516-518 BROADWAY STREET, MCALLEN, TX 78501

Homes for sale in Mcallen.

Homes for sale in 78501.


516-518 Broadway Street

McAllen, TX 78501

Status of the property has changed, please contact for details

List Price$700,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #412270

5,000

Square Feet

Commercial

Type

About This Property

The property consists of 2 separate offices totaling 5,000 sf on 6,500 sf of land. This is a downtown office location that is just over a block north of McAllen City Hall, just north of the Mexico Consulate, and one-half block north of the Honduras, El Salvador, and Guatemala Consulates.  Across the street is a law office and other professional offices. This is a well-established office in the McAllen CBD. The new conceptual layout presents an idea for a multi-tenant renovation catering to the marketplace. Although there is some parking in the rear of the building there are 32 parking spaces in the City Parking Lot B. The staff can apply for a free Downtown Service Parking Decal to eliminate paying the meter. We have attached the procedures. Please see the flyer attached.

Property Features

Location Information

County

Hidalgo

Directions

From Business 83, head south on Broadway and the property will be on the right hand side.

Subdivision

Mcallen Addition

Interior Features

Heating

Central, Electric

Floors

Concrete

Cooling

Central Air, Electric

Appliances

Electric Water Heater

Exterior Features

Construction

Brick, Block

Lot Size in Acres

0.149

Roof

Flat, Other

Lot Size in Sq. Ft.

6,500

Possession

Closing and Funding

Present Use

Office

Parking Description

Blacktop, On Street

Zoning

C3

Has Garage

Yes

Energy Features

None

Garage Spaces

4

Road Description

Paved Road

Parking Spaces

4

Road Frontage

City Street

Lot Description

Downtown

Additional Information

Property Type

COM

Units in Complex

2

Property SubType

Commercial

Taxes

5592

Year Built

1980

Tax Year

2023

APN

M195000045000200

Square Feet Source

HidalgoCAD

Status

Active

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Mortgage Calculator

$3,268

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,522

Monthly Tax

$583

Monthly Insurance

$163

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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