1102 N Closner Boulevard Edinburg, TX $ 1,650,000
1102 N Closner Boulevard
$ 1,650,000
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1102 N Closner Boulevard

Edinburg, TX, 78541
$ 1,650,000
Baths0.0 Sq 5,738

Monthly Estimate*

$ 11,526

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Studio

Commercial Property for sale in Edinburg, TX

for $1,650,000. This 5,738 square foot building was built in 1991 on a lot size of 2.42.

PRIME INVESTMENT OPPORTUNITY: 2.42 ACRES WITH 2 #INCOMEPRODUCING BUILDINGS IN NORTH EDINBURG, TX. INVEST IN VERSATILITY, INCOME POTENTIAL, ON NORTH CLOSNER, THE MAIN BUILDING OFFERS 5738 SQFT OF BUSINESS SPACE. THE FRONT MAIN BUILDING, CURRENTLY UTILIZED AS A RESTAURANT, PRESENTS A MYRIAD OF POSSIBILITIES. WHETHER YOU ENVISION AS A CONVENIENCE STORE WITH A DRIVE-THRU, A PROFESSIONAL OFFICES LIKE LAW FIRM, A MEDICAL, OR DENTAL PRACTICES, OR A RETAIL OUTLET, THE FLEXIBILITY IS YOURS TO EXPLORE. ADDITIONALLY, AN EVENTS SALOON ENCOMPASSING 1507 SQFT, ADDS AN EXTRA INCOME STREAM FOR THE OWNER, CATERING FOR MANY KIND OF EVENTS. ALSO, THE 2ND. BUILDING IS CURRENTLY LEASED FOR $3,500 PER MONTH, 2500 SQFT OF SPACE, CURRENTLY USED AS A JIU-JITSU STUDIO. FURTHERMORE, A CONCRETE SLAB MEASURING 40 X 43 (1720 SQFT) IS READY TO BE BUILD, THIS FUTURE BUILDING IS EXPECTED TO FETCH AROUND $3K+/- IN MONTHLY RENT. EXTRA LAND IS EXCELLENT FOR MINI-STORAGE UNITS. THE SELLING PRICE IS FULLY NEGOTIABLE!

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Commercial Active

Price

$ 1,650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 10,864

Style

Commercial

Lot Size

2.42

Year Built

1991

Town/City

Edinburg

County/Region

Hidalgo

MLS | Web ID

412210

Features
General
Heating Central Electric
Cooling Central Air Electric
Possession Closing and Funding
Roof Flat
Appliances Electric Water Heater
Garage Spaces 20
Construction Materials Brick Stucco
Year Built 1991
Property SubType Commercial
Tax Year 2022
Current Use Other Restaurant
County Hidalgo
Property Type Commercial Sale
HOA / Comm Assn No
Energy Efficient Other
Subdivision Name Texas Mexican Railway
Garage Y/N Yes
Building Features None Other
Status Active
Directions 1102 N CLSONER BLVD. EDINBURG TX. GOOGLE MAPS LINK https://goo.gl/maps/Y94JwHkzZEnjfE4v9
City Edinburg
Lot Size Square Feet 105415.2
Carport Spaces 0
Carport Y/N No
Street Name Closner
Tax Annual Amount 10864
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Virtual Tour https://www.tiktok.com/@fcopacheco1/video/7270899302648646942
Grounds Other
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Interior
Flooring Other Terrazzo Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Boulevard
Living Area Units Square Feet
Retail SqFT 5738
Warehouse SqFt 0
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Exterior
Parking Features Other Paved
Lot Features Downtown
Total Parking 20
Lot Size Area 2.42
Building Area Total 5738
Lot Size Acres 2.42
Lot Size Units Acres
Covered Spaces 20
Road Frontage Type City Street
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* Excluded Features
List By
Francisco G. Pacheco

Listing Agent

Alliance Real Estate Group

Broker

fcopacheco1@gmail.com

Email

Affordability Calculator

$12,431
Per Month
93%
7%
0%
Monthly Principal & Interest
$11,526
Monthly Property Taxes
$905
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3057399 Elementary School
3057620 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/18/2023$1,500,000 Listed Price

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1102 N Closner Boulevard, Edinburg, TX, 78541 is a Commercial Property for sale at $1,650,000 with 5,738 sqft and a lot size of 2.42. 1102 N Closner Boulevard is a studio with 0.0 baths and was built in 1991. The property's zip code is 78541 which is in Edinburg, TX