516-518 Broadway Street McAllen, TX $ 700,000
516-518 Broadway Street
$ 700,000
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516-518 Broadway Street

McAllen, TX, 78501
$ 700,000
Bedrooms-- Baths-- Sq 5,000

Monthly Estimate*

$ 4,367

516-518 Broadway Street, McAllen, TX 78501 - Image 1
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516-518 Broadway Street, McAllen, TX 78501 - Image 12

Commercial Property for sale in McAllen, TX

for $700,000. This 5,000 square foot building was built in 1980 on a lot size of 0.1492.

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.

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Commercial Active

Price

$ 700,000

Property Type

Commercial

Taxes

$ 5,592

Style

Commercial

Lot Size

0.1492

Year Built

1980

Town/City

McAllen

County/Region

Hidalgo

MLS | Web ID

412270

Features
General
Living Area 5000
Heating Central Electric
Cooling Central Air Electric
Possession Closing and Funding
Roof Flat Other
Appliances Electric Water Heater
Zoning C3
Garage Spaces 4
Construction Materials Brick Block
Year Built 1980
Stories Count 1
Property Subtype Commercial
Tax Year 2023
Current Use Office
County Hidalgo
Property Type Commercial Sale
HOA No
Energy Efficient None
Subdivision Name Mcallen Addition
Garage Y/N Yes
Building Features Restrooms-Private
Status Active
Directions From Business 83 head south on Broadway and the property will be on the right hand side.
City McAllen
Lot Size Units Square Feet
Lot Size Square Feet 6500.0232
Carport Spaces 0
Carport Y/N No
Tax Annual Amount 5592
Home Warranty Y/N No
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Year Built Source HCAD
Grounds None
Legal Description MCALLEN ADDITION LOT 2 BLOCK 45
Freehold BBO VOW IDX
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Exterior
Exterior Amenities None
Parking Features Blacktop On Street
Lot Features Downtown
Total Parking 4
Lot Size Area 6500.0232
Building Area Total 5000
Lot Dimensions 140X50
Lot Size Acres 0.1492
Road Surface Type Paved Road
Covered Spaces 4
Road Frontage Type City Street
Irrigation Water Rights Y/N No
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Interior
Flooring Concrete
Air Conditioning Y/N Yes
Heating Y/N Yes
Retail SqFT 0
Warehouse SqFt 0
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* Excluded Features
List By
Roger K. Stolley

Listing Agent

Nai Stx

Broker

rogers@nairgv.com

Email

Affordability Calculator

$4,833
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,367
Monthly Property Taxes
$466
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
3057399 Elementary School
3057620 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/21/2023$600,000 Listed Price

Map


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516-518 Broadway Street, McAllen, TX, 78501 is a Commercial Property for sale at $700,000 with 5,000 sqft and a lot size of 0.1492. 516-518 Broadway Street was built in 1980. The property's zip code is 78501 which is in McAllen, TX