389 Hidalgo AveRaymondville, TX 78580

For Sale
$210,000
High-yield, multi-tenant income property.

Overview

Added:
Feb 3
Days on market:
72
This exceptional commercial investment opportunity in Raymondville, Texas, presents a rare chance to acquire a thriving, multi-tenant property generating consistent rental income. Located on a 0.33-acre lot encompassing four city lots at 389 W Hidalgo Avenue, this property boasts unparalleled visibility directly off the city's main thoroughfare and offers convenient access to Interstate 69E. The property comprises three fully leased buildings: two retail spaces and a church, all contributing to a stable and predictable income stream. Adding to its appeal, a fourth lot houses a currently leased water mill, providing an additional revenue source. The total square footage of the buildings is 6,325 square feet. This strategic location near major transportation arteries ensures high traffic counts and excellent exposure for all tenants. The diverse tenant mix offers both stability and potential for future growth, making this property an attractive proposition for both experienced investors and those looking to diversify their holdings. This is a turnkey investment ready to generate immediate returns. The asking price is $210,000.

Property Details for 389 Hidalgo Ave

Property type
Commercial real estate
Square Feet
6,325 SF
Year Built
1930
Lot Size (sq. ft)
14,375 SF

Location Insight

City
Raymondville
County
Willacy
State
Texas
Latitude
26.48164
Longitude
-97.78498
389 Hidalgo Ave, Raymondville, Texas

FAQs

What type of property is this?
Commercial real estate - High-yield, multi-tenant income property.
Where is the commercial real estate located?
The property is located at 389 Hidalgo Ave Raymondville, TX.
What is the asking price?
The asking price for this property is $210,000.
How can I contact the broker?
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389 Hidalgo Ave
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