1620 8Th St Weslaco, TX 78596

This exceptional 14,000 sq ft commercial property, located at 1620 E 8th Street in Weslaco, Texas, presents a lucrative investment opportunity. Built in 2003, this two-story building sits on a 0.78-acre lot and is ideally situated just one block from Knapp Medical Hospital, surrounded by numerous medical clinics. The first floor currently houses a thriving pediatric clinic, featuring 9 exam rooms, a lobby, lab, 2 private offices with restrooms, records room, nurse/intake area, restrooms, break room, and storage. A 1,500 sq ft area is prepped for a pharmacy, offering significant expansion potential. The second floor, encompassing 7,000 sq ft, offers further investment upside. Currently, 3,500 sq ft is leased, generating immediate rental income. The remaining space includes 7 exam rooms, a lab, private offices, and additional amenities. The building is equipped with an x-ray machine and is easily accessible via elevator and stairs. The asking price is $1,999,000, with a price per square foot of $141.94. The seller is open to a leaseback arrangement after the sale or even selling the existing pediatric practice along with the building, providing considerable flexibility for the buyer. This property is perfect for investors seeking immediate returns and long-term growth in a thriving medical market. The property is zoned for commercial and executive office use.