For Sale
$489,000

215 Texas Blvd Weslaco, TX 78596

Historic building, mixed-use income

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional, fully occupied mixed-use property in Weslaco, Texas, presents a unique investment opportunity. Located at 215 S Texas Blvd, this Class A, fee-simple building boasts 3,750 square feet on a 0.06-acre lot. The 2-story structure, renovated in 2020, features eight units: an event center, a separate hair salon space, and six vintage studio loft apartments, generating multiple income streams. The building benefits from 100% occupancy with six tenants under a gross lease. The asking price is $489,000 ($130.40/sq ft). Situated in the heart of historic downtown Weslaco, adjacent to the iconic El Tinaco water tower, this property enjoys high visibility on Texas Blvd, a major arterial roadway, with excellent frontage. The permitted commercial zoning and strong local growth in both residential and commercial sectors make this a compelling investment for owner-users or investors seeking a blend of history and high return. The building's prime location offers easy access to major downtown landmarks and high traffic counts on Texas Boulevard (14,815 VPD) and Business Highway 83 (15,563 VPD). This is a rare chance to acquire a piece of Weslaco's rich history and capitalize on its vibrant future.

Highlights

  • Historic Downtown Weslaco Building
  • High-visibility frontage on Texas Blvd, Weslaco's main thoroughfare (14,815 VPD)
  • Recently renovated
  • Multiple income streams: event center, hair salon, and six studio apartments
  • Excellent location near major downtown landmarks and Business Highway 83 (15,563 VPD).

Property Details for 215 Texas Blvd

Property type
Retail properties, Mixed-use properties
Square Feet
3,750 SF
Class
A
Year Renovated
2020
Buildings
1
Stories
2
Lot Size (sq. ft)
2,614 SF
Units
8

Location Insight

City
Weslaco
County
Hidalgo
State
Texas
Latitude
26.1610138
Longitude
-97.9904635

FAQs

What type of property is this?
Retail property - Historic building, mixed-use income
Where is the retail property located?
The property is located at 215 Texas Blvd Weslaco, TX.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Historic Downtown Weslaco Building; High-visibility frontage on Texas Blvd, Weslaco's main thoroughfare (14,815 VPD); Recently renovated
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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215 Texas Blvd
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