1202 Main Ave Laredo, TX 78040

This exceptional investment opportunity presents a 27,179-square-foot warehouse complex situated on a 0.89-acre corner lot in Laredo, Texas. The property comprises two buildings constructed in 1969 and 1981, boasting a desirable B-3 General Business District zoning. The warehouse features a functional layout with four dock-high loading doors, including two accessible via platform, and impressive ceiling heights ranging from 11 to 14 feet. The property benefits from three-phase heavy power, making it suitable for a variety of industrial uses. Currently 100% occupied on a month-to-month lease, this presents a unique opportunity for an owner-user, or a potential for lease-up or redevelopment upon closing. Its strategic location within Laredo's Downtown Historic District offers unparalleled access to major transportation arteries, being less than a mile from two international ports of entry and Interstate 35. The low tax assessment further enhances the property's appeal, minimizing holding costs for buyers considering redevelopment. This fee-simple offering provides a compelling investment prospect in a thriving market with a low vacancy rate of 1.6% among comparable properties. The property's size, features, and location combine to create a rare opportunity in the Laredo industrial real estate market. This is a single-tenant, gross lease property.