640 Edinburg AveElsa, TX 78543

Property Details for 640 Edinburg Ave

Year built

2016

Lot size

3.00 AC

Property size (Sq ft)

4,820 SF

Property type

Commercial real estate

Description

This exceptional 3-acre commercial property in Elsa, Texas, presents a lucrative investment opportunity. The main building, currently operating as a successful event center under lease until January (then month-to-month), generates $1500 monthly income. Its versatile design allows for immediate use as a restaurant, and the kitchen appliances are included in the sale. The property also features a 20-unit storage facility, producing approximately $1400 in monthly rental income. An outdoor entertainment area is suitable for bands and events. Adding to the income stream, a separate area leased month-to-month to a wrecker service generates an additional $500 per month. The 4,820 square foot main building is complemented by ample outdoor space, ideal for expansion or further development. The current tenant arrangements offer immediate cash flow, while the property's diverse uses and high rental income potential make it an attractive investment for a wide range of buyers. This turnkey operation is ready for a new owner to capitalize on its existing revenue streams and explore further growth opportunities. The sale includes the kitchen appliances

Location Insight

City

Elsa

County

Hidalgo

State

Texas

Latitude

26.2927

Longitude

-98.0041

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