636 Broadway StElsa, TX 78543

Property Details for 636 Broadway St

Year built

1985

Property size (Sq ft)

2,900 SF

Property type

Day care centers & nurseries

Property subtype

Retail properties

Description

This 2,900 square foot commercial property in Elsa, Texas, is situated on a 13,000 square foot lot and offers a unique investment opportunity. Currently vacant, the single-story building, constructed in 1985, features six small rooms ideal for offices, two bathrooms, a storage room, and a sizable open area suitable for diverse business uses. The property includes a small kitchen with a 220V power supply, though renovations are needed. The central air conditioning system's age is undetermined, requiring further assessment. The building is located in a strip mall along FM 88, benefiting from established neighboring businesses. While the property requires some renovations, it boasts a sound structure. Eight parking spaces are available. The property is zoned CO and has an APN of E5400-00-031-0001-00. Owner financing is available with a 40% down payment, 10% interest, amortized over 30 years, and a balloon payment due in 10 years. The property is listed at $240,000 ($82.76/sq ft). Note: The property currently lacks electricity; the electrical box is located on a column near the front door. While Hidalgo County Appraisal District records indicate a second floor, this is inaccurate and will be corrected by the owner, resulting in a likely reduction in property taxes. All offers are welcome.

Location Insight

City

Elsa

County

Hidalgo

State

Texas

Latitude

26.2991

Longitude

-97.993

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