This exceptional commercial property at 301 E Madison Avenue in Harlingen, Texas, presents a unique investment opportunity. Built in 1918, this three-story building sits on a substantial 20,999.84 square foot lot. Its prime downtown location offers unparalleled convenience, situated directly across from the Harlingen activity center and benefiting from adjacent public parking. The property's classification includes both Commercial and Executive Office uses, offering flexibility for a variety of ventures. The building's rich history and architectural charm create a distinctive atmosphere, ideal for adaptive reuse. Envision this space as a renovated office building, a boutique hotel, or a high-end Airbnb. The asking price is $325,000. This property offers a blend of historical significance, prime location, and substantial size, making it an attractive prospect for discerning investors seeking a unique and versatile commercial asset in the thriving Harlingen market. The property's zoning and potential uses should be independently verified. The 78550 zip code ensures easy access to local amenities and transportation networks. This is a rare chance to acquire a piece of Harlingen's history and shape its future.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$571,124
Hospitality
$523,147
Educational
$435,252
Medical
$450,221
Retail
$677,058
Location Insight
City
Harlingen
County
Cameron
State
Texas
Latitude
26.1951
Longitude
-97.6932
CBSA code
15180
CBSA name
BROWNSVILLE-HARLINGEN, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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