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1102 N Closner

Edinburg, TX 78541
  • $1,650,000
  • STATUS: Active
  • ON SITE: 199 Days
  • MLS #: 412210
UPDATED: 50 min ago
$1,650,000
  • 0
    BEDS
  • 2.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,738
    SQFT
  • $288
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1991
County:
Area:

School Ratings & Info

Description

PRIME INVESTMENT OPPORTUNITY: 2.42 ACRES WITH 2 #INCOMEPRODUCING BUILDINGS IN NORTH EDINBURG, TX. INVEST IN VERSATILITY, INCOME POTENTIAL, ON NORTH CLOSNER, THE MAIN BUILDING OFFERS 5738 SQFT OF BUSINESS SPACE. THE FRONT MAIN BUILDING, CURRENTLY UTILIZED AS A RESTAURANT, PRESENTS A MYRIAD OF POSSIBILITIES. WHETHER YOU ENVISION AS A CONVENIENCE STORE WITH A DRIVE-THRU, A PROFESSIONAL OFFICES LIKE LAW FIRM, A MEDICAL, OR DENTAL PRACTICES, OR A RETAIL OUTLET, THE FLEXIBILITY IS YOURS TO EXPLORE. ADDITIONALLY, AN EVENTS SALOON ENCOMPASSING 1507 SQFT, ADDS AN EXTRA INCOME STREAM FOR THE OWNER, CATERING FOR MANY KIND OF EVENTS. ALSO, THE 2ND. BUILDING IS CURRENTLY LEASED FOR $3,500 PER MONTH, 2500 SQFT OF SPACE, CURRENTLY USED AS A JIU-JITSU STUDIO. FURTHERMORE, A CONCRETE SLAB MEASURING 40 X 43 (1720 SQFT) IS READY TO BE BUILD, THIS FUTURE BUILDING IS EXPECTED TO FETCH AROUND $3K+/- IN MONTHLY RENT. EXTRA LAND IS EXCELLENT FOR MINI-STORAGE UNITS. THE SELLING PRICE IS FULLY NEGOTIABLE!

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© 2024 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Ryan & Brian Real Estate Team | Tierra Frontera, LLC. Data last updated: 2024-03-04T16:17:54.947.
www.ryanandbrian.com/homes/142566841
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1102 N Closner Edinburg, TX 78541

  • Price: $1,650,000
  • Status: Active
  • On Site: 199 Days
  • Updated: 50 min ago
  • MLS #: 412210
0
Beds
0
Baths
0
½ Baths
2.42
Acres
5,738
SQFT
$288
$/SQFT
1991
Built
Neighborhood:
Texas Mexican Railway
County:
Hidalgo
Area:
Edinburg
Property Description
PRIME INVESTMENT OPPORTUNITY: 2.42 ACRES WITH 2 #INCOMEPRODUCING BUILDINGS IN NORTH EDINBURG, TX. INVEST IN VERSATILITY, INCOME POTENTIAL, ON NORTH CLOSNER, THE MAIN BUILDING OFFERS 5738 SQFT OF BUSINESS SPACE. THE FRONT MAIN BUILDING, CURRENTLY UTILIZED AS A RESTAURANT, PRESENTS A MYRIAD OF POSSIBILITIES. WHETHER YOU ENVISION AS A CONVENIENCE STORE WITH A DRIVE-THRU, A PROFESSIONAL OFFICES LIKE LAW FIRM, A MEDICAL, OR DENTAL PRACTICES, OR A RETAIL OUTLET, THE FLEXIBILITY IS YOURS TO EXPLORE. ADDITIONALLY, AN EVENTS SALOON ENCOMPASSING 1507 SQFT, ADDS AN EXTRA INCOME STREAM FOR THE OWNER, CATERING FOR MANY KIND OF EVENTS. ALSO, THE 2ND. BUILDING IS CURRENTLY LEASED FOR $3,500 PER MONTH, 2500 SQFT OF SPACE, CURRENTLY USED AS A JIU-JITSU STUDIO. FURTHERMORE, A CONCRETE SLAB MEASURING 40 X 43 (1720 SQFT) IS READY TO BE BUILD, THIS FUTURE BUILDING IS EXPECTED TO FETCH AROUND $3K+/- IN MONTHLY RENT. EXTRA LAND IS EXCELLENT FOR MINI-STORAGE UNITS. THE SELLING PRICE IS FULLY NEGOTIABLE!
Exterior Features

Carport Spaces 0 Carport YN No Construction Materials BrickStucco Covered Spaces 20 Garage YN Yes Grounds Other Lot Features Downtown Parking Features OtherPaved Parking Total 20 Road Frontage Type City Street Roof Flat

Interior Features

Appliances Electric Water Heater Cooling Central AirElectric Cooling YN Yes Flooring OtherTerrazzoTile Heating CentralElectric Heating YN Yes

Property Features

Association YN No Building Features NoneOther Current Use OtherRestaurant Green Energy Efficient Other Presently Leased YN Yes Property Sub Type Commercial Tax Annual Amount 10864 Tax Year 2022

Listing by Francisco Pacheco of Alliance Real Estate Group: 956-340-4633.
© 2024 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Ryan & Brian Real Estate Team | Tierra Frontera, LLC. Data last updated: 2024-03-04T16:17:54.947.
 
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The Ryan & Brian Real Estate Team | Tierra Frontera, LLC
833 E. Esperanza Ave, Ste. A
McAllen TX, 78501