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409 E Mahl Street
Edinburg TX 78539 US

$1,500,000

Active Listing ID 423363
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Lot: 0.49 Acres
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Other

$1,500,000

Active Listing ID 423363
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409 E Mahl Street "Too good of an area to be vacant" You are not just buying the property, you area also buying the RELIABILITY. A huge factor. YOUR MONEY STREAM AWAITS. FULLY LEASED 10 Unit commercial plaza downtown edinburg with PARKING LOT, 29 private parking spots. Walking distance to the new hidalgo county courthouse. Income producing property. Beautiful stucco building with pole sign, lights, roof signs, in an incredible location. Units range from 615 sqft and 1, 200 sqft. Monthly rental income of $10, 050 as Dec 2023, with an annual income of $117, 300 and an NOI of $105, 089.20. Minimal maintenance. Rents have room for increase, tenants have been consistent for years. This is a reliable income generating investment that will only continue to grow in equity and income. Especially being located in the heart of the fastest growing city in the McAllen-Edinburg-Mission metropolitan area: the fastest growing metropolitan area in Texas! You won't find a better long term commercial investment.

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Property Features

  • Facts
  • Lot Size: 0.49 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Floor Covering: Tile
  • Roof Type: Composition, Shingle
  • Heating Fuels: Central Furnace

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1500000
  • unparsedaddress: 409 E Mahl Street
  • postalcity: Edinburg
  • stateorprovince: TX
  • country: US
  • postalcode: 78539
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.489
  • lotsizeunits: Acres
  • lotsizearea: 0.489
  • livingarea: 8604
  • livingareaunits: Square Feet
  • latitude: 26.299083
  • longitude: -98.159059
  • listagentfullname: Javier Garza Jr.
  • listagentemail: thejaviergarzajrluxurygroup@gmail.com
  • listagentkey: 3yd-GMARTX-801070877
  • listagentmlsid: 801070877
  • listagentpreferredphone: 9568216170
  • listagentofficephone: 9568216170
  • listofficekey: 3yd-GMARTX-759
  • listofficemlsid: 759
  • disclaimer: Copyright © 2024 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GMARTX
  • yearbuilt: 2008
  • listagenturl: http://www.Encorefineproperties.com
  • countyorparish: Hidalgo
  • parcelnumber: E330000279001000
  • flooring: Tile
  • heating: Central Furnace
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 29
  • roof: Composition, Shingle
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -98.159059, 26.299083
  • customfields: {"AlternatePrices":[], "Expenses":[], "Neighborhoods":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/GMARTX/423363/?channel=rexren", "LeadRoutingEmail":"ravi.encorefineproperties@gmail.com", "BrokerName":"Encore Fine Properties", "ListingTitle":"Commercial - Edinburg, TX", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"Encorergv@gmail.com", "ListOfficeAddress1":"2505 Buddy Owens Ave", "ListOfficeAddress2":null, "ListOfficeCity":"McAllen", "ListOfficePostalCode":"78504", "ListOfficeStateOrProvince":"TX", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Encore Fine Properties", "ListBrokeragePhone":"(956) 821-6170", "ListBrokerageEmail":"Encorergv@gmail.com", "ListBrokerageWebsiteUrl":"http://www.Encorefineproperties.com", "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"2505 Buddy Owens Ave", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"McAllen", "ListBrokerageStateOrProvince":"TX", "ListBrokeragePostalCode":"78504", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-01-22T09:33:24Z", "Taxes":[{"TaxYear":"2023", "TaxAnnualAmount":16062, "TaxDescription":null}]}
Listing Changed: 3/26/2024 2:51:43 PM GMT
Source Updated Date: 5/13/2024 6:41:29 AM GMT

Courtesy of: Javier Garza Jr., Encore Fine Properties, thejaviergarzajrluxurygroup@gmail.com

Copyright © 2024 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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