
Courtesy of: Alejandra E. Cobos, Cobos Real Estate Services LLC, alejandra@acobosrealty.com
$695,000
|
Lot: 0.20 Acres
|
|
Other
|
$695,000
809 N Ware Road Turnkey investment opportunity in McAllen, TX with a strong 7.2% cap rate-making this a standout option for investors seeking reliable returns. Priced at $695, 000, this 2, 790 sq. ft. property offers a powerful mix of active & passive income streams. The established laundromat features 24 commercial washers and 28 dryers (most under warranty), plus coin changers and vending machines, generating $75, 000 in annual income. You have the opportunity to generate more income from FOUR on-site rental offices, providing steady supplemental income with room to increase cash flow (currently one leased, three vacant). Well-maintained with approximately 16 parking spaces and low overhead, this property is strategically located off Ware Rd and Pecan in a high-traffic area. Not ready to purchase the real estate? You can also buy the business and lease the space-an opportunity you don't want to miss. Let's talk!
Courtesy of: Alejandra E. Cobos, Cobos Real Estate Services LLC, alejandra@acobosrealty.com
Copyright © 2026 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.