231 E Park AVE Active Save Request In-Person Tour Request Virtual Tour
Pharr,TX 78577
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,333 sqft
Price per Sqft $18
Subdivision Lettered Blks (Pharr)
MLS Listing ID 447290
HOA Y/N No
Originating Board Greater McAllen
Year Built 1990
Annual Tax Amount $5,093
Tax Year 2023
Lot Size 5,401 Sqft
Acres 0.124
Property Description
This property in the heart of Pharr, TX, offers an excellent investment opportunity with its prime location near the expressway, downtown, and various local amenities. The two-story building features 12 rooms, including suites, offices, and dining areas. It requires significant renovation and restoration, making it a blank canvas for various potential uses. Once refurbished, the property could serve different clientele, from tourists to event planners, or be repurposed into apartments, condominiums, or mixed-use commercial space, depending on zoning permits. The property is available at a price significantly lower than its potential value, offering great potential for return on investment with the right vision. Buyers are advised to conduct their own due diligence with the city of Pharr and current zoning and regulations
Location
State TX
County Hidalgo
Zoning F1
Interior
Heating No HVAC
Cooling No HVAC
Flooring Concrete,None,Other
Appliance Water Heater (None)
Exterior
Exterior Feature None,Other
Garage Spaces 6.0
Waterfront No
View Y/N No
Roof Type Composition Shingle
Total Parking Spaces 6
Garage Yes
Building
Lot Description Downtown,See Remarks
Faces To reach 231 E Park Ave in Pharr, TX, from McAllen or Mission, take US-83 E/I-2 E, exit at S Cage Blvd, then turn right onto E Park Ave. From Edinburg, head south on I-69C/US-281 S, exit at Business 83/W Expy 83, merge onto S Cage Blvd, then turn left onto E Park Ave.
Story 2
Structure Type Brick,Block,Frame/Wood,None,Wood Siding
New Construction No
Others
Tax ID L42500000A001700