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1601 W Business 83

Weslaco, TX 78596
  • $1,650,000
  • STATUS: Active
  • ON SITE: 93 Days
  • MLS #: 388943
UPDATED: 37 min ago
$1,650,000
  • 0
    BEDS
  • 0.83
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 16,200
    SQFT
  • $102
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2002
County:
Area:

School Ratings & Info

Description

Established shopping center located near the high traffic intersection of Westgate and Business 83 in Weslaco. Property is currently 85% occupied with strong CAP RATE and occupied by a few long-term tenants. Available lease space, 2,400 sf. Property offers ample parking, excellent visibility and easy access. Property is located directly across from H.E.B. and near other retail/restaurants such as; Walgreens, Whataburger, Subway and Famsa. Opportunity for future increased lease rates.

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© 2022 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 Key Realty. Data last updated: 2022-12-02T20:16:51.217.
www.keyrealtyrgv.com/homes/132594585
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1601 W Business 83 Weslaco, TX 78596

  • Price: $1,650,000
  • Status: Active
  • On Site: 93 Days
  • Updated: 37 min ago
  • MLS #: 388943
0
Beds
0
Baths
0
½ Baths
0.83
Acres
16,200
SQFT
$102
$/SQFT
2002
Built
Neighborhood:
Westgate Center
County:
Hidalgo
Area:
Weslaco
Property Description
Established shopping center located near the high traffic intersection of Westgate and Business 83 in Weslaco. Property is currently 85% occupied with strong CAP RATE and occupied by a few long-term tenants. Available lease space, 2,400 sf. Property offers ample parking, excellent visibility and easy access. Property is located directly across from H.E.B. and near other retail/restaurants such as; Walgreens, Whataburger, Subway and Famsa. Opportunity for future increased lease rates.
Exterior Features

Carport Spaces 0 Carport YN No Construction Materials Block Covered Spaces 55 Garage YN Yes Grounds NoneSidewalks Lot Features Strip Mall Parking Features Paved Parking Total 55 Road Frontage Type City Street Roof FlatMetal

Interior Features

Appliances Electric Water Heater Cooling Central Air Cooling YN Yes Flooring Tile Heating Central Heating YN Yes

Property Features

Association YN No Building Features None Current Use Business ServiceOtherProfessional ServiceRetail Green Energy Efficient Other Other Equipment Pole Sign Presently Leased YN Yes Property Sub Type Commercial Tax Annual Amount 19273 Tax Year 2021

Listing by Marcos (Marc) Moran of Coldwell Banker La Mansion: 956-631-1322.
© 2022 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 Key Realty. Data last updated: 2022-12-02T20:16:51.217.
 
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