308-302 Broadway St StElsa, TX 78543

For Sale
$215,000

Three leased units, high traffic area.

Overview

Added:
Feb 3
Days on market:
40
This exceptional commercial property in the heart of Elsa, Texas, presents a compelling investment opportunity. The 5,336 square foot building sits on a 0.23-acre lot and comprises three distinct units, all currently generating income from existing leases. The first unit operates as a nutrition shop, the second serves as a church, and the third functions as a combined boutique and flower shop. Unit 308 is significantly larger than units 302 and 322, which have been subdivided. This expansive unit boasts a sizable main area, two to three additional rooms, a restroom, a large central space ideal for various uses, and a garage suitable for storage. Ample parking is available at the front, side, and rear of the building, ensuring convenient access for tenants and customers. The property benefits from a recently installed metal roof (approximately three years old), providing long-term durability and reduced maintenance costs. Located in a high-traffic area, this property offers excellent visibility and accessibility, making it an attractive investment for both short-term and long-term returns. The existing leases provide immediate cash flow, while the versatile layout and prime location offer significant potential for future growth and development.

Property Details for 308-302 Broadway St St

Property type
Other commercial real estate
Square Feet
5,336 SF
Year Built
1975
Lot Size (sq. ft)
10,019 SF

Location Insight

City
Elsa
County
Hidalgo
State
Texas
Latitude
26.2968
Longitude
-97.9909
308-302 Broadway St St, Elsa, Texas

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308-302 Broadway St St
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