636 Broadway StElsa, TX 78543

For Sale
$240,000

10,000 sq ft lot, prime commercial location

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 10,000.94 square foot commercial land parcel, located at 636 N Broadway Street in Elsa, Texas, presents a unique investment opportunity. The property, built in 1985, currently features a 2900 square foot building situated within an established strip mall along FM 88. The existing structure includes six small offices, two bathrooms, a storage room, and a small kitchen area. While the building requires some renovations, it boasts a solid foundation and presents significant potential for various commercial uses. The kitchen is equipped with a 220V power supply, although upgrades are recommended. The age of the central air conditioning system is undetermined and should be verified. The property's location offers excellent visibility and accessibility, making it ideal for a range of businesses, including event centers, office leasing, insurance agencies, or pharmacies. Owner financing is available with a 40% down payment, a 10% interest rate, amortized over 30 years, and a balloon payment due in 10 years. All offers are welcome. A thorough inspection and due diligence are strongly recommended before purchase. The property is zoned for commercial use and is situated in Hidalgo County, Texas, zip code 78543.

Highlights

  • 10,000.94 SF commercial land parcel at 636 N Broadway St, Elsa, TX 78543.
  • Existing 2,900 SF building in established strip mall on FM 88, built in 1985.
  • Six small offices, two bathrooms, storage room, and small kitchen (220V power). Requires renovations.
  • Excellent visibility and accessibility; suitable for various commercial uses.
  • Owner financing available: 40% down, 10% interest, 30-year amortization, 10-year balloon.

Property Details for 636 Broadway St

Property type
Other land, Land
Year Built
1985

Location Insight

City
Elsa
County
Hidalgo
State
Texas
Latitude
26.2930696
Longitude
-97.9824471
636 Broadway St, Elsa, Texas

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636 Broadway St
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