702 Hi Line RdHidalgo, TX 78557

For Sale
$1,450,000

1.75 Acres, High-Growth Potential, Restaurant Included

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 1.751-acre commercial property at 702 Hi Line Road, Hidalgo, TX 78557, presents a lucrative investment opportunity. Built in 2017, the property boasts a versatile mix of land, office, and retail space, currently operating as a restaurant with additional income streams from small, month-to-month rentals. The strategic location on a hard corner with a four-way stoplight ensures high visibility and accessibility. The property is surrounded by residential areas, providing a substantial customer base. Over 50 parking spaces are available, and the existing structure offers significant expansion potential. Architectural plans are available for adding substantial plaza space to the west of the current building, allowing for further development and increased revenue streams. The asking price is $1,450,000. Restaurant equipment and furniture are available for separate purchase. This property is ideal for an investor seeking a multi-faceted commercial venture with immediate income and substantial growth potential in a thriving Texas community. The property is zoned for commercial use and includes a successful, fully operational restaurant.

Highlights

  • 1.751-acre commercial property at 702 Hi Line Road, Hidalgo, TX 78557, built in 2017.
  • High-visibility corner lot with four-way stoplight, offering excellent accessibility.
  • Currently operating restaurant with additional income from small rentals, providing immediate cash flow.
  • Over 50 parking spaces and significant expansion potential.
  • Architectural plans available for adding plaza space, increasing revenue opportunities.
  • Asking price: $1,450,000; restaurant equipment and furniture available for separate purchase.

Property Details for 702 Hi Line Rd

Property type
Other retail properties, Restaurants
Year Built
2017
Lot Size (sq. ft)
76,274 SF

Location Insight

City
Hidalgo
County
Hidalgo
State
Texas
Latitude
26.105124
Longitude
-98.22457
702 Hi Line Rd, Hidalgo, Texas

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702 Hi Line Rd
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