315 N Colonel Rowe Boulevard, McAllen

$650,000

0 Beds
0 Baths
14,700 Sqft
.92 Acres
17 Garages

INVESTMENT OPPORTUNITY FOR SALE-located at the southwest corner of N. Colonel Rowe Boulevard and Date Palm Avenue, this multi-tenant auto related & general storage warehouse complex would be a great option for an investor.  Options could also be available for an end user that would utilize part of the facility, and continue renting out the remaining units for rental income.  The combined spaces total approximately 14,700 square feet (SF), with approximately 6,500 SF in four auto service related businesses/spaces, and the remaining 8,200 SF being a mix of five separate 1,250 & 1,500 SF spaces with various service businesses.  
In 2019, the property grossed over $90,000 in income, however, the annual gross income has averaged $80,680 per year over the past eight years, which allows for some room to increase rents potentially as this is a highly desired central location for auto mechanics and other auto related and service businesses with great visibility on Colonel Rowe Boulevard.

Essential Information
MLS® #320945
Price$650,000
Bathrooms0.00
Square Footage14,700
Acres0.92
Year Built1985
TypeCommercial
Sub-TypeCommercial
StatusActive
Community Information
Address315 N Colonel Rowe Boulevard
AreaMcAllen
SubdivisionPoorbough
CityMcAllen
CountyHidalgo
StateTX
Zip Code78501
Amenities
ParkingBlacktop, Paved
# of Garages17
Interior
HeatingOther
Exterior
ExteriorConcrete Block
RoofOther
Additional Information
Date ListedSeptember 8th, 2019
ZoningC
Listing Details
AgentBlake Box
Office

Aztec Realty & Investments, LLC

Property History
Price Reduced from $850,000 to $650,000
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