About 711 E Business 83
Presenting a prime investment opportunity in the thriving area of Weslaco, Texas, this expansive hotel/motel complex is strategically situated across three addresses: 709, 711, and 713 E Business Highway 83. Nestled on over three acres, this versatile property boasts 40 well-appointed hotel rooms complemented by ten apartment complexes. Its strategic positioning off the expressway ensures easy access and high visibility, making it an ideal candidate for redevelopment or new ventures. A significant feature of this property is the expansive vacant land, equipped with ten water and ten electric connections, offering substantial frontage that beckons development. This is an unparalleled opportunity for developers or investors interested in remodeling and maximizing the property's full potential. Priced to sell, this commercial gem offers a canvas for visionary investors to create a landmark destination in a burgeoning area.
Features of 711 E Business 83
| MLS® # | 476207 |
|---|---|
| Price | $1,050,000 |
| Square Footage | 18,912 |
| Acres | 2.21 |
| Year Built | 1985 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
| Retail Square Footage | 18,912 |
Community Information
| Address | 711 E Business 83 |
|---|---|
| Subdivision | West Tract |
| City | Weslaco |
| County | Hidalgo |
| State | TX |
| Zip Code | 78596 |
Amenities
| Features | Restrooms-Private |
|---|---|
| Parking Spaces | 50 |
| Parking | Blacktop |
Interior
| Appliances | Electric Water Heater, Water Heater (Other Location) |
|---|---|
| Cooling | Window Unit(s) |
Exterior
| Exterior Features | Mature Trees, Other, Workshop |
|---|---|
| Lot Description | See Remarks |
| Roof | Composition Shingle, Flat |
| Construction | Brick, Wood Siding |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| Present Use | Hotel/Motel |
| Site Features | Restrooms-Private |
| Presently Leased | No |
| Annual Tax | $25,541 |
| HOA Association | No |
Listing Details
| Agent | Avinaash Nash Buxani |
|---|---|
| Office | WINNERS CIRCLE |
| Contact Info | 956-949-9337 |