About 231 E Park Avenue
This property in the heart of Pharr, TX, presents a remarkable investment opportunity with its prime location near the expressway, downtown, and local amenities. The two-story building includes 12 rooms—featuring suites, offices, and dining areas—offering a versatile layout. While the structure requires significant renovation, it serves as a blank canvas for a wide range of possibilities. With the right vision and restoration, the property could be transformed to attract various clientele—tourists, event planners, or tenants—or repurposed into apartments, condominiums, or mixed-use commercial space, subject to zoning approval. Offered at a price well below its potential value, it provides excellent potential for strong returns on investment. Buyers are encouraged to perform their due diligence with the City of Pharr regarding zoning and current regulations.
Features of 231 E Park Avenue
| MLS® # | 481110 |
|---|---|
| Price | $190,000 |
| Square Footage | 8,333 |
| Acres | 0.12 |
| Year Built | 1990 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
| Office Square Footage | 8,333 |
| Warehouse Square Footage | 8,333 |
| Retail Square Footage | 8,333 |
| Other Square Footage | 6,925 |
Community Information
| Address | 231 E Park Avenue |
|---|---|
| Subdivision | Lettered Blks (Pharr) |
| City | Pharr |
| County | Hidalgo |
| State | TX |
| Zip Code | 78577 |
Amenities
| Features | None |
|---|---|
| Parking Spaces | 6 |
| Parking | Paved |
Interior
| Appliances | Water Heater (None) |
|---|---|
| Heating | No HVAC |
| Cooling | No HVAC |
Exterior
| Exterior Features | None, Other |
|---|---|
| Lot Description | Downtown, See Remarks |
| Roof | Composition Shingle |
| Construction | Brick, Block, Frame/Wood, None, Wood Siding |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| Present Use | None |
| Site Features | None |
| Presently Leased | No |
| Annual Tax | $5,093 |
| HOA Association | No |
Listing Details
| Agent | Maggie Harris |
|---|---|
| Office | Keller Williams Realty RGV |
| Contact Info | 956-821-9990 |
