Listing Courtesy of: Javier Garza Jr. - Encore Fine Properties 956-821-6170
$1,500,000 affordable loan icon Calculate Payment

409 E Mahl Street Edinburg, TX 78539

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General Commercial Residence
Beds
Baths
8,604 Sq. Ft.
0.49 Acre Lot

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Last updated on 5/7/2024 7:41 PM
"Too good of an area to be vacant" You are not just buying the property, you area also buying the RELIABILITY. A huge factor. YOUR MONEY STREAM AWAITS. FULLY LEASED 10 Unit commercial plaza downtown edinburg with PARKING LOT, 29 private parking spots. Walking distance to the new hidalgo county court...house. Income producing property. Beautiful stucco building with pole sign, lights, roof signs, in an incredible location. Units range from 615 sqft and 1,200 sqft. Monthly rental income of $10,050 as Dec 2023, with an annual income of $117,300 and an NOI of $105,089.20. Minimal maintenance. Rents have room for increase, tenants have been consistent for years. This is a reliable income generating investment that will only continue to grow in equity and income. Especially being located in the heart of the fastest growing city in the McAllen-Edinburg-Mission metropolitan area: the fastest growing metropolitan area in Texas! You won't find a better long term commercial investment. Continue reading
MLS#
423363
Property Type
General Commercial
Year Built
2008
Square Feet
8,604 sq. ft
Price per Sq. Ft.
$174.34
Lot Size
0.49

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Listing Courtesy of: Javier Garza Jr. - Encore Fine Properties 956-821-6170

Andrea D. Conner, License 521381, Xome Inc., License 9002330, AndreaD.Conner@xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

Based on information from the McAllen Association of REALTORS® (alternatively, from GMAR) as of 5/7/2024. GMAR does not guarantee or is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by the GMAR MLS may not reflect all real estate activity in the market.

This content last refreshed on 5/7/2024 7:41 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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