Investment Opportunity Downtown!

321 & 323 S. Broadway St. McAllen, TX 78503

321 & 323 S. Broadway St., McAllen, TX, 78503
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FOR SALE
Property Type:
Street Retail
Amount:
$575,000
Last Verified:
Dec 23, 2024

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Highlights

  • Corner Lot
  • Glass store front
  • Easy access to major roadways

Description

Great Investment Opportunity! Located in the heart of busy Downtown McAllen on the corner of Broadway and Dallas Ave. This property has approximately 5,800 sf great for retail, office, or showroom. Easy access to major roadways with nearby retail, banking, and restaurants.

Head South on 10th St. to Business 83, turn right (West) on Business 83 to Broadway St. Turn South on Broadway St., property is on the East Corner of Broadway St. and Dallas Ave., next to Dr. Beardsley.


Year Built: 1966
Building Size: 5800sq ft
Lot Size: 0.11 acres


Documents

321 & 323 S. Broadway Sale Brochure 230414

Map of 321 & 323 S. Broadway St., McAllen, TX, 78503

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.