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$1,590,000
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1601 W Business 83 Weslaco, TX 78596
16,200 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 16,200 sqft
Subdivision Westgate Center
MLS Listing ID 388943
Sold Date 12/27/23
HOA Y/N No
Year Built 2002
Annual Tax Amount $1,500
Tax Year 2021
Lot Size 0.827 Acres
Acres 0.8275
Property Sub-Type Commercial
Source Greater McAllen
Property Description
Established shopping center located near the high traffic intersection of Westgate and Business 83 in Weslaco. Property is currently 100% occupied with strong CAP RATE and occupied by a few long-term tenants. Property offers ample parking, excellent visibility and easy access. Property is located directly across from H.E.B. and near other retail/restaurants such as; Walgreens, Whataburger, Subway and Famsa. Opportunity for future increased lease rates.
Location
State TX
County Hidalgo
Interior
Heating Central
Cooling Central Air
Flooring Tile
Equipment Pole Sign
Appliance Electric Water Heater
Exterior
Garage Spaces 55.0
View Y/N No
Roof Type Flat,Metal
Total Parking Spaces 55
Garage Yes
Building
Lot Description Strip Mall
Faces Travel East on Expressway 83/I-2 towards Weslaco. Take the Westgate exit and continue North until you reach Business 83. Once at intersection of Westgate and Business 83 turn East. Property will be on the right-hand side across the street from H.E.B.
Story 1
Structure Type Block
New Construction No
Others
Tax ID W426000000000301
Read Less
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