Address
505 W US Highway Business 83 Highway Weslaco, TX
Price
$ 3,150,000
Property Attributes
- MLS#345625
- TypePending
- CountyHIDALGO
- CityWeslaco
- AreaWeslaco
- NeighborhoodWest Tract
- Zip78596
- StyleCommercial
- Year Built1975
- Taxes$ 134254
- Price$ 3,150,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage88300
- Lot Size4.22 Acres
Listing Provided Courtesy Of:
Aztec Realty & Investments, Llc
Data Source:
Greater McAllen Association of Realtors (GMAOR) - 118 - TX
Property Description
Max Shopping Center is a four tenant 88,300 SF shopping center in Weslaco, TX that is anchored by Max Fine Furniture (70,000 SF), a Weslaco based furniture retailier. The center's additional tenants include national brands and "essential businesses" that include Dollar Tree (8,840 SF), Firestone Autocare (6,500 SF), and OneMain Financial (2,960 SF). The center sits on approximately 4.22 Acres of land at the southwestcorner of US Business Highway 83 and S. Oklahoma, and was originally built as an H.E.B. grocery store. After a 2005 remodel and add on to the original H.E.B. space, the center has been home to Max Fine Furniture (Max) as the center's anchor tenant.Ideally, Max would prefer to enter a Sale-Leaseback scenario that would allow the furniture retailer to remain in place on a long term basis. Max can downsize their retail space to a +/-55,000 SF space, which would allow for an additional 15,000 SF lease space for another tenant.
| Price History | |
|---|---|
| 10/28/2020 | Listed $4,000,000 |
| 2/24/2021 | 22% - $3,150,000 |
General Features
| Accessibility | ADA Accessible |
|---|---|
| Appliances | Water Heater (Other) |
| Association Y/N | No |
| Building Area Units | Square Feet |
| Building Features | Other |
| Carport Y/N | No |
| City | Weslaco |
| Construction Materials | Concrete, Other, Masonite |
| Cooling | Central Air |
| County | Hidalgo |
| Current Use | Automotive, Other, Retail |
| Directions | Located in Weslaco at the southwest corner of US Business 83 and S. Oklahoma. |
| Energy Efficient | Other |
| Flooring | Other |
| Garage Y/N | No |
| Grounds | Landscaped, Other |
| Possession | Closing and Funding |
| Property SubType | Commercial |
| Property Type | Commercial Sale |
| Roof | Other |
| Standard Status | Pending |
| Status | Pending |
| Street Name | US Highway Business 83 |
| Subdivision Name | West Tract |
| Tax Annual Amount | 134254 |
| Tax Year | 2020 |
| Year Built | 1975 |
| Zoning | C |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Living Area | 88300 |
| Living Area Units | Square Feet |
| Livingareasource | Seller Measured |
| Retail SqFT | 88300 |
| Street Suffix | Highway |
| Total Stories | 1 |
| Window Features | Display Window(s) |
Exterior Features
| Building Area Total | 88300 |
|---|---|
| Lot Features | Strip Mall |
| Lot Size Acres | 4.22 |
| Lot Size Area | 183823 |
| Lot Size Square Feet | 183823 |
| Lot Size Units | Square Feet |
| Parking Features | Blacktop, Paved |
| Road Frontage Type | City Street, Highway |
| Road Surface Type | Paved Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 78596
Price
Taxes
Visits
Year Built
Walkscore
The Greater McAllen Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Information provided Courtesy of San Antonio Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed. Provided courtesy of the San Antonio Board of Realtors. Copyright 2021 San Antonio Board of Realtors, All Rights Reserved. Data last updated July 28, 2021 8:50 PM UTC
Information is provided in part by the IDX program of the Harlingen Association of REALTORS® MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information provided by South Padre Island Board of REALTORS MLS. Information is deemed to be reliable but is not guaranteed. Please remember to thoroughly research service providers.
