809 N Ware Road, Mcallen, TX 78501

• 2,790 sqft

Property Description

Turnkey investment opportunity in McAllen, TX with a strong 7.2% cap rate—making this a standout option for investors seeking reliable returns. Priced at $695,000, this 2,790 sq. ft. property offers a powerful mix of active & passive income streams. The established laundromat features 24 commercial washers and 28 dryers (most under warranty), plus coin changers and vending machines, generating $75,000 in annual income. You have the opportunity to generate more income from FOUR on-site rental offices, providing steady supplemental income with room to increase cash flow (currently one leased, three vacant). Well-maintained with approximately 16 parking spaces and low overhead, this property is strategically located off Ware Rd and Pecan in a high-traffic area. Not ready to purchase the real estate? You can also buy the business and lease the space—an opportunity you don’t want to miss. Let’s talk!

Listing Status:

Active

Data Last Updated:

May 21, 2026 at 5:08AM

Listing Office:

Cobos Real Estate Services LLC : 956-802-1982

Listing Agent:

Alejandra E. Cobos : 956-802-1982

MLS ID:

498964

Interior

• General: Storage
• Appliances: Water Heater (Other Location)
• Flooring: Painted/Stained
• A/C: Central Air
• Heating: Central
• Eco/Green Feature: None

Exterior

• Other Structures: Covered Patio
• Parking: BlacktopParking spaces: 18

Construction

• Roofing: Flat
• General: Brick1

Location

• Road/Access: City Street
• Originating MLS: Greater McAllen
• County: Hidalgo

Lot

• Zoning: COV347001000000700
• Current Use: Other

Financial

• Source: Greater McAllen