$1,005,000

709 E Business 83, Weslaco, TX 78596

  • 18,912 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1985
  • Property Lot Size Icon3.39acre lot
  • Property Parking Icon 50 car garage
  • Property Price Per Square Feet Icon $53/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Presenting a prime investment opportunity in the thriving area of Weslaco, Texas, this expansive hotel/motel complex is strategically situated across three addresses: 709, 711, and 713 E Business Highway 83. Nestled on over three acres, this versatile property boasts 40 well-appointed hotel rooms complemented by ten apartment complexes. Its strategic positioning off the expressway ensures easy access and high visibility, making it an ideal candidate for redevelopment or new ventures. A significant feature of this property is the expansive vacant land, equipped with ten water and ten electric connections, offering substantial frontage that beckons development. This is an unparalleled opportunity for developers or investors interested in remodeling and maximizing the property's full potential. Priced to sell, this commercial gem offers a canvas for visionary investors to create a landmark destination in a burgeoning area.

Listing Status:
Active
Listing Office:
WINNERS CIRCLE : 956-949-9337
Listing Agent:
Avinaash Nash Buxani : 956-949-9337
MLS ID:
476200
  • Appliances: Electric Water HeaterWater Heater (Other Location)
  • Flooring: CarpetHardwood
  • A/C: Window Unit(s)
  • Eco/Green Feature: None
  • General: Mature TreesOtherWorkshopStorage
  • Parking: Blacktop
  • Roofing: Composition ShingleFlat
  • General: BrickWood Siding2
  • Road/Access: City Street
  • Originating MLS: Greater McAllen
  • County: Hidalgo
  • Zoning: 326438
  • Current Use: Hotel/Motel
  • Source: Greater McAllen

This listing courtesy of Avinaash Nash Buxani, WINNERS CIRCLE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

H

Horton Disciplinary Alternative Education Program

104 Garza Ave, Weslaco, TX, 78596

Grades 4-12

0.48 miles away

C

Central Middle School

506 E 6th St, Weslaco, TX, 78596

Grades 6-8

0.35 miles away

W

Weslaco 21st Century Cte Early College High School

700 S Bridge Ave, Weslaco, TX, 78596

Grades 9-12

0.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing