231 E Park Avenue Pharr, TX $ 170,000
231 E Park Avenue
$ 170,000
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231 E Park Avenue

Pharr, TX, 78577
$ 170,000
Baths0.0 Sq 8,333

Monthly Estimate*

$ 1,188

231 E Park Avenue, Pharr, TX 78577 - Image 1
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231 E Park Avenue, Pharr, TX 78577 - Image 3
231 E Park Avenue, Pharr, TX 78577 - Image 4
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231 E Park Avenue, Pharr, TX 78577 - Image 8
Studio

Commercial Property for sale in Pharr, TX

for $170,000. This 8,333 square foot building was built in 1990 on a lot size of 0.124.

Welcome to a unique investment opportunity in the heart of Pharr, TX. Prime location in Pharr, with easy access to the expressway, downtown area, local businesses, restaurants etc. Two stories with 12 of rooms, including suites, offices, and dining areas. In need of extensive renovation and restoration, offering a blank canvas for your vision. Once restored, this hotel could cater to a variety of clientele, from tourists seeking a unique experience to event planners looking for an atmospheric venue. With zoning permits, the property could be repurposed into apartments, condominiums, or mixed-use commercial space, offering endless possibilities for return on investment. Acquire this property at a fraction of its potential value with the right vision and investment. Disclaimer: Renovation costs, potential revenue, and development opportunities are subject to market conditions and local regulations. Buyer to conduct their own due diligence.

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Commercial Active

Price

$ 170,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,093

Style

Commercial

Lot Size

0.124

Year Built

1990

Town/City

Pharr

County/Region

Hidalgo

MLS | Web ID

427498

Features
General
Heating No HVAC
Cooling No HVAC
Possession Closing and Funding
Roof Shingle
Appliances Water Heater (None)
Zoning CO
Garage Spaces 0
Patio/Porch Features Patio Patio Slab
Construction Materials Stucco
Year Built 1990
Property SubType Commercial
Tax Year 2023
Current Use Hotel/Motel
County Hidalgo
Property Type Commercial Sale
HOA / Comm Assn No
Energy Efficient None
Subdivision Name Lettered Blks (Pharr)
Garage Y/N No
Building Features Restrooms-Private
Status Active
Directions From N tenth St take a left onto W Trenton Rd take a right onto N Col Rowe Blvd and in 4.6miles you will take a left onto Bus US-83. Take a right onto S Birch St and another right onto E Newcombe Par
City Pharr
Lot Size Square Feet 5401.0044
Carport Spaces 0
Carport Y/N No
Street Name Park
Tax Annual Amount 5093
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Grounds Sidewalks
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Interior
Flooring Carpet Laminate Tile
Air Conditioning Y/N No
Heating Y/N No
Street Suffix Avenue
Living Area Units Square Feet
Retail SqFT 0
Warehouse SqFt 0
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Exterior
Parking Features Off Street
Lot Features Downtown
Total Parking 0
Lot Size Area 5401.0044
Building Area Total 8333
Lot Size Acres 0.124
Lot Size Units Square Feet
Covered Spaces 0
Road Frontage Type City Street
Open Parking Y/N Yes
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* Excluded Features
List By
Nydia Rodriguez

Listing Agent

Re/Max Platinum

Broker

nydiardr@gmail.com

Email

Affordability Calculator

$1,612
Per Month
74%
26%
0%
Monthly Principal & Interest
$1,188
Monthly Property Taxes
$424
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3057399 Elementary School
3057620 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2024$170,000 -2.86% Price Down
2/16/2024$175,000 Listed Price

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231 E Park Avenue, Pharr, TX, 78577 is a Commercial Property for sale at $170,000 with 8,333 sqft and a lot size of 0.124. 231 E Park Avenue is a studio with 0.0 baths and was built in 1990. The property's zip code is 78577 which is in Pharr, TX