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Listed by Daniel Galvan • Coldwell Banker Commercial Rio Grande Valley
$ 5,500,000
Est. payment /mo
New
715 FRONTAGE RD. Brownsville, TX 78520
38,646 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 38,646 sqft
Price per Sqft $142
Subdivision Rama
MLS Listing ID 29765184
Year Built 1974
Lot Size 2.180 Acres
Property Sub-Type Commercial
Property Description
Introducing an exceptional investment opportunity in the heart of Brownsville, TX. This meticulously maintained 38,646 SF property, built in 1974 and thoughtfully renovated in 2024, presents a compelling value-add proposition for hospitality and full-service investors. With 40 out of the 80 units already remodeled, this property offers the potential for immediate value enhancement and an attractive path to increased profitability. Additionally, the on-site restaurant is leased out and generates $6,000 a month in rental income, providing a steady revenue stream. Boasting contemporary amenities and a prime location, this property is primed for a successful venture in the thriving Brownsville area. Its well-appointed layout and recent renovations provide the ideal foundation for a savvy investor seeking to establish a prominent presence in the dynamic hospitality and full-service market, offering the potential for a lucrative and enduring investment.
Location
State TX
County Cameron
Interior
Heating Central
Flooring Other
Exterior
Exterior Feature Stucco
Parking Features Paved
Building
Story Two
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional