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
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 Features Other
Buildingareaunits Square Feet
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
Parking Features Blacktop, Paved
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
Livingareasource Seller Measured
Livingareaunits Square Feet
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
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
AVG $260K
$3.15M
Taxes
AVG $4,720
$134,254
Visits
AVG 134
78
Year Built
AVG 1997
1975

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