231 E Park AVE Active Save Request In-Person Tour Request Virtual Tour
Pharr,TX 78577
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,333 sqft
Price per Sqft $22
Subdivision Lettered Blks (Pharr)
MLS Listing ID 481110
Year Built 1990
Annual Tax Amount $5,093
Tax Year 2023
Lot Size 5,401 Sqft
Property Sub-Type Commercial
Property Description
This property in the heart of Pharr, TX, presents a remarkable investment opportunity with its prime location near the expressway, downtown, and local amenities. The two-story building includes 12 rooms—featuring suites, offices, and dining areas—offering a versatile layout. While the structure requires significant renovation, it serves as a blank canvas for a wide range of possibilities.
With the right vision and restoration, the property could be transformed to attract various clientele—tourists, event planners, or tenants—or repurposed into apartments, condominiums, or mixed-use commercial space, subject to zoning approval. Offered at a price well below its potential value, it provides excellent potential for strong returns on investment.
Buyers are encouraged to perform their due diligence with the City of Pharr regarding zoning and current regulations.
Location
State TX
County Hidalgo
Interior
Heating No HVAC
Cooling No HVAC
Flooring Concrete,None,Other
Exterior
Exterior Feature None,Other
Garage Spaces 6.0
View Y/N No
Roof Type Composition Shingle
Building
Lot Description Downtown,See Remarks
Story 2
Structure Type Brick,Block,Frame/Wood,None,Wood Siding
New Construction No