Pharr, TX 78577,231 E Park AVE
Pharr, TX 78577,231 E Park AVE
Pharr, TX 78577,231 E Park AVE
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Listed by Keller Williams Realty RGV
$190,000
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8,333 SqFt
Active

231 E Park AVE Pharr, TX 78577

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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,333 sqft

Subdivision Lettered Blks (Pharr)

MLS Listing ID 481110

HOA Y/N No

Year Built 1990

Annual Tax Amount $5,093

Tax Year 2023

Lot Size 5,401 Sqft

Acres 0.124

Property Sub-Type Commercial

Source Greater McAllen

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

Appliance Water Heater (None)

Exterior

Exterior Feature None, Other

Garage Spaces 6.0

View Y/N No

Roof Type Composition Shingle

Total Parking Spaces 6

Garage Yes

Building

Lot Description Downtown, See Remarks

Faces To reach 231 E Park Ave in Pharr, TX, from McAllen or Mission, take US-83 E/I-2 E, exit at S Cage Blvd, then turn right onto E Park Ave. From Edinburg, head south on I-69C/US-281 S, exit at Business 83/W Expy 83, merge onto S Cage Blvd, then turn left onto E Park Ave.

Story 2

Structure Type Brick,Block,Frame/Wood,None,Wood Siding

New Construction No

Others

Tax ID L42500000A001700


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Franklin Torres

Franklin Torres

Broker Associate | License ID: 718047

+1(210) 278-6698

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231 E Park AVE