Brownsville, TX 78521,5550 Padre Island Hwy.
Brownsville, TX 78521,5550 Padre Island Hwy.
Brownsville, TX 78521,5550 Padre Island Hwy.
20
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Listed by RE/MAX Elite Brownsville
$949,900
Est. payment /mo
3,434 SqFt
Active

5550 Padre Island Hwy. Brownsville, TX 78521

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Key Details

Property Type Multi-Family

Sub Type Other Multi Unit

Listing Status Active

Purchase Type For Sale

Square Footage 3,434 sqft

Price per Sqft $276

Subdivision El Jardin

MLS Listing ID 29768607

Lot Size 2.110 Acres

Property Sub-Type Other Multi Unit

Property Description

This commercial property features a main building with 3,434 sq. ft., currently equipped for restaurant use with a fully operational industrial kitchen and all necessary equipment. Behind the main structure, there is an additional 400 sq. ft. building that can serve as an office or storage space. The property is currently leased to a successful, well-established restaurant generating $4,500 in monthly rental income. The current lease runs through May 2027, providing a stable income stream for investors. This is an excellent investment opportunity, allowing you to acquire a performing asset with immediate cash flow and potential for future rent increases or business use upon lease expiration.

Location

State TX

County Cameron

Area 3434

Interior

Heating Central

Flooring Tile

Appliance Electric Water Heater

Exterior

Parking Features Other

Porch Patio

Garage Yes

Building

Lot Description None

Story One

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Riviera

Middle Schools Vela

High Schools Rivera

Others

Acceptable Financing Cash, Other

Listing Terms Cash, Other

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Franklin Torres

Franklin Torres

Broker Associate | License ID: 718047

+1(210) 278-6698

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5550 Padre Island Hwy.