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Listed by Coastal Realty
$ 775,000
Est. payment | /mo
3,200 SqFt
$ 775,000
Est. payment | /mo
3,200 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $242
Subdivision East Brownsville Addition
MLS Listing ID 29753448
Year Built 2019
Lot Size 6,969 Sqft
Property Sub-Type Commercial
Property Description
Huge Value-Add Potential! - This 3,200 SF shopping center at a high-traffic Brownsville corridor offers immediate income, defined upside, and a price that is hard to ignore. The 3-unit building has an existing tenant in place from day one, with two vacant shell units ready for finish-out—giving a value-add investor a clear, defined path to an 8%+ cap rate on total invested capital. Brownsville's continued growth—driven by cross-border trade, SpaceX activity at nearby Boca Chica, and steady RGV population growth—makes this a strong long-term hold. Whether you're an investor looking to stabilize and cash flow, or an owner-user looking to occupy one unit while leasing the others, the upside here is undeniable and the price is even more compelling.
Location
State TX
County Cameron
Area 3200
Interior
Heating Electric
Flooring Concrete, Tile
Appliance Electric Water Heater
Exterior
Parking Features See Remarks
Garage Spaces 16.0
Utilities Available Water Connected, Sewer Connected
Roof Type Flat
Garage Yes
Building
Lot Description Strip Center, Landscaped
Story One
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://tour.usamls.net/2305-Southmost-Rd-Brownsville-TX-78520/unbranded