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125 N Fm 511

Los Fresnos, TX 78566
  • $1,550,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 29735153
UPDATED: 82 min ago
$1,550,000
  • 0
    BEDS
  • 2.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,604
    SQFT
  • $595
    $/SQFT
Type:
Commercial
Built:
2005
County:
Area:

School Ratings & Info

Description

This investment property includes a 2604 sqft restaurant and two additional frame buildings. One of the buildings was being utilized as a snow cone stand. There is an existing renter that will continue to lease. They are currently leasing by KIKIS Restaurant at $3500 a month with all utilities paid. The restaurant is well maintained and kept clean. Owner will consider owner financing with 20% Down at 11% interest rate which a 3 year balloon.

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© 2022 Harlingen Board of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The MBTeam. Data last updated: 2022-09-25T06:51:16.867.
www.monicabenavidesteam.com/homes/132053715
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125 N Fm 511 Los Fresnos, TX 78566

  • Price: $1,550,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 82 min ago
  • MLS #: 29735153
0
Beds
0
Baths
0
½ Baths
2.6
Acres
2,604
SQFT
$595
$/SQFT
2005
Built
Neighborhood:
Olmito Original Townsite Groves
County:
Cameron
Area:
Los Fresnos
Property Description
This investment property includes a 2604 sqft restaurant and two additional frame buildings. One of the buildings was being utilized as a snow cone stand. There is an existing renter that will continue to lease. They are currently leasing by KIKIS Restaurant at $3500 a month with all utilities paid. The restaurant is well maintained and kept clean. Owner will consider owner financing with 20% Down at 11% interest rate which a 3 year balloon.
Exterior Features

Access Interstate HighwayState HighwayPaved Road Exterior Siding Brick Grounds Other-See Remarks Location Free Standing Parking Paved Roof Shingle Stories One

Interior Features

Energy Features Other-See Remarks Flooring Tile Heating System CentralElectric Site Features Restrooms-Private Water Heater Electric

Property Features

Amenities Pole Sign Commercial Type Commercial Present Use Restaurant Proposed Financing CashConventionalOwner Will Carry Utilities 220VAC

Listing provided courtesy of Bertha De La Rosa of Keller Williams Lrgv: 9564238877. © 2022 Harlingen Board of Realtors Multiple Listing Service.
© 2022 Harlingen Board of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The MBTeam. Data last updated: 2022-09-25T06:51:16.867.
 
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