

Listed by Cobos Real Estate Services LLC
$665,000
809 N Ware Road
Details
APN V347001000000700
Property Type Land
Sub Type Commercial, Other
Square Footage 2,790
Year Built 1998
Acreage 0.199
Zoning CO
Parking Spaces 18 spaces
Parking Per SqFt 6.45
Land | 0.199 acres
Marketing description
Turnkey investment opportunity in McAllen, TX with a strong 7.2% cap rate—making this a standout option for investors seeking reliable returns. Priced at $695,000, this 2,790 sq. ft. property offers a powerful mix of active & passive income streams. The established laundromat features 24 commercial washers and 28 dryers (most under warranty), plus coin changers and vending machines, generating $75,000 in annual income. You have the opportunity to generate more income from FOUR on-site rental offices, providing steady supplemental income with room to increase cash flow (currently one leased, three vacant). Well-maintained with approximately 16 parking spaces and low overhead, this property is strategically located off Ware Rd and Pecan in a high-traffic area. Not ready to purchase the real estate? You can also buy the business and lease the space—an opportunity you don’t want to miss. Let’s talk!
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Listed by Cobos Real Estate Services LLC
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Zoning
C-2 CommercialNeighborhood CommercialNeighborhood Commercial
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