$1,550,000 601 E Nolana Avenue Mcallen, TX

MLS: 213922   Type: Commercial   County: Hidalgo   City: Mcallen   Zip: 78501   Style: Commercial     Stories: 1   Taxes: $44,315

Mortgage $7,277 /mo



Half Baths

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601 E. Nolana is located in McAllen, TX off the northwest corner of McColl Road and Nolana Loop.  This multi-tenant office strip center measures approximately 20,070 SF and is currently leased to two tenants (Suite A-B is 4,500 SF and Suite C in 9,000 SF; Suite D's 6,570 SF is currently vacant).  The property does allow for room to be expanded for future tenants/users on the east side of Suite D, and will allow for good frontage on McColl Road.  Included in this sales price and description is an adjoining 0.44 acre lot (Lot 2) that would allow for additional building expansion (separate building) or additional parking area.  The sellers would prefer to  sell these two properties together, but will consider selling them separately.  Developing out the vacant pad site, and the remaining strip center raw land on the east side of the existing strip center could make this a real money maker for an investor that is also comfortable with construction and development.

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Price History

11/11/2017 Listed $1,775,000
2/12/2021 13% - $1,550,000

Access City Street, Paved Road
Amenities Other, Separate Electric Meters
Energy Features Other
Parking Paved
Present Use Office
Property Type Commercial
Roof Other
Status Active
Sub Type Commercial
Subdivision other
Utilities Public Water, Sewer
Water Heater Other
Zoning B2

Interior Features

Flooring Type Concrete, Other, Tile, Vinyl
HVAC Central
Retail Sq Ft 0
Unit Count 1
Warehouse Sq Ft 0

Exterior Features

Acreage 2.70999
Lot Sq Ft 118047
Number of Garage Spaces 100.00
Siding Brick
Site Features Fire Plug, Security Lighting

Property Schools

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Gallery (45 photos)

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Property vs Zip Code Avg (78501)

Price 1.55M Avg 885K

Sqr Feet 20,070 Avg 9,547

Cost / Sqr Ft $77 Avg $93

Taxes $44,315 Avg $91,064

Acres 2.71 Avg 1.29

Visits 224 Avg 48

Days on Site 1,041 Avg 243

Walkscore® 67 Avg 64

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Aztec Realty & Investments, LLC

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Location & Address

833 N. Ware Rd.
McAllen, TX