Arroyo City and Rio Hondo, Texas is Paradise for Families, Fishermen, Birdwatchers, Winter Texans and Others Who Enjoy the Serenity of Nature
GREAT OPPORTUNITY TO OWN INVESTMENT PROPERTY IN A GROWING AREA.
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200 E. COLORADO AVE
RIO HONDO, TX 78583
- Price: $299,000
- Year built: 1970
This property is home to the popular and only Broken Well Liquor Store. The main store is 2000 sq ft. Furnishing will convey only. The parking lot is 50' X 100' making 10 parking spaces for the liquor store and 14 more for the rental units behind the main store. Both parking lots are handicap accessible. The second building is 24' X 90' and currently rented to a Real Estate Company and a Barber Shop. Each unit has it's own private bathroom. There is a third potential rental space with some renovation. Presently there is $1,170.00 per month generated with the two units. Our area is growing. Adjacent to this property is currently being developed for Phase 1, 64 unit Regular housing apartment complex and phase two with 64 more units. Our community boast a new Middle School and a large High School. We are the front door to fishing, birding and close to many attractions. Come take a look at our community.
Contact:
Peggy Lashbrook
Contact Information
Peggy Lashbrook, BrokerRio Hondo Realty L.L.C
200 E Colorado Ave Ste C
Rio Hondo, Texas 78583
Phone: 956-245-3498Rio Hondo, Texas 78583
Cell: 956-245-3498
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Equal Housing Opportunity. This material is based on information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and should not be relied on as such. This offering is subject to errors, omissions, change of price or withdrawal without notice.