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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

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