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809 N Ware Rd - All Valley Laundromat

2,790 SF Speciality Building Offered at £665,083 in McAllen, TX 78501

Investment Highlights

  • High traffic area, one of the busiest roads in McAllen, property is open 24 hours, recently remodeled, 18 washer and 18 dryers.
  • There is an office, storage, and 3 offices available for lease & an area for a food truck, to generate additional income.
  • Commerical washer and dryers, plenty of folding tables, laundry carts, two-coin machines, 2 vending machines, TV's, internet.

Executive Summary

Recently remodeled Laundromat in one of the busiest roads in McAllen. All washer and dryers are new. There are 18 new washer and 18 dryers. There are also several commercial washer and dryers. The property features plenty of folding tables, laundry carts, two coin machines, two vending machines, TVs, internet, office, storage and three offices available for lease to generate extra income. This property has several parking assigned spaces and an area for a food truck. The property is open 24 hours and generating more income every month.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price £665,083
Price Per SF £238
Sale Type Investment
Sale Conditions Business Value Included
Property Type Speciality
Lot Size 0.20 AC
Building Size 2,790 SF
Number of Floors 1
Year Built/Renovated 1998/2023
Parking Ratio 5.73/1,000 SF

Amenities

  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

About 809 N Ware Rd , McAllen, TX 78501

Laundromat includes new washer and dryers. There are 18 new washer and 18 dryers in addition to several commercial washer and dryers. The property features plenty of folding tables, laundry carts, two-coin machines, two vending machines. Seating area, restrooms, TVs, internet, office, storage and three offices available for lease to generate extra income. The property is open 24 hours and generating more income every month.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
V3470-01-000-0007-00
Land Assessment
£98,287
Improvements Assessment
£143,133
Total Assessment
£241,419

zoning

Zoning Code CO (Business Service)
CO (Business Service)
  • Listing ID: 32478829

  • Date on Market: 16/07/2024

  • Last Updated:

  • Address: 809 N Ware Rd, McAllen, TX 78501

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