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Marlen's Gallery 405 E 2nd St 17,323 SF Retail Building Rio Grande City, TX 78582 $1,192,482 CAD ($68.84 CAD/SF)
INVESTMENT HIGHLIGHTS
- Heavy day time traffic
- Easy access to major roads and highways
- Close to amenities
- Brand Visibility
EXECUTIVE SUMMARY
Prime Commercial Investment Opportunity-17,323 sq ft Building with an onsite residential 3 bedroom and 1 bathroom unit for sale in the heart of Rio Grande City. Unlock the full potential of your business or investment portfolio with this exceptional 17,323 square foot commercial building strategically located in a high visibility, high traffic area in downtown Rio Grande City, TX. This versatile property offers the space, structure, and location to meet your goals. The commercial section features expansive open areas, restrooms, and loading access- ideal for retail, medical, warehouse, office, or service-based businesses. Sale of property includes Lot 13 and 3 lots behind the building are also available for sale. Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer and/or buyer's agent. Buyers are responsible for conducting their own due diligence regarding zoning, square footage, building use, condition, and any other relevant details.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$13,833
|
$0.80
|
| Operating Expenses |
$12,451
|
$0.72
|
| Total Expenses |
$26,283
|
$1.52
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $13,833 |
| Annual Per SF | $0.80 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $12,451 |
| Annual Per SF | $0.72 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $26,283 |
| Annual Per SF | $1.52 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
17,323 SF
Building Class
C
Year Built
1937
Price
$1,192,482 CAD
Price Per SF
$68.84 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.80
Lot Size
0.50 AC
Zoning
C-3 - Commercial
AMENITIES
- Security System
- Signage
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $758,780 CAD (2024) | |
| Land Assessment | $176,121 CAD (2024) | Annual Taxes | $13,833 CAD ($0.80 CAD/SF) |
| Improvements Assessment | $582,659 CAD (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$176,121 CAD (2024)
Improvements Assessment
$582,659 CAD (2024)
Total Assessment
$758,780 CAD (2024)
Annual Taxes
$13,833 CAD ($0.80 CAD/SF)
Tax Year
2025
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Marlen's Gallery | 405 E 2nd St
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