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605 W Main St 4,807 SF 100% Leased Retail Building Rio Grande City, TX 78582 $1,076,364 CAD ($223.92 CAD/SF)
Executive Summary
Located in the heart of downtown Rio Grande City, this commercial plaza presents a prime investment opportunity! With a versatile layout the property features seven units—six dedicated to commercial use and one 950 sq ft residential apartment. The apartment includes 2 bedrooms, 1 bath, and an attached garage. Situated directly across from Rio Bank and close to essential services, retail, and schools, this plaza offers excellent visibility and accessibility. This property is a valuable investment! Schedule your viewing appointment.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,807 SF
Building Class
C
Year Built
2006
Price
$1,076,364 CAD
Price Per SF
$223.92 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.37
Lot Size
0.30 AC
Parking
17 Spaces (3.54 Spaces per 1,000 SF Leased)
Frontage
95’ on West Main Street
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16700-01302-01300-000000 | Improvements Assessment | $259,957 CAD |
| Land Assessment | $115,740 CAD | Total Assessment | $375,698 CAD |
Property Taxes
Parcel Number
16700-01302-01300-000000
Land Assessment
$115,740 CAD
Improvements Assessment
$259,957 CAD
Total Assessment
$375,698 CAD
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605 W Main St
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