Attention investors, do not miss out on this opportunity! A Commercial property with great visibility, on a main route and close to Rio Grande University and Community College. This property consists of a retail store, hair & tanning salon and 4 apartments.

Income producing features include:
Boutique/Hair & Tanning Salon
– Long term tenant
– Rents for $900/month

Apartment 1
– Small studio style
– Currently occupied
– Rents for $450/month

Apartment 2
– 1 bedroom,1 bath
– Front covered porch
– Rents for $650/month

Apartment 3
– 3 bedroom, 1.5 bath
– Large 2 car garage
– Covered patio in the rear
– 2 stories
– Rents for $850/month

Apartment 4
– Long term tenant
– 2 bed, 1 bath
– Carport
– Rents for $450/month
– Attached garage used as storage for Landlord

Additional features include:
– Great location and visibility
– Plenty of off road parking for patrons and tenants
– Additional land with road frontage included to expand opportunities.
– Approximately 300′ of road frontage on state highway
– Public sewer and water supply
– Additional building for storage
– Close to Rio Grande College

With the income potential this will make an excellent investment that would easily pay for itself. This is a great opportunity to add some income to your investment portfolio. Call today with any questions or to schedule a time to view the property. Tenants rights apply. Please do not approach tenants. Current annual taxes are approximately $2302.

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View Larger Map and Get Directions This listing last updated July 30, 2018 Information here is deemed reliable but not guaranteed.