About 5550 Padre Island Hwy.
This commercial property features a main building with 3,434 sq. ft., currently equipped for restaurant use with a fully operational industrial kitchen and all necessary equipment. Behind the main structure, there is an additional 400 sq. ft. building that can serve as an office or storage space. The property is currently leased to a successful, well-established restaurant generating $4,500 in monthly rental income. The current lease runs through May 2027, providing a stable income stream for investors. This is an excellent investment opportunity, allowing you to acquire a performing asset with immediate cash flow and potential for future rent increases or business use upon lease expiration.
Features of 5550 Padre Island Hwy.
| MLS® # | 29768607 |
|---|---|
| Price | $749,000 |
| Square Footage | 3,434 |
| Acres | 2.11 |
| Year Built | 201 |
| Type | Multi-Family |
| Sub-Type | Other Multi Unit |
| Status | Active |
Community Information
| Address | 5550 Padre Island Hwy. |
|---|---|
| Area | Brownsville |
| Subdivision | EL JARDIN |
| City | BROWNSVILLE |
| County | CAMERON |
| State | TX |
| Zip Code | 78521 |
Amenities
| Amenities | None |
|---|---|
| Features | None |
| Garages | Other |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Tile |
|---|---|
| Interior Features | Tile |
| Appliances | Other |
| Heating | Central |
| Fireplace | No |
| Stories | One |
| Has Basement | No |
Exterior
| Exterior | Stucco, Wood Siding |
|---|---|
| Exterior Features | Patio |
| Lot Description | None |
| Foundation | Slab |
School Information
| District | BROWNSVILLE I.S.D. |
|---|---|
| Elementary | RIVIERA |
| Middle | VELA |
| High | RIVERA |
Additional Information
| Foreclosure | No |
|---|
Listing Details
| Agent | Raul Aguilar |
|---|---|
| Office | RE/MAX Elite Brownsville |
| Contact Info | 9564962012, remaxelitemission@gmail.com |