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121 W Colorado Ave 1,600 SF Retail Building Rio Hondo, TX 78583 $67,899 ($42.44/SF)
Executive Summary
Great commercial investment opportunity available in Rio Hondo near the Rio Grande area! This property was once a restaurant but has a flexible floorplan allowing for many more possibilities. This building sits directly on Colorado Avenue, the main street in Rio Hondo. Located less than 15 minutes away from Valley International airport and right in the center of Rio Hondo, this property is easy to access and has great visibility in a high-traffic area. Whether you want to open a restaurant, small boutique, or even a small office space, this property can serve as anything you may need. Contact us today for more information!
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,600 SF
Building Class
C
Year Built
1940
Price
$67,899
Price Per SF
$42.44
Tenancy
Single
Building Height
1 Story
Building FAR
0.43
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
C
Frontage
25’ on COLORADO AVE
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 550000-0090-006000 | Improvements Assessment | $77,500 |
| Land Assessment | $22,500 | Total Assessment | $100,000 |
Property Taxes
Parcel Number
550000-0090-006000
Land Assessment
$22,500
Improvements Assessment
$77,500
Total Assessment
$100,000
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Contact the Sale Advisor
121 W Colorado Ave