103 Maxan, Port Isabel
4 Retail Spaces 
∙ 10 Storage Spaces

Location, Location, Location!

This property is located in the heart of Port Isabel's historical district. Features 14 units available for rentals consisting of 10 storage rooms and 4 office/retail spaces. The Exterior of the building was recently painted and the front light fixtures were replaced.  Three blocks from Port Isabel Lighthouse District and across the Street from First National Bank.


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LEGAL DESCRIPTION:

W 1/2 all Lot 10, all Lot 10A, 11, 11A, & 12 Blk 20, Port Isabel Original Townsite

LOCATION:

103 Maxan, Port Isabel, Texas

ZONING:

Commercial

LOT SIZE: 1977
BUILDING SIZE: 9,944 Sq. Ft.

TAX INFORMATION:

     TAX ID#: 47-0000-0200-0093-00
     TAX RATE : $2.32 Per $100.00 of Assessed Value

TAXES :

$5,238.00

INSURANCE:

$4,789.00

WATER USAGE:

$31.00/Monthly

ELECTRICITY:

Each unit pays for their own electricity
GROSS RENTAL INCOME: $5,100.00/Month
CURRENT RENTAL INCOME: $2,416/Month (2 offices/3 storage spaces)

TERMS:

Cash or New Loan

SHOWING INSTRUCTIONS:

Call Robert (956) 778-4838 for Appointment

LIST PRICE:

$750,000.00

LISTING AGENT:

Robert Ortega (956) 778-4838

Photo Gallery

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Space Photos

Area Map


 

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Although this information is believed to be accurate, it cannot be guaranteed. Price and  terms subject to change without notice.
Principle Broker: Troy Giles
License Number: 0482551