809 N Ware Road, McAllen, TX 78501
sale
$695,000
|
Other
Courtesy Of Cobos Real Estate Services LLC
Turnkey investment opportunity in McAllen, TX with a strong 7.2% cap rate-making this a standout option for investors seeking reliable returns. Priced at $695,000, this 2,790 sq. ft. property offers a powerful mix of active & passive income streams. The established laundromat features 24 commercial washers and 28 dryers (most under warranty), plus coin changers and vending machines, generating $75,000 in annual income. You have the opportunity to generate more income from FOUR on-site rental offices, providing steady supplemental income with room to increase cash flow (currently one leased, three vacant). Well-maintained with approximately 16 parking spaces and low overhead, this property is strategically located off Ware Rd and Pecan in a high-traffic area. Not ready to purchase the real estate? You can also buy the business and lease the space-an opportunity you don't want to miss. Let's talk!
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Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: 21-30 Years Old
- Amenities: Patio
- Amenities: Security System
- Appliance: Water Heater (Other Location)
- Cooling System: Central Air
- Exterior Type: Brick
- Floors: 1
- Heating System: Central
- MLSID: 498964
- Parking Spaces: 18
- Roof Type: Flat
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