2,790 sqft

$599,000

809 N Ware Road, McAllen, Mc Allen TX, 78501

Price per sqft$214.70

Built in1998

Property size2,790 sqft

Property typeCommercial

Overview

Active

Listed Mar 24, 2026

Updated Sep 1

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!

Additional information

MLS^® ID: 498964

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.2 Acres

Other Property Details

Taxes: $7,339
Tax Frequency: Annually
Garage: Yes

Listed by Alejandra E. Cobos with Cobos Real Estate Services LLC
Listing Contact: 956-802-1982

The IDX display contains information sourced from the Greater McAllen Association of REALTORS® as of 9/1/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 9/1/2026 at 4:08 AM UTC