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Listed by THE WILLIAMS ADVANCED REALTY TEAM (THE WAR TEAM)
$ 595,000
Est. payment /mo
Active Under Contract
7272 Alameda AVE El Paso, TX 79915
40,510 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 40,510 sqft
Price per Sqft $14
Subdivision Coronado Place
MLS Listing ID 942048
Annual Tax Amount $6,829
Lot Size 0.930 Acres
Acres 0.93
Source Greater El Paso Association of REALTORS®
Property Description
Prime investment opportunity on Alameda Ave! This versatile 0.93-acre commercial property offers excellent visibility along a high-traffic corridor and multiple income streams. The front building features an office space with a reception area, additional private room, and half bathroom. Behind the office are two 1-bedroom, 1-bath apartments, providing consistent rental income. The property is well-suited for automotive or service-related businesses, featuring a paint booth, car lift, and additional equipment. The rear portion of the property includes multiple mechanic bays/spaces currently leased, creating additional revenue potential. Currently generating approximately $8,000 per month in rental income, with upside potential, this property offers a compelling opportunity for investors or owner-operators seeking a high-visibility location with established cash flow. Conveniently located in the heart of El Paso with easy access to major corridors and surrounding commercial activity.
Location
State TX
County El Paso
Community Coronado Place
Zoning C3
Interior
Heating Central
Cooling Multi Units
Fireplaces Number 9999
Fireplace Yes
Exterior
Utilities Available All City, All Utilities
Building
Story 1
Sewer Public Sewer
Water City
Level or Stories 1
Others
Tax ID 266057
Acceptable Financing See Remarks
Listing Terms See Remarks
Virtual Tour https://www.propertypanorama.com/instaview/gepar/942048
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