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Listed by Team Juan Uribe
$ 650,000
Est. payment | /mo
23,522 SqFt
$ 650,000
Est. payment | /mo
23,522 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 23,522 sqft
Price per Sqft $27
MLS Listing ID 945751
Lot Size 0.540 Acres
Acres 0.54
Source Greater El Paso Association of REALTORS®
Property Description
Excellent income-producing portfolio featuring three properties sold together with outstanding frontage on Alameda Ave. The property is currently occupied by three tenants/spaces generating a total gross annual income of $70,800.
Laundry Repair Shop: $1,200/month
Mechanic Shop: $1,900/month
Owner-Occupied Cabinet & Granite Shop (two spaces): $2,800/month
The owner is willing to lease back the cabinet and granite shop for one year, providing continued income for a new owner. All leases are gross leases, and annual property taxes are approximately $9,197.
A great opportunity for investors seeking stable cash flow, strong visibility, and prime frontage along a well-traveled corridor.
Laundry Repair Shop: $1,200/month
Mechanic Shop: $1,900/month
Owner-Occupied Cabinet & Granite Shop (two spaces): $2,800/month
The owner is willing to lease back the cabinet and granite shop for one year, providing continued income for a new owner. All leases are gross leases, and annual property taxes are approximately $9,197.
A great opportunity for investors seeking stable cash flow, strong visibility, and prime frontage along a well-traveled corridor.
Location
State TX
County El Paso
Zoning C1
Interior
Heating See Remarks
Cooling Other, None
Fireplaces Number 23570
Fireplace No
Exterior
Parking Features Unassigned
Utilities Available All City, All Utilities
Building
Story 1
Sewer Public Sewer
Water City
Level or Stories 1
Structure Type Metal Siding,Masonite
Others
Tax ID Y805999035E1266
Acceptable Financing Cash, Conventional, Contract
Listing Terms Cash, Conventional, Contract
Virtual Tour https://www.propertypanorama.com/instaview/gepar/945751
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