For Sale
$799,000

117 Overland AveEl Paso, TX 79901

Prime El Paso investment opportunity. 30,000 sq ft, 4-story building.

Overview

Added:
Dec 11, 2024
Days on market:
117
This remarkable 1916 building, located at 117 W Overland Ave, El Paso, TX 79901, presents a unique investment opportunity. Boasting 30,000 square feet across four stories, this property offers significant potential for redevelopment. Currently zoned C-4, it's ideally situated just behind the Paso Del Norte Hotel, within walking distance of museums and restaurants. The building's interior has been completely gutted, presenting a blank canvas for a creative vision. While requiring a new roof, this substantial structure offers a compelling chance to create a thriving apartment complex, office space, or entertainment venue. The 2024 property taxes were $4,369.76. This property is eligible for city tax credits; further details can be obtained from the City of El Paso. The building's total area, including the basement, is 37,500 square feet. Its prime location and substantial size make it an exceptional investment prospect in a vibrant El Paso location. The property's APN is M473-999-0150-8100. The asking price is $799,000, translating to $26.63 per square foot.

Highlights

  • $799,000 asking price for a 30,000 square foot multifamily, office, and retail building.
  • Located at 117 W Overland Ave, El Paso, TX 79901.
  • Features 4 stories, built in 1916, with C-4 zoning.
  • Offers a price per square foot of $26.63.
  • Broker co-op is available.

Property Details for 117 Overland Ave

Property type
Retail properties, Office properties
Square Feet
30,000 SF
Year Built
1916
Stories
4

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.7566949766
Longitude
-106.48980025619
117 Overland Ave, El Paso, Texas

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117 Overland Ave
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