For Sale
$675,000

2914 Alameda AveEl Paso, TX 79905

El Paso, TX: Warehouse, Store, Hotel Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional mixed-use property at 2914 Alameda Ave, El Paso, TX 79905, presents a compelling investment opportunity. The 9,638 square foot building boasts a versatile layout, encompassing a convenience store, manufacturing space, and a storefront, all under a gross lease tenancy. The property sits on a 14,000 square foot lot and is zoned C4, offering significant flexibility for future development or expansion. The asking price is $675,000, translating to $70.04 per square foot. The building features a ceiling height of approximately 15 feet, providing ample vertical space for various uses. Its prime location at the intersection of Piedras and Alameda Ave ensures high traffic visibility and accessibility. A key feature is an existing antique hotel on the property, ripe for renovation and potential lease as office space or for alternative uses. This presents a unique chance to capitalize on both immediate income streams and long-term development potential. The property's size, zoning, and location combine to create a strong investment case in a thriving El Paso market. This is an ideal opportunity for investors seeking a multi-faceted property with significant upside.

Highlights

  • High-traffic location with excellent visibility.
  • Spacious layout ideal for various business types.
  • Competitive market price offering strong ROI potential.

Property Details for 2914 Alameda Ave

Property type
Retail properties, Mixed-use properties
Square Feet
9,638 SF

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.7731095
Longitude
-106.4606981
2914 Alameda Ave, El Paso, Texas

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2914 Alameda Ave
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