2914 Alameda AveEl Paso, TX 79905

Property Details for 2914 Alameda Ave

Property size (Sq ft)

9,638 SF

Property type

Industrial properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7731

Longitude

-106.461

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