119 Stanton StEl Paso, TX 79901

Property Details for 119 Stanton St

Year built

1925

Lot size

0.24 AC

Property size (Sq ft)

7,044 SF

Zone code

C-5

Property type

Other commercial real estate

APN

M473-999-0120-2300

APU

M47399901202300

Description

This exceptional nine-story, 73,224 square foot commercial property, located at 119 N Stanton St, El Paso, TX 79901, presents a unique investment opportunity. Built in 1925, this Class C building boasts a prime downtown location, offering unparalleled access to city and federal buildings, entertainment venues, parks, hotels, museums, and sports venues. Its convenient proximity to I-10 ensures easy highway access. Currently configured as multi-tenant, the property is ideally suited for a retailer seeking ample sales and floor space, and is essentially turnkey ready. The building's permitted C5 zoning allows for flexibility, making it adaptable for conversion or continued use as office space. The gross lease structure simplifies management. This well-maintained building offers a substantial footprint in a vibrant and growing urban core. The property consists of one building with nine stories, providing ample space for a variety of uses. The asking price is $4,900,000. This is a rare opportunity to acquire a significant commercial property in a desirable El Paso location. The property's versatility and prime location make it an attractive investment for both short-term and long-term growth. Don't miss this chance to own a piece of El Paso's thriving downtown.

• Alternative Use

  Use

  Valuation

  Residential

  $798,882

  Hospitality

  $731,771

  Educational

  $608,825

  Medical

  $629,764

  Retail

  $947,061

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.759

Longitude

-106.486

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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