2027-2027 1/2 Magoffin Ave - Storefront Retail/Residential FOR SALE


El Paso, TX 79901- Downtown El Paso
$398,750 USD
915-493-9793
2027-2027 1/2 Magoffin Ave, El Paso, TX for Sale
$398,750 USD
Storefront Retail/Residential - FOR SALE
1/13
null | Request Cap Rate

2027-2027 1/2 Magoffin Ave
El Paso, TX 79901
Downtown El Paso


HIGHLIGHTS

  • Anchored by the well-established Sylvia's Grocery, a beloved local market
  • Studio Rentals
  • Single family home attached
  • mixed-use property is zoned C4

OVERVIEW

Investment and redevelopment opportunity Perfectly positioned on a prominent corner parcel this mixed-use property is zoned C4, offering an expansive range of commercial, retail, and mixed-use possibilities. Currently anchored by the well-established Sylvia's Grocery, a beloved local market complete with a kitchen, this versatile property also features an attached residence and Additionally, two separate income-producing studio rental units provide steady cash flow and stability. Surrounded by multifamily residences and other mixed-use developments, this location benefits from mid-level traffic flow and strong neighborhood engagement. Also included is an attached flexible-use area ideal for private gatherings, entertainment, or event rentals, complemented by a convenient side entrance and an outdoor restroom.

FOR SALE DETAILS

PRICE

$398,750 USD

PRICE/SF

$66 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2027- 2031 Magoffin Avenue, El Paso, TX 79901

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

C4

APN/PARCEL ID

B202-999-0320-9900

ASK ABOUT THIS PROPERTY

Fernando Valenzuela1st Choice RealtyMore Info
915-493-9793

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Fernando Valenzuela1st Choice RealtyMore Info
915-493-9793

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.