2027- 2031 Magoffin Avenue, El Paso, TX 79901
- $375,000
- List Price
- $375,000
- Status
- PENDING
- Days on Market
- 234
- Price Change
- ▼ $23,750 1767166773
- MLS#
- 913705
- Subtype
- Commercial Sale
- Acres
- 0.28
- Subdivision
- Bassett
Property Description
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.
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Additional Information
- Financing
- Cash, Conventional
- Heating
- Forced Air, See Remarks, Central
- Stories
- 1
- Parking Features
- Unassigned, Guest
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Listing courtesy of Listing Agent: Fernando Valenzuela () from Listing Office: 1st Choice Realty.