Mixed-Use Commercial
1600 WYOMING Avenue El Paso, TX 79902
1600 WYOMING Avenue, El Paso, TX, 79902
$375,000
For Sale
$375,000
COMMERCIAL - El Paso, TX
Property Size3,547 SF
Lot Size0.10 Acres
Price / SF$105.72
Days on Market91
Property Features for 1600 WYOMING Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C4
- Parking features
- On Street
- Fireplace
- 1
- Standard status
- Active
- APN
- F60799905100100
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Description
- 51 FRANKLIN HEIGHTS 1 & W 1/2 OF 2 (4500 SQ FT)
Utilities
- Heating system
- Central
- Cooling system
- Multi Units, Evaporative Cooling
Building Details
- Floors in Building
- 1
- Additional Structures
- Storage
Listing agency
Moreno Real Estate Group
(915) 201-3030
Listed by
Christopher Rodriguez · License #0749558
(915) 215-0937
Added: Apr 23 Updated: Jul 11 at 4:35AM Checked: Jul 22 at 8:06PM
MLS# 942692
Copyright © 2026 Greater El Paso Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use building combines approximately 2,073 square feet of front commercial space with two studio apartments located in the same structure. Each studio apartment has its own gas meter, and the rear of the property includes a spacious workshop previously used as a sheet metal and sign shop, offering flexible space for industrial or creative uses. Materials currently in the shop will be sold separately.
The property is zoned C4 and is located at 1600 Wyoming Avenue in the Central/Franklin Heights area. Recent updates include a newly replaced roof in 2024, a metal roof installed approximately five years ago, new ductwork in Apartment A, and updated electrical throughout the property.
With commercial, residential, and workshop components under one roof, the layout supports a variety of business and leasing configurations while keeping the existing system improvements in place.
The property is zoned C4 and is located at 1600 Wyoming Avenue in the Central/Franklin Heights area. Recent updates include a newly replaced roof in 2024, a metal roof installed approximately five years ago, new ductwork in Apartment A, and updated electrical throughout the property.
With commercial, residential, and workshop components under one roof, the layout supports a variety of business and leasing configurations while keeping the existing system improvements in place.
Key Highlights
- 3,547 SF commercial building at 1600 Wyoming Ave with a mix of commercial space and residential studios
- Front portion offers about 2,073 SF of commercial space for uses such as office, church, legal practice, or professional services
- Middle section includes 2 studio apartments, each with a separate gas meter
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.1k | $13.56 |
| − Vacancy | −$2.3k | −$0.64 |
| EGI | $45.8k | $12.92 |
| − OpEx | −$13.7k | −$3.87 |
| NOI | $32.1k | $9.04 |
3,547 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Office B
$641.4K
$561.2K – $748.3K
NOI $44,899 @ 7.0% cap · market cap 11.97%
Second Best
Mixed Use
$602.0K
$526.7K – $702.3K
NOI $42,138 @ 7.0% cap · market cap 11.24%
Theoretical Best
Office A
$889.9K
$778.6K – $1.04M
NOI $62,290 @ 7.0% cap · market cap 16.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Front commercial space, two studio apartments with separate gas meters, and a rear workshop make this property adaptable for multiple uses.
Where is this mixed-use property located?
The property is located at 1600 WYOMING Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 3,547 SF commercial building at 1600 Wyoming Ave with a mix of commercial space and residential studios; Front portion offers about 2,073 SF of commercial space for uses such as office, church, legal practice, or professional services; Middle section includes 2 studio apartments, each with a separate gas meter
