Turnkey Restaurant Space with Exhaust
2506 N PIEDRAS Street El Paso, TX 79930
2506 N PIEDRAS Street, El Paso, TX, 79930
$315,000
For Sale
$315,000
COMMERCIAL - El Paso, TX
Property Size1,052 SF
Lot Size0.08 Acres
Price / SF$299.43
Days on Market165
Property Features for 2506 N PIEDRAS Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C2
- Parking features
- Assigned
- Fireplace
- 1
- Standard status
- Active
- APN
- A52099904300100
- Size
- 1,052 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Description
- 43 ALTURA PARK N 40 FT OF 1 TO 3 & N 40 FT OF W 15 FT OF 4 (3600 SQ FT)
Building Details
- Floors in Building
- 1
Listing Agency
Cap Rate Real Estate Group
(915) 443-8859
1035 Belvidere, Ste. 290, El Paso, TX
Listed by
Cristian Anibal Olague · License #0737250
(915) 345-4379
Added: Feb 5 Updated: Jun 6 at 4:30 pm Checked: Jul 20 at 8:06 pm
MLS# 937993
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 for-sale restaurant space is presented as turnkey and measures 1,052 square feet. The property is described as exceptionally well-kept and includes a commercial exhaust hood, a key improvement for restaurant operations that can help streamline setup and permitting for a qualified operator. The configuration is suited for a neighborhood dining concept, with the space already equipped to support day-to-day foodservice needs.
Located at 2506 N Piedras Street in El Paso, the site is positioned on a major north-south artery and offers visibility for passing traffic. The listing notes proximity to Austin High School and Memorial Park. It also states the property is on the same street as the El Paso VA Medical Center, supporting convenient access for medical staff and visitors.
For tenants and buyers looking to open with less buildout risk, this turnkey restaurant opportunity in C2 zoning may be a practical fit. The included exhaust hood and the move-in-ready positioning can be particularly useful for operators who want to focus on staffing, menu planning, and customer service rather than starting from scratch. Interested parties should confirm any specific code and operational requirements with the appropriate authorities based on their intended use.
Located at 2506 N Piedras Street in El Paso, the site is positioned on a major north-south artery and offers visibility for passing traffic. The listing notes proximity to Austin High School and Memorial Park. It also states the property is on the same street as the El Paso VA Medical Center, supporting convenient access for medical staff and visitors.
For tenants and buyers looking to open with less buildout risk, this turnkey restaurant opportunity in C2 zoning may be a practical fit. The included exhaust hood and the move-in-ready positioning can be particularly useful for operators who want to focus on staffing, menu planning, and customer service rather than starting from scratch. Interested parties should confirm any specific code and operational requirements with the appropriate authorities based on their intended use.
Key Highlights
- Turnkey restaurant opportunity in Central El Paso's historic Manhattan Heights.
- Includes a high‑quality commercial exhaust hood, reducing startup costs and permitting time.
- Prime location on a major north‑south artery with outstanding visibility.
Local Financial Insights For Specialty Retail
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 | $22.7k | $21.60 |
| − Vacancy | −$1.8k | −$1.73 |
| EGI | $20.9k | $19.87 |
| − OpEx | −$5.2k | −$4.97 |
| NOI | $15.7k | $14.90 |
1,052 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$224.0K
$196.0K – $261.3K
NOI $15,679 @ 7.0% cap · market cap 4.98%
Second Best
Retail
$170.4K
$149.1K – $198.8K
NOI $11,930 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$263.9K
$230.9K – $307.9K
NOI $18,475 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
TAQUERIA LA FRITA
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Turn key restaurant - Turnkey restaurant for sale featuring a commercial exhaust hood and ready-to-operate interior in C2 zoning.
Where is this turn key restaurant located?
The property is located at 2506 N PIEDRAS Street El Paso, TX.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Turnkey restaurant opportunity in Central El Paso's historic Manhattan Heights.; Includes a high‑quality commercial exhaust hood, reducing startup costs and permitting time.; Prime location on a major north‑south artery with outstanding visibility.
