Corner Mixed-Use Property with
For Sale
$375,000
Pending
2027- 2031 Magoffin Avenue, El Paso, TX 79901
COMMERCIAL - El Paso, TX
Lot Size0.28 Acres
Days on Market591
Property Features for 2027- 2031 Magoffin Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C4
Parking features
Guest, Assigned
Fireplace
1
Subdivision
Bassett
Standard status
Pending
APN
B20299903209900
Lot size
0.28 Acres
Taxes and HOA fees
Tax Description
32 BASSETT 29 TO 32
Legal Description
32 BASSETT 29 TO 32
Utilities
Sewer type
Public Sewer
Heating system
Central, Forced Air
Cooling system
Window Unit(s), Evaporative Cooling, Central Air
Building Details
Floors in Building
1
Building materials
Stucco
Additional Structures
Guest House
Listing Agency:
1st Choice Realty
(915) 493-9793
Listed By:
Fernando Valenzuela · License #0693811
(915) 493-9793
Added: Dec 17, 2024
Changed: Jul 12
Last Checked: Jul 31 at 6:06AM
MLS# 913705
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 property at 2027–2031 Magoffin Avenue is positioned on a prominent corner parcel and zoned C4. The current setup is anchored by Sylvia's Grocery, which includes a kitchen, and is complemented by an attached residence.
In addition to the grocery component, the property includes two separate income-producing studio rental units. There is also an attached flexible-use area that can support private gatherings, entertainment, or event rentals, along with a convenient side entrance and an outdoor restroom.
Set among multifamily residences and other mixed-use developments, the site is described as benefiting from mid-level traffic flow and strong neighborhood engagement. The property is presented as an investment and redevelopment opportunity with a broad range of commercial, retail, and mixed-use possibilities under the existing C4 zoning.
In addition to the grocery component, the property includes two separate income-producing studio rental units. There is also an attached flexible-use area that can support private gatherings, entertainment, or event rentals, along with a convenient side entrance and an outdoor restroom.
Set among multifamily residences and other mixed-use developments, the site is described as benefiting from mid-level traffic flow and strong neighborhood engagement. The property is presented as an investment and redevelopment opportunity with a broad range of commercial, retail, and mixed-use possibilities under the existing C4 zoning.
Key Highlights
- Mixed‑use C4 property on a prominent corner parcel with multiple commercial, retail, and mixed‑use possibilities
- Currently anchored by Sylvia's Grocery, a local market that includes a kitchen
- Includes an attached residence plus 2 separate income‑producing studio rental units
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,021
Businesses Nearby
128k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 30%
Hotels & Casinos 14%
Electronics 7%
McDonald's
Dining
32,033 visits/mo
0.3 miles
Burger King
Dining
22,314 visits/mo
0.4 miles
Circle K
Shops & Services
18,980 visits/mo
0.3 miles
Hotel Indigo El Paso Downtown
Hotels & Casinos
14,102 visits/mo
0.3 miles
Church's Chicken
Dining
6,580 visits/mo
0.4 miles
Demographics for 79901, TX
10,027
Population
4,571
Households
2.2
Avg Household Size
40
Median Age
7%
College-Educated
46%
High-School Grad
2.2 sq mi
ZIP Area
4,558
Density / Sq Mi
$13,984
Median Household Income
$19,026
Median Earnings
$517
Median Rent
$93,100
Median Home Value
Market
Properties on Market for Mixed-use properties in El Paso
Vacancy Rate% for Retail in El Paso, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property on a corner parcel zoned C4, currently anchored by Sylvia's Grocery and supported by income units.
Where is this mixed-use property located?
The property is located at 2027- 2031 Magoffin 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: Mixed‑use C4 property on a prominent corner parcel with multiple commercial, retail, and mixed‑use possibilities; Currently anchored by Sylvia's Grocery, a local market that includes a kitchen; Includes an attached residence plus 2 separate income‑producing studio rental units
