Historic Hotel Conversion
215 North Mesa Street El Paso, TX 79901
For Sale
Contact for pricing
Five-story, fee-simple historic building suited for boutique hotel conversion with lobby restaurant and rooftop bar.
Property Size35,000 SF
Days on Market39
Property Features for 215 North Mesa Street
General Information
- Standard status
- Active
- Size
- 35,000 SF
- Property subtype
- Mixed Use, Hospitality, Multifamily
Building Details
- Year Built
- 1910
Listing Agency:
Boldface Hospitality LLC
Listed By:
Zuhair Bheda · License #TX 0804187
Source:
Crexi
Added: Jun 17
Changed: Jul 23
Last Checked: Jul 25 at 2:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Boldface Hospitality LLC
Investment Insights
Based on property information with market context.
Boldface Hospitality Advisors ("BHA") is pleased to exclusively offer for sale the fee-simple interest in the Historic Banner Building ("Property"), a five-story landmark asset totaling approximately 35,000 SF. Originally completed in 1910 and designed by Trost & Trost, the building is presented as a boutique hotel conversion opportunity centered on curated guestrooms and richly designed public spaces that reflect the building’s century-old character.
The property also includes plans for a full-service lobby restaurant and bar, along with a rooftop bar and patio. Architectural features include an exposed concrete facade and prominent corner presence at Mesa and Mills Streets, directly across from San Jacinto Plaza, reinforcing the building’s visibility within downtown El Paso.
The hotel may operate as a fully independent boutique property or affiliate with a lifestyle brand under Hilton, Marriott, Hyatt, or IHG’s soft brand collections, subject to franchise approval. The offering notes available incentive programs, including Historic Tax Credits, Opportunity Zone qualification, TEA/HUA qualification for EB-5 investors, and Tax Increment Reinvestment Zone (TIRZ) designation.
The property also includes plans for a full-service lobby restaurant and bar, along with a rooftop bar and patio. Architectural features include an exposed concrete facade and prominent corner presence at Mesa and Mills Streets, directly across from San Jacinto Plaza, reinforcing the building’s visibility within downtown El Paso.
The hotel may operate as a fully independent boutique property or affiliate with a lifestyle brand under Hilton, Marriott, Hyatt, or IHG’s soft brand collections, subject to franchise approval. The offering notes available incentive programs, including Historic Tax Credits, Opportunity Zone qualification, TEA/HUA qualification for EB-5 investors, and Tax Increment Reinvestment Zone (TIRZ) designation.
Key Highlights
- Historic Banner Building: 5‑story, ±35,000 SF fee‑simple property at 215 North Mesa Street in Downtown El Paso, TX
- Completed in 1910 and designed by Trost & Trost; described as El Paso’s first reinforced concrete high‑rise
- Prominent corner location at Mesa and Mills Streets, directly across from San Jacinto Plaza
Property Analytics
Location Intelligence
Current Use by Public Records
Barrio Vintage
(Bike/Boat/Book/etc) Store
Marcos Finance
Loan Service
Vintage Heat 915
(Bike/Boat/Book/etc) Store
BST
Data Center
Flash Tax Refunds
Tax Preparation
FAQs
What type of property is this?
Hotel - Five-story, fee-simple historic building suited for boutique hotel conversion with lobby restaurant and rooftop bar.
Where is this hotel located?
The property is located at 215 North Mesa Street El Paso, TX.
What are key features of this property?
This property features: Historic Banner Building: 5‑story, ±35,000 SF fee‑simple property at 215 North Mesa Street in Downtown El Paso, TX; Completed in 1910 and designed by Trost & Trost; described as El Paso’s first reinforced concrete high‑rise; Prominent corner location at Mesa and Mills Streets, directly across from San Jacinto Plaza
