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    119 Stanton St El Paso, TX 79901

    Sponsored
    For Sale
    $4,900,000

    9-Story, 73,224 SF Office/Retail Space

    Property size:
    73,224 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional nine-story, 73,224 square foot commercial property, located at 119 N Stanton St, El Paso, TX 79901, presents a unique investment opportunity. Built in 1925, this Class C building boasts a prime downtown location, offering unparalleled access to city and federal buildings, entertainment venues, parks, hotels, museums, and sports venues. Its convenient proximity to I-10 ensures easy highway access. Currently configured as multi-tenant, the property is ideally suited for a retailer seeking ample sales and floor space, and is essentially turnkey ready. The building's permitted C5 zoning allows for flexibility, making it adaptable for conversion or continued use as office space. The gross lease structure simplifies management. This well-maintained building offers a substantial footprint in a vibrant and growing urban core. The property consists of one building with nine stories, providing ample space for a variety of uses. The asking price is $4,900,000. This is a rare opportunity to acquire a significant commercial property in a desirable El Paso location. The property's versatility and prime location make it an attractive investment for both short-term and long-term growth. Don't miss this chance to own a piece of El Paso's thriving downtown.

    Property Features for 119 Stanton St

    General Information

    Property type
    Retail properties
    Square Feet
    73,224 SF
    Class
    C

    Building Details

    Year Built
    1925
    Buildings
    1
    Stories
    9

    HighLights

    • Nine‑story, 73,224 SF commercial building at 119 N Stanton St, El Paso, TX 79901.
    • Prime downtown location with easy I‑10 access.
    • Multi‑tenant, Class C building, turnkey ready for a retailer or office use.
    • C5 zoning allows for flexible use.
    • Gross lease structure.
    • $4,900,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tx Family & Protective ... State Government Office El Paso Solar ... Solar Energy Company Foster Care Services Social Services Organization One Touch Flooring Home Goods Store

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Food Market Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.48639120094
    Latitude
    31.759461131886

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    FAQs

    What type of property is this?
    Retail property - 9-Story, 73,224 SF Office/Retail Space
    Where is this retail property located?
    The property is located at 119 Stanton St El Paso, TX.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: Nine-story, 73,224 SF commercial building at 119 N Stanton St, El Paso, TX 79901.; Prime downtown location with easy I-10 access.; Multi-tenant, Class C building, turnkey ready for a retailer or office use.
    Request Owner's contact information
    119 Stanton St El Paso, TX 79901
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    El Paso, TX 79901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119 Stanton St El Paso, TX 79901
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