Property summary
This exceptional 10,500-square-foot flex warehouse, located at 4600 Montana Ave, El Paso, TX 79903, presents a compelling investment opportunity. Built in 1951 and extensively renovated in 2023, this Class C industrial property boasts a desirable C-4 zoning, ideal for a variety of commercial uses. The building features a 11-foot ceiling height, one loading dock, and one dock-high door, catering to efficient material handling and storage. Inside, you'll find two restrooms and a private office, enhancing functionality and convenience. The property is offered at $890,000, representing a price per square foot of $84.76. With 100% ownership available, this presents a unique chance to acquire a well-maintained and strategically located asset. The property's prime location offers easy access to US-54, approximately 0.3 miles away. Further enhancing its value, a portion of the space (4612 Montana) is currently leased for $2,500 per month, generating immediate rental income. Additional vacant space is also available for lease, providing potential for increased revenue. 2023 property taxes were $8,990. This property is a rare combination of renovated space, excellent location, and strong income potential. Don't miss this chance to own a piece of El Paso's thriving commercial market.
Property profile
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Current use
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Furniture & Home Goods Home Decor Store
Location
Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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