117 Overland Ave El Paso, TX 79901

This remarkable 1916 building, located at 117 W Overland Ave, El Paso, TX 79901, presents a unique investment opportunity. Boasting 30,000 square feet across four stories, this property offers significant potential for redevelopment. Currently zoned C-4, it's ideally situated just behind the Paso Del Norte Hotel, within walking distance of museums and restaurants. The building's interior has been completely gutted, presenting a blank canvas for a creative vision. While requiring a new roof, this substantial structure offers a compelling chance to create a thriving apartment complex, office space, or entertainment venue. The 2024 property taxes were $4,369.76. This property is eligible for city tax credits; further details can be obtained from the City of El Paso. The building's total area, including the basement, is 37,500 square feet. Its prime location and substantial size make it an exceptional investment prospect in a vibrant El Paso location. The property's APN is M473-999-0150-8100. The asking price is $799,000, translating to $26.63 per square foot.