2914 Alameda Ave El Paso, TX 79905

Property Details for 2914 Alameda Ave

Property size

9,638 SF

Property type

Manufacturing properties

Property subtype

Retail space

Description

This exceptional mixed-use property at 2914 Alameda Ave, El Paso, TX 79905, presents a compelling investment opportunity. The 9,638 square foot building boasts a versatile layout, encompassing a convenience store, manufacturing space, and a storefront, all under a gross lease tenancy. The property sits on a 14,000 square foot lot and is zoned C4, offering significant flexibility for future development or expansion. The asking price is $675,000, translating to $70.04 per square foot. The building features a ceiling height of approximately 15 feet, providing ample vertical space for various uses. Its prime location at the intersection of Piedras and Alameda Ave ensures high traffic visibility and accessibility. A key feature is an existing antique hotel on the property, ripe for renovation and potential lease as office space or for alternative uses. This presents a unique chance to capitalize on both immediate income streams and long-term development potential. The property's size, zoning, and location combine to create a strong investment case in a thriving El Paso market. This is an ideal opportunity for investors seeking a multi-faceted property with significant upside.