2027- 2031 Magoffin Avenue, El Paso, TX 79901
sale
$375,000
|
Other
Courtesy Of 1st Choice Realty
Investment and redevelopment opportunity Perfectly positioned on a prominent corner parcel this mixed-use property is zoned C4, offering an expansive range of commercial, retail, and mixed-use possibilities. Currently anchored by the well-established Sylvia's Grocery, a beloved local market complete with a kitchen, this versatile property also features an attached residence and Additionally, two separate income-producing studio rental units provide steady cash flow and stability. Surrounded by multifamily residences and other mixed-use developments, this location benefits from mid-level traffic flow and strong neighborhood engagement. Also included is an attached flexible-use area ideal for private gatherings, entertainment, or event rentals, complemented by a convenient side entrance and an outdoor restroom.
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Property Features
- Cooling System: Evaporative Cooling
- Cooling System: Window Unit(s)
- Cooling System: Central Air
- Exterior Type: Stucco
- Fireplace: Fireplace
- Floors: 1
- Heating System: Forced Air
- Heating System: Central
- Legal Description: 32 BASSETT 29 TO 32
- MLSID: 913705
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