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About This Home
This 0-bedroom, 0-bathroom commercial at 2027- 2031 Magoffin Avenue in El Paso, TX is listed for $375,000. on a 0.28 acres lot.
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 feat
ures 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.
Key Features
- 0.28 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$2,006/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2027- 2031 Magoffin Avenue
El Paso, TX 79901
Bassett
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2027- 2031 Magoffin Avenue is listed at $375,000. The estimated monthly payment is $1,625 based on 20% down at 6.5% interest.
Key features include: 0.28 acre lot, Fireplace.
This property is listed by Fernando Valenzuela and can be reached at 9154939793 or fernando@1stchoicerealtytx.com.