$398,750

2027- 2031 Magoffin Avenue, El Paso, TX 79901

Commercial Property
Built in ——
0.28acre lot
—— car garage
$——/sqft
Listed 10 months ago

Property Description

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.

Listing Status:: Active
Date Added:: December 17, 2024 at 06:00AM
Listing Office:: 1st Choice Realty : 915-493-9793
Listing Agent:: Fernando Valenzuela : 915-493-9793
MLS ID:: 913705

A/C: Central AirRefrigeratedEvaporative CoolingWindow Unit(s)
Heating: See RemarksCentralForced Air
Fireplace: FireplaceFireplaces: 12000

Parking: GuestUnassigned

General: Stucco

Originating MLS: Greater El Paso Association of REALTORS®
County: El Paso

Zoning: C432 BASSETT 29 TO 32B20299903209900

Utilities: All City
Water: City
Sewer: Public Sewer

Source: Greater El Paso Association of REALTORS®

This listing courtesy of Fernando Valenzuela, 1st Choice Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Douglass Elementary School

101 S Eucalyptus St, El Paso, TX, 79905

Grades EE-5

0.20 miles away

Armendariz Middle School

2231 Arizona Ave, El Paso, TX, 79930

Grades 6-8

0.85 miles away

Bowie High School

801 S San Marcial St, El Paso, TX, 79905

Grades 9-12

0.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.