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2027- 2031 Magoffin Avenue, El Paso, TX 79901 2027-2027 1/2 Magoffin Ave

6,015 SF 100% Leased Retail Building El Paso, TX 79901 $415,500 ($69/SF)

Investment Highlights

  • Anchored by the well-established Sylvia's Grocery, a beloved local market
  • Single family home attached
  • Studio Rentals
  • mixed-use property is zoned C4

Executive Summary

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.

Property Facts

Sale Type
Investment
Sale Conditions
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,015 SF
Building Class
C
Year Built
1920
Price
$415,500
Price Per SF
$69
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.50
Lot Size
0.28 AC
Zoning
C4 - mixed-use property is zoned C4
Frontage
48 FT on Magoffin Ave
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

The YMCA
La Michoacana Meat Market
Jazzercise
Lowe's Supermarket

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
B202-999-0320-9900
Land Assessment
$30,600
Improvements Assessment
$189,546
Total Assessment
$220,146
  • Listing ID: 34359514

  • Date on Market: 1/3/2025

  • Last Updated:

  • Address: 2027-2027 1/2 Magoffin Ave, El Paso, TX 79901

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