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Listed by ClearView Realty
$1,375,000
Est. payment /mo
50,965 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 50,965 sqft
Price per Sqft $26
MLS Listing ID 931530
Annual Tax Amount $17,594
Lot Size 1.170 Acres
Acres 1.17
Source Greater El Paso Association of REALTORS®
Property Description
PRIME 1.17-ACRE COMMERCIAL INVESTMENT OPPORTUNITY IN EL PASO'S UPPER VALLEY!
Here is your opportunity to own a piece of El Paso history while generating rental income! Located in the highly desirable Upper Valley, just minutes from the El Paso Country Club, this 1.17-acre commercial property offers an exceptional opportunity for an investor looking for an income-producing asset with significant future potential.
The property features approximately 3,335 square feet of improvements and is currently home to El Paso Biergarten, an established tenant occupying a space that has been part of El Paso's bar and entertainment scene for more than 40 years. Formerly known as Aceitunas, the property has recently been remodeled by the new ownership, creating a unique private pub and entertainment atmosphere. See photos for a look at the beautifully updated space.
For an investor, this property offers the opportunity to own income-producing commercial real estate, collect rent from an established tenant, and capitalize.
Here is your opportunity to own a piece of El Paso history while generating rental income! Located in the highly desirable Upper Valley, just minutes from the El Paso Country Club, this 1.17-acre commercial property offers an exceptional opportunity for an investor looking for an income-producing asset with significant future potential.
The property features approximately 3,335 square feet of improvements and is currently home to El Paso Biergarten, an established tenant occupying a space that has been part of El Paso's bar and entertainment scene for more than 40 years. Formerly known as Aceitunas, the property has recently been remodeled by the new ownership, creating a unique private pub and entertainment atmosphere. See photos for a look at the beautifully updated space.
For an investor, this property offers the opportunity to own income-producing commercial real estate, collect rent from an established tenant, and capitalize.
Location
State TX
County El Paso
Zoning C1
Interior
Heating 2+ Units
Fireplaces Number 9999
Fireplace Yes
Building
Story 1
Level or Stories 1
Others
Tax ID X267999S00D8100
Virtual Tour https://www.propertypanorama.com/instaview/gepar/931530
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