Listed by Team Juan Uribe
$650,000
8756 ALAMEDA AVE EL PASO TX 79907-6202
Details
APN 164817
Property Type Retail, Mixed Use
Sub Type Storefront, Auto Shop
Square Footage 7,375
Units 3
Tenancy Multi
Year Built 2018
Buildings 3
Stories 1
Lot Size (SqFt) 23,570
Zoning C-1
Ground Lease No
Investment Opportunity – Three-Property Portfolio on Alameda Ave
Marketing description
Excellent income-producing portfolio featuring three properties sold together with outstanding frontage on Alameda Ave. The property is currently occupied by three tenants/spaces generating a total gross annual income of $70,800.
- Laundry Repair Shop: $1,200/month
- Mechanic Shop: $1,900/month
- Owner-Occupied Cabinet & Granite Shop (two spaces): $2,800/month
The owner is willing to lease back the cabinet and granite shop for one year, providing continued income for a new owner. All leases are gross leases, and annual property taxes are approximately $9,197.
A great opportunity for investors seeking stable cash flow, strong visibility, and prime frontage along a well-traveled corridor.
Investment highlights
- Three Tenants Total. 1. Laundry Repair Pays $1,200.00/Month. 2. Mechanic Shop Pays $1,900.00/Month. 3. Landlord Occupies Two Spaces For $2,800/Month.
- Owner Has a Cabinet Shop & Granite Shop; Owner Willing to Lease for One Year.
- Total Yearly Gross Income $70,800.00. All Leases Are Gross Leases. Taxes Are $9,197 Yearly.
- There are Three Properties, Sold Altogether.
- Great Frontage on Alameda Ave.
Listing Contacts
Listed by Team Juan Uribe
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