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Prime investment opportunity on Alameda Ave! This versatile 0.93-acre commercial property offers excellent visibility along a high-traffic corridor and multiple income streams. The front building features an office space with a reception area, additional private room, and half bathroom. Behind the office are two 1-bedroom, 1-bath apartments, providing consistent rental income. The property is well-suited for automotive or service-related businesses, featuring a paint booth, car lift, and additional equipment. The rear portion of the property includes multiple mechanic bays/spaces currently leased, creating additional revenue potential. Currently generating approximately $8,000 per month in rental income, with upside potential, this property offers a compelling opportunity for investors or owner-operators seeking a high-visibility location with established cash flow. Conveniently located in the heart of El Paso with easy access to major corridors and surrounding commercial activity.
Features
Cooling System: Multi Units
Fireplace: Fireplace
Floors: 1
Heating System: Central
Legal Description: CORONADO PLACE PT OF 14 TO 16 BEG 100.48 E OF NWC (105.02 ON ST-IRREG ON E - 103.71 ON S - 398.41 ON W)