915-351-8000
1522 Montana Ave, El Paso, TX for Sale
Loft/Creative Space - FOR SALE
1/14
null | Request Cap Rate

1522 Montana Ave
El Paso, TX 79902
El Paso High


HIGHLIGHTS

  • Ideal for Investors
  • 8,216 SF on 0.13 acres
  • Great Visibility
  • Centrally located

OVERVIEW

Marketing Description Discover the investment potential at 1522 Montana in El Paso, TX! This historic 8,216 Sq. Ft. office building, built in 1904, offers a versatile space for both offices and residential units, presenting a lucrative opportunity in a prime location. Situated in a bustling commercial district, the property boasts outstanding visibility and accessibility, drawing in a diverse selection of professional tenants. With El Paso's economic growth and high demand for office spaces, this asset holds the promise of substantial appreciation and stable rental income. Don't miss the chance to own a valuable piece of real estate in one of Texas's flourishing markets and take advantage of the city's vibrant business environment. Contact us today to explore the possibilities at 1522 Montana! Investment Highlights This office building includes 3-stories of renovated offices spaces that maintain the building’s historical architecture, plus a partially finished basement including an additional office, multiple storage rooms, and an apartment (1 bedroom/1 bath). Seller is willing to consider a leaseback of the first floor (this is not a contingency) and also willing to offer seller financing - call for terms! 1st floor boasts a beautiful bright and welcoming entry, with 5 leasable office units, a breakroom, and conference room accessible from a large open co-working space; 2nd floor is naturally lit with its windows, 5 leasable office units, two restrooms and balcony overseeing the busting Montana Avenue traffic; and the 3rd floor offers an additional 5 leasable large office units, a common restroom with access to the building’s attic.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1904

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

SD C

APN/PARCEL ID

F607-999-0600-3100

ASK ABOUT THIS PROPERTY

Ceci FigueroaPrime REsource TeamMore Info
915-351-8000

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Ceci FigueroaPrime REsource TeamMore Info
915-351-8000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.