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.