$375,000
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2027- 2031 Magoffin AVE El Paso, TX 79901
12,196 SqFt
Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 12,196 sqft
Price per Sqft $30
Subdivision Bassett
MLS Listing ID 913705
Sold Date 09/29/26
Lot Size 0.280 Acres
Acres 0.28
Source Greater El Paso Association of REALTORS®
Property Description
Investment and redevelopment opportunity Perfectly positioned on a prominent corner parcel this mixed-use property is zoned C4, offering an expansive range of commercial, retail, and mixed-use possibilities. Currently anchored by the well-established Sylvia's Grocery, a beloved local market complete with a kitchen, this versatile property also features an attached residence and Additionally, two separate income-producing studio rental units provide steady cash flow and stability. Surrounded by multifamily residences and other mixed-use developments, this location benefits from mid-level traffic flow and strong neighborhood engagement. Also included is an attached flexible-use area ideal for private gatherings, entertainment, or event rentals, complemented by a convenient side entrance and an outdoor restroom.
Location
State TX
County El Paso
Community Bassett
Zoning C4
Rooms
Other Rooms Guest House, Outbuilding, Residence, Workshop, See Remarks
Interior
Heating See Remarks, Central, Forced Air
Cooling Central Air, Refrigerated, Evaporative Cooling, Window Unit(s)
Fireplaces Number 12000
Fireplace Yes
Exterior
Parking Features Guest, Unassigned
Utilities Available All City
Building
Story 1
Sewer Public Sewer
Water City
Level or Stories 1
Structure Type Stucco
Others
Tax ID B20299903209900
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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