2027- 2031 Magoffin Avenue, El Paso, TX 79901
Bassett · El Paso County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Stories
1
Lot Size
0.28 acres
Zoning
C4
Days on Market
546
MLS® Listing#
913705
Property Features
- Cooling:
- Central Air, Evaporative Cooling, Window Unit(s)
- Heating:
- See Remarks, Central, Forced Air
- Parking:
- Guest, Unassigned
- Construction:
- Stucco
- Other Structures:
- Guest House, Outbuilding, Residence, Workshop, See Remarks
- Sewer:
- Public Sewer
- Water Source:
- Public
HOA & Tax
- Parcel #:
- B20299903209900
Affordability Calculator
$75,000
Estimated monthly payment
$1,996/mo
Principal $300,000 · Est. interest $418,527 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in El Paso, TX
- $324,645
- Median Listing Price
- 69
- Median Days on Market
- 1,940
- Median Sq Ft
- $168
- Median Price / Sq Ft
- 2,165
- Active Listings
- This home’s price is 16% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in El Paso, TX.
Location
- 2027- 2031 Magoffin Avenue, El Paso, TX 79901
Nearby Schools
Douglass Elementary School
Elementary · 0.2 mi away
Bowie High School
Secondary · 0.5 mi away
Faith Hope Chinese School
School · 0.7 mi away
Tien Shan Tzi
School · 0.7 mi away
Cordova Middle School
Secondary · 0.9 mi away
Career & Tech Ed Ctr
Secondary · 0.9 mi away
Wiggs Middle School
Elementary · 1.1 mi away
Zavala Elementary School
Elementary · 1.1 mi away
Sunset High School
Secondary · 1.1 mi away
Guillen Middle School
Secondary · 1.1 mi away
First Christian Church
Elementary · 1.2 mi away
Moreno Elementary School
Elementary · 1.3 mi away
Hart Elementary School
Elementary · 1.3 mi away
St. Clement's Parish School
Elementary · 1.3 mi away
Lydia Patterson Institute
Secondary · 1.4 mi away
La Fe Preparatory School
Elementary · 1.4 mi away
El Paso Catholic School
Secondary · 1.5 mi away
Ephs Classmate Forums
School · 1.5 mi away
Official El Paso Independent School District
School · 1.5 mi away
El Paso High School
Secondary · 1.6 mi away
Commute Calculator
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Listing Courtesy: 1st Choice Realty - 9154939793
Presented by: Fernando Valenzuela