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    309 E Mills Avenue

    El Paso, TX 79901
    • $1,099,899
    • STATUS: Active
    • ON SITE: 49 days
    • MLS #: 831648
    UPDATED: 45 min ago
    $1,099,899
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 22,400
      SQFT
    • $49
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Offered by Home Pros Real Estate Group

    Description

    Historic Hotel commercial property downtown,''The De Soto Hotel'' has been in the downtown El Paso scene for over 100 years. The famous Hotel has 54 furnished rooms, rents are approximate $400-$450 per month. The building comes equipped with Secured code entry, Laundry area, office work areas with a shared bathroom, 5,000 sqft basement space, and store frontage available for lease.Recently approved by the Planning Division/Planning Inspections of El Paso TX for Infill Development incentive policy. Another available incentive policy is the Transit-Oriented Development (TOD) incentive policy. Incentives in the form of Building and Planning Permit Fee Rebates, Construction Materials Sales Tax Rebates, Property Tax Rebates, etc. available!Many opportunities to convert this commercial gem to condos, offices, and even a restaurant for mixed uses.Take advantage of the opportunity and contribute to the boom of DT El Paso.

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    © 2020 Greater El Paso Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Purple House Real Estate Group / ERA Sellers And Buyers Real Estate. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by brokerage firms other than The Purple House Real Estate Group / ERA Sellers And Buyers Real Estate are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers. Data last updated: 2020-09-24T17:13:50.833.
    www.thepurplehouserealestate.com/homes/108561865
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    309 E Mills Avenue El Paso, TX 79901

    • Price: $1,099,899
    • Status: Active
    • Updated: 45 min ago
    • MLS #: 831648
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    22,400
    SQFT
    $49
    $/SQFT
    Neighborhood:
    Mills
    County:
    El Paso
    Area:
    El Paso
    Property Description
    Historic Hotel commercial property downtown,''The De Soto Hotel'' has been in the downtown El Paso scene for over 100 years. The famous Hotel has 54 furnished rooms, rents are approximate $400-$450 per month. The building comes equipped with Secured code entry, Laundry area, office work areas with a shared bathroom, 5,000 sqft basement space, and store frontage available for lease.Recently approved by the Planning Division/Planning Inspections of El Paso TX for Infill Development incentive policy. Another available incentive policy is the Transit-Oriented Development (TOD) incentive policy. Incentives in the form of Building and Planning Permit Fee Rebates, Construction Materials Sales Tax Rebates, Property Tax Rebates, etc. available!Many opportunities to convert this commercial gem to condos, offices, and even a restaurant for mixed uses.Take advantage of the opportunity and contribute to the boom of DT El Paso.
    Exterior Features

    Construction Brick Lot Sqft 5233 Miscellaneous Exterior Dumpster Lease/Rented Other Structures None Parking None Property Access Paved Road To PropSee Remarks

    Interior Features

    Cooling Window Unit(S) Heating CentralNatural Gas Hvac Yes Suite Sqft 120 Total Area Sqft 22400.00

    Property Features

    Best Use Bar/Tavern/LoungeHotel/MotelRestaurantRetailShopping CenterShowroom Empowerment Zone Yes Exemptions None Features Paving Finance Considered CashConventional Flood Zone No Handicap Access No Improved Yes Lease Terms Month To Month Licenses Historic Reg. Ldmk/OverlyNone Listing Type Exclusive Right To Sell Location Downtown Area Lot Yes Measured By Appraiser Cad Number Of Tenants 54.00 Property BuildingHistoric Reg. Ldmk/Overly Refrigerated Yes Tenant Pays None Unimproved No Utilities All City Verification Projection Water City Water District El Paso Water Zoning C5

    Listing information © 2020 Greater El Paso Association of Realtors® MLS
    Listing provided courtesy of Home Pros Real Estate Group.



    © 2020 Greater El Paso Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Purple House Real Estate Group / ERA Sellers And Buyers Real Estate. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by brokerage firms other than The Purple House Real Estate Group / ERA Sellers And Buyers Real Estate are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers. Data last updated: 2020-09-24T17:13:50.833.
     
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    The Purple House Real Estate Group / ERA Sellers And Buyers Real Estate
    11331 James Watt #150
    El Paso TX, 79936
    Offered by Home Pros Real Estate Group