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502 S Mesa Street

El Paso, TX 79901
  • $495,000
  • STATUS: Active Under Contract
  • ON SITE: 160 days
  • MLS #: 841386
Under Contract
UPDATED: 49 min ago
$495,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,600
    SQFT
  • $32
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
County:
Area:

School Ratings & Info

Offered by Legacy Real Estate Services

Description

Income producing property with 8 fully occupied units, perfect for investors! This property currently produces $5,800 per month. Tenant businesses include a 2100 sq ft grocery store, 810 sq ft bodega, 1250 sq ft restaurant, 860 sq ft post office, and others! Gas and electric are paid for by tenants and owner only pays 30% of water.

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© 2021 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 / Clear View Realty. 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 / Clear View Realty 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: 2021-07-30T16:13:44.99.
www.thepurplehouserealestate.com/homes/114369183
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502 S Mesa Street El Paso, TX 79901

  • Price: $495,000
  • Status: Active Under Contract
  • Updated: 49 min ago
  • MLS #: 841386
0
Beds
0
Baths
0
½ Baths
0.36
Acres
15,600
SQFT
$32
$/SQFT
Neighborhood:
Campbell
County:
El Paso
Area:
El Paso
Property Description
Income producing property with 8 fully occupied units, perfect for investors! This property currently produces $5,800 per month. Tenant businesses include a 2100 sq ft grocery store, 810 sq ft bodega, 1250 sq ft restaurant, 860 sq ft post office, and others! Gas and electric are paid for by tenants and owner only pays 30% of water.
Exterior Features

Construction AdobeBlockConcrete Lot Sqft 15600 Number Parking Spaces 17 Other Structures Pergola

Interior Features

Cooling Evaporative Cooling Heating ElectricNatural Gas Hvac Yes Total Area Sqft 6400.00

Property Features

Apx Yearly Taxes 10707.00 Best Use Bar/Tavern/LoungeRestaurantSee Remarks Data Doc Existing Leases Empowerment Zone Yes Exemptions None Features Wire Fence Finance Considered 1031 ExchangeCashOwner Will Carry Flood Zone No Handicap Access No Improved Yes Income And Expenses Annual Gross Income 69600.00 Income And Expenses Gross Monthly Rent 5800.00 Lease Info See Remarks Lease Terms 12 MonthsMonth To Month Leaseable Area YN Yes Licenses None Listing Type Exclusive Right To Sell Location Corner LotDowntown Area Measured By Appraiser Cad Number Of Tenants 7.00 Packages Includes Building LeaseChattles Property BuildingLand (Fee Simple) Sale Includes Building And LandEquipmentFixturesFurnishings Sewer City Tax Year 2020 Tenant Pays See Remarks Unimproved No Verification Information Limited Water City Zoning C4

Listing information © 2021 Greater El Paso Association of Realtors® MLS
Listing provided courtesy of Legacy Real Estate Services.



© 2021 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 / Clear View Realty. 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 / Clear View Realty 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: 2021-07-30T16:13:44.99.
 
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The Purple House Real Estate Group / Clear View Realty
11351 James Watt Dr C-200
El Paso TX, 79936
Offered by Legacy Real Estate Services