5200 Doniphan Drive, El Paso, TX 79932

$1,375,000

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List Price
$1,375,000
Price Change
▼ $225,000 1785466610
Days on Site
348
MLS#
931530
Status
ACTIVE
Acres
1.17

Property Description

PRIME 1.17-ACRE COMMERCIAL INVESTMENT OPPORTUNITY IN EL PASO'S UPPER VALLEY! Here is your opportunity to own a piece of El Paso history while generating rental income! Located in the highly desirable Upper Valley, just minutes from the El Paso Country Club, this 1.17-acre commercial property offers an exceptional opportunity for an investor looking for an income-producing asset with significant future potential. The property features approximately 3,335 square feet of improvements and is currently home to El Paso Biergarten, an established tenant occupying a space that has been part of El Paso's bar and entertainment scene for more than 40 years. Formerly known as Aceitunas, the property has recently been remodeled by the new ownership, creating a unique private pub and entertainment atmosphere. See photos for a look at the beautifully updated space. For an investor, this property offers the opportunity to own income-producing commercial real estate, collect rent from an established tenant, and capitalize.

Additional Information

Taxes
$17,594
Stories
1
Fireplaces
50746
Heating
2+ Units

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Matt Rice () from Listing Office: ClearView Realty.