9416 Montana

Retail-Commercial for Sale
Catylist Listing ID: 30288113
Property Subtypes: Restaurant, Tavern/Bar/Nightclub, Other
Building Size (RSF): 4,703 SF
Gross Building Area: See Agent
Gross Land Area: 1.30 Acres
Sale Price: $1,100,000
Unit Price: $233.89 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Owner Financing, Sale/Leaseback, Other
Cap Rate: Undisclosed
Last Updated: 11/19/2018

Overview / Comments

This is an excellent 1.3 acre parcel, with a
completely equipped restaurant. Originally this
used to be two different parcels. The first, is where
the restaurant is located and the second one is
where the self-storage is located. You are getting
two properties for the price of one! Across the
street to the west, the owner is leasing 1.3 acres to
a car lot on a month to month basis, so if more
land is needed this would be available as well for
$1.3 million dollars. Due to the proximity to the
airport and to the high traffic of over 50,000 cars
per day, this is the perfect site for a new hotel or
restaurant. The property can also be leased for
$7,000.00 per month (NNN).This is for a ten year
lease.

Additional Details

Nearest MSA: El Paso
County: El Paso
Tax ID/APN: S225-999-0010-5005
Zoning: C-3
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Visibility: Excellent
Largest Nearby Street: Montana
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1983
Roof Type: Flat
Construction/Siding: Stucco
Sprinklers: Dry
Heat Type: Electricity, Natural Gas, Hot Water
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, Satellite
Water Service: Municipal
Sewer Type: Municipal
Easements: Pipelines, Electric Lines, Water Rights, Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,942 86,596 264,238
Median Age: 39.88 36.11 33.85
Households: 4,144 31,387 86,997

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