Catylist ID:
#30653252
| Catylist Listing ID: | 30653252 |
| Property Subtypes: | Free-Standing Building, Mixed Use, Street Retail |
| Building Size (RSF): | 21,080 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.62 Acres |
| Sale Price: | $2,500,000 |
| Unit Price: | $118.60 PSF |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 10/8/2020 |
Overview / Comments
|
This 2 story historic building for lease in El Paso's thriving Downtown District. This beautiful building can serve as a warehouse or can be converted into offices, galleria, restaurant, museum and even used for public and private events or a mix of uses. The El Paso Laundry and Cleaners Company was established in 1891 and moved to this site in 1897, Strategically located along-side the Rio Grande just a few hundred yards from the streets of Ciudad Juarez, the company played an interesting role in several international events, including the 1909 meeting between President William Howard Taft and Porfirio Diaz. When Diaz crossed the Santa Fe Bridge and arrived at the front of the Laundry to meet Taft, he was welcomed by enthusiastic crowds and received a twenty-one gun salute. Two years later, as the fighting of the Mexican Revolution moved north of the border, the Laundry building's large flat roof served as an observation deck, providing journalists and spectators sweeping views of the fighting across the river, especially during the Battle of Ciudad Juarez on Mat 10, 1911. The building has a total of 21,000 Sq. Ft. +/- with approximately 15 parking spaces (additional parking can be provided depending on the lease terms) and is located a few feet away from the Santa Fe international border crossing. |
Attachments & Media
Additional Details
| Nearest MSA: | El Paso |
| County: | El Paso |
| Tax ID/APN: | C05099906203100 |
| Zoning: | GMU H |
| Property Visibility: | Excellent |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Year Built: | 1945 |
| Parking Type: | Surface |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,581 | 53,836 | 130,930 |
| Median Age: | 36.76 | 35.39 | 34.26 |
| Households: | 3,823 | 19,693 | 46,038 |
Contact
Sergio TinajeroKW CommercialBorder CIE Member |
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