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: 6,105 SF
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: 6/6/2019

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 whole property can also be leased for $8,000.00 per month (NNN) including the warehouse in the back.

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
Feet of Frontage: 293
Site Description: Bus line, Mezzainine, Pylon Sign
Area Description: -1.3 Acres of Land C-3 Zoning -6,100 Sq. Ft. of Construction -Two Properties -For Lease for $8,000.00 a Month NNN -Over 50,000 Cars Drive Through This Property Everyday -We Have An Additional 1.3 Acres In The Area. If More Land Is Needed : For $1.3 Million
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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