Newly Remodeled Building across from San Jacinto Plaza

Retail-Commercial for Sale
Catylist Listing ID: 30381196
Property Subtypes: Restaurant, Tavern/Bar/Nightclub, Other
Building Size (RSF): 17,308 SF
Gross Building Area: 5,870 SF
Gross Land Area: 6,098 SF
Sale Price: See Agent
Property Use Type: Investment
Usable Size (USF): 7,800 SF
Sale Terms: Other
Cap Rate: 6.0%
Last Updated: 9/10/2019

Overview / Comments

Newly remodeled building in the prestigious historic neighborhood and heart of downtown El Paso, Texas. Sitting across from the city's central park, San Jacinto Plaza, this is the hottest place in town when it comes to entertainment and great food. The main Tenant, five-star restaurant, Park Tavern, is the latest addition to join the Downtown El Paso area restaurants and bars, which opened in the Spring of 2017. More available space to occupy on the second floor, and the basement. Perfect site to join the downtown vibe as a business owner or investor.
For price information please execute the attached Non-Disclosure document and e-mail it to: broker@teamjuanuribe.com

Additional Details

Nearest MSA: El Paso
County: El Paso
Tax ID/APN: M473-999-0040-4600
Zoning: C5
Property Visibility: Excellent
Largest Nearby Street: E Mills Avenue
Feet of Frontage: 70
Area Description: -Property Taxes: $30,834.00 -Lot Size: 6,066 Sq Ft (Approx.) -Building Size: 17,308 Sq Ft (Approx.) -2,687 Sq Ft Available For Lease on the 2nd Floor For $15.00 a Square Foot -6,211 Sq Ft Available For Lease in the Basement For $7.00 a Square Foot -24 Hour Availability -Air condtioning -Abatement Zone -Balcony -Bus Line -Empowerment Zone -Restaurant -Signage -Underground Space -Adaptive Reuse Project -Mixed Use -Elevators: 1 Passenger -Sprinklers: Wet -High Vacancy Property -Lease Option -Redevelopment Project
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 7,800 SF
Year Built: 1939
Year Renovated: 2017
Construction/Siding: Other
Passenger Elevators: 1
Sprinklers: Wet

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,819 66,414 143,132
Median Age: 35.2 36.1 34.26
Households: 7,633 24,463 50,624

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