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Mixed-Use Land for Sale in El Paso, Texas

2027- 2031 Magoffin Ave, El Paso, TX 79901

$398,750
0.28 acres
Active
$16.8k drop
Est $3,263/mo

Investment and redevelopment opportunity Perfectly positioned on a prominent corner parcel this mixed-use property is zoned C4, offering an expansive range of commercial, retail, and mixed-use possibilities. Currently anchored by the well-established Sylvia's Grocery, a beloved local market complete with a kitchen, this versatile property also features an attached residence and Additionally, two separate income-producing studio rental units provide steady cash flow and stability. Surrounded by multifamily residences and other mixed-use developments, this location benefits from mid-level traffic flow and strong neighborhood engagement. Also included is an attached flexible-use area ideal for private gatherings, entertainment, or event rentals, complemented by a convenient side entrance and an outdoor restroom.

Location

Street address
2027- 2031 Magoffin Ave
Community
Bassett
Elevation
3,704 feet
Coordinates
31.7696, -106.4656

Property details

Lot size
0.28 acres12,197 sq ft
Zoning
C4
MLS #
GEPAR 913705
Posted

Parcels

  • B20299903209900

Legal description

Details and features

Listing

Type
Residential

Exterior

Parking
Assigned, Guest
Structures
Guest House

Structure

Stories
1
Sewer
Public Sewer
Heating
Central, Forced Air
Cooling
Central Air, Evaporative Cooling, Window Unit(s)
Materials
Stucco

Listing history

DateEventPriceChangeSource
Jan 29, 2025Price drop$398,750$16,750 -4%GEPAR
Dec 18, 2024New listing$415,500GEPAR
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This 0.28-acre property is located at 2027- 2031 Magoffin Ave in El Paso, TX 79901. The property is available for sale for $398,750.

Checked 25 mins ago — Updated

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