502 S Mesa Street

El Paso, TX 79901 / Campbell

MLS ID# 841386 Active

$495,000


Map Layers

Description

Income producing property with 8 fully occupied units, perfect for investors! This property currently produces $5,800 per month. Tenant businesses include a 2100 sq ft grocery store, 810 sq ft bodega, 1250 sq ft restaurant, 860 sq ft post office, an... show more

Contract Information

  • List Price/SqFt 77.34
  • Status Active
  • List Date 2021-02-19
  • Listing Type Exclusive Right To Sell
  • Street # 502
  • Street Dir Prefix S
  • Street Name MESA
  • Street Suffix Street
  • County El Paso
  • City El Paso
  • State TX
  • Zip Code 79901
  • Zip +4 2706
  • Zoning C4
  • Subdivision Campbell
  • Flood Zone No
  • Apx Yearly Taxes 10707
  • Tax Year 2020
  • Parcel ID C05099911604900
  • Legal 116 CAMPBELL 11 TO 15 (15600.00 SQ FT)

General Property Info

  • Apx Acres 0.36
  • Apx SqFt # 15600
  • Measured By Appraiser CAD
  • Improved Yes
  • Empowerment Zone Yes
  • Unimproved No
  • # of Stories 1
  • Lot SqFt 15600
  • # Parking Spaces 17
  • Handicap Access No
  • HVAC Yes
  • # of Tenants 7
  • Occupancy Rate 100
  • Source Dimensions Other
  • Verification Information Limited
  • Leaseable Area Y/N Yes
  • Total Area SqFt 6400

Details

  • Exemptions

    None

  • Lease Terms

    Month to Month , 12 Months

  • Income & Expenses

    Annual Gross Income 69600 , Gross Monthly Rent 5800

  • Property

    Building , Land (Fee Simple)

  • Construction

    Adobe , Block , Concrete

  • Best Use

    Bar/Tavern/Lounge , Restaurant , See Remarks

  • Water

    City

  • Sewer

    City

  • Heating

    Electric , Natural Gas

  • Cooling

    Evaporative Cooling

  • Lockbox Type

    None

  • Other Structures

    Pergola

  • Sale Includes

    Building and Land , Equipment , Fixtures , Furnishings

  • Tenant Pays

    See Remarks

  • Licenses

    None

  • Features

    Wire Fence

  • Packages Includes

    Building Lease , Chattles

  • Finance Considered

    1031 Exchange , Cash , Owner Will Carry

  • Data Doc

    Existing Leases

  • Lease Info

    See Remarks

Documents

This listing was last updated on 2021-02-19T20:49:26Z