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4315-4317 Montana Ave
El Paso, TX 79903
Retail Property For Sale
Investment Highlights
- 2 units - both units long term leases
- rent can be increased
Executive Summary
This property is 100% leased and making money right now -- no waiting, no vacancy, no headaches. Two solid tenants are already in place and paying every month. Freeway Insurance is a well-known national company with locations all over the country. Their space is fully set up with agent desks, a waiting room, a break room, and an ADA restroom. They came in, built it out in their brand colors, and made it their own. That kind of tenant brings peace of mind. Next door, Muse Studios is a trendy barbershop and salon suite that has completely transformed their space. They have 5 barber chairs on the main floor plus several private suites -- including a lash and esthetics room and an adorable pink salon suite. The floors, mirrors, and décor are all done to a high level. When a tenant puts that much money into a space, they're not going anywhere anytime soon.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,060 SF
Building Class
C
Year Built
1965
Price
$984,900 CAD
Price Per SF
$321.86 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.64
Lot Size
0.11 AC
Zoning
C-2 - Designed to accommodate retail, service, and commercial uses that serve a regional or community-wide market.
Parking
7 Spaces (2.29 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Pylon Sign
- Air Conditioning
Property Taxes
| Parcel Number | G569-999-0700-1600 | Improvements Assessment | $248,864 CAD |
| Land Assessment | $49,724 CAD | Total Assessment | $298,589 CAD |
Property Taxes
Parcel Number
G569-999-0700-1600
Land Assessment
$49,724 CAD
Improvements Assessment
$248,864 CAD
Total Assessment
$298,589 CAD
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