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Corner Lot Building on Highly Trafficked St 523-525 S El Paso St 11,617 SF Vacant Retail Building El Paso, TX 79901 $1,383,390 CAD ($119.08 CAD/SF)
INVESTMENT HIGHLIGHTS
- Corner Lot Located in Central El Paso
- 2024 Property Taxes: $16,269
- Offers Ample Room For Expansion with a Spacious Second Floor, Basement for Additional Storage
- Frontage on El Paso St and Third Ave
- Great Potential For Your Next Restaurant, Clothing Store, or Bar
EXECUTIVE SUMMARY
Don't miss out on this excellent commercial property located on a highly trafficked corner lot in the vibrant heart of El Paso. With prime access to both Third Ave and El Paso St., this versatile space is perfect for a wide range of uses, from retail to storage, and offers ample room for expansion with a spacious second floor. The property also includes a basement, providing additional storage or development potential.
Featuring two suites, both currently vacant. Additionally, the property is equipped with three half-bathrooms for convenience.
This is a unique opportunity to own a prime commercial asset in a high-visibility location—ideal for investors or business owners looking to expand in El Paso.
Featuring two suites, both currently vacant. Additionally, the property is equipped with three half-bathrooms for convenience.
This is a unique opportunity to own a prime commercial asset in a high-visibility location—ideal for investors or business owners looking to expand in El Paso.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$58,102
|
$5.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$58,102
|
$5.00
|
| Taxes |
$22,506
|
$1.94
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$22,506
|
$1.94
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $58,102 |
| Annual Per SF | $5.00 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $58,102 |
| Annual Per SF | $5.00 |
| Taxes (CAD) | |
|---|---|
| Annual | $22,506 |
| Annual Per SF | $1.94 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $22,506 |
| Annual Per SF | $1.94 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
11,617 SF
Building Class
C
Year Built
1901
Price
$1,383,390 CAD
Price Per SF
$119.08 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.78
Lot Size
0.15 AC
Zoning
C4 - This property is zoned C4 in the City of El Paso.
Parking
10 Spaces (0.86 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Storage Space
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Luis Dorado Notary Public
- Professional, Scientific, and Technical Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Luis Dorado Notary Public | Professional, Scientific, and Technical Services | - | - | - |
Walk Score®
Walker's Paradise (94)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | C050-999-1330-0100 | Total Assessment | $912,501 CAD (2025) |
| Land Assessment | $574,785 CAD (2025) | Annual Taxes | $22,506 CAD ($1.94 CAD/SF) |
| Improvements Assessment | $337,716 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
C050-999-1330-0100
Land Assessment
$574,785 CAD (2025)
Improvements Assessment
$337,716 CAD (2025)
Total Assessment
$912,501 CAD (2025)
Annual Taxes
$22,506 CAD ($1.94 CAD/SF)
Tax Year
2024
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Corner Lot Building on Highly Trafficked St | 523-525 S El Paso St
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