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Listed by The Broker Sponsor Corporation
$ 1,700,000
Est. payment /mo
Active
3450 McNutt RD El Paso, TX 79922
16,988 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 16,988 sqft
Price per Sqft $100
MLS Listing ID 942853
Lot Size 0.390 Acres
Acres 0.39
Source Greater El Paso Association of REALTORS®
Property Description
This multi-asset commercial property offers a strong value-add opportunity with diversified income potential. The front building, formerly the Carousel Grocery Store, benefits from established visibility, steady traffic, and easy access--ideal for redevelopment into a restaurant, bar, gas station, or retail use.
The rear warehouse, once the historic Carousel Night Club, provides substantial space for adaptive reuse, storage, or light industrial applications. The property also includes two residential homes, offering immediate rental income or on-site housing options, plus an additional parcel of land for future development or expansion.
With a mix of commercial and residential assets, this property is well-suited for investors seeking multiple revenue streams, redevelopment upside, and long-term appreciation potential.
The rear warehouse, once the historic Carousel Night Club, provides substantial space for adaptive reuse, storage, or light industrial applications. The property also includes two residential homes, offering immediate rental income or on-site housing options, plus an additional parcel of land for future development or expansion.
With a mix of commercial and residential assets, this property is well-suited for investors seeking multiple revenue streams, redevelopment upside, and long-term appreciation potential.
Location
State TX
County El Paso
Zoning C3
Interior
Heating See Remarks
Fireplaces Number 16949
Fireplace Yes
Building
Story 1
Level or Stories 1
Others
Tax ID S52899901302400
Virtual Tour https://www.propertypanorama.com/instaview/gepar/942853
