Incredible investment opportunity on one of El Paso's busiest corridors! Located at 5723 Alameda Ave, this property features a total of 10,618 sqft of land with multiple income-producing spaces and endless potential. The main structure includes approximately 1,678 sqft of construction plus a garage and covered area ideal for an auto repair shop currently leased for $1,400/month. The front retail space (approx. 290 sqft) is leased for $400/month and perfect for a small business like a barber or stylist. There's also a 1-bedroom apartment of about 700 sqft generating $750/month in rental income. Additionally, a detached home of roughly 1,000 sqft could bring in another $1,000/month—currently owner-occupied but easily rentable. Live on-site, run your business, or lease out all units for strong cash flow. With the flexibility to configure the property to fit your needs, this is a unique opportunity for both owner-users and investors looking to establish or expand in a high-visibility, high-traffic location
El Paso is located in Texas. El Paso, Texas 79905has a population of 676,395. El Paso 79905 is less family-centric than the surrounding county with 31.91% of the households containing married families with children. The county average for households married with children is 33.08%.
The median household income in El Paso, Texas 79905 is $51,325. The median household income for the surrounding county is $50,919 compared to the national median of $69,021. The median age of people living in El Paso 79905 is 33.5 years.
The average high temperature in July is 95 degrees, with an average low temperature in January of 30.8 degrees. The average rainfall is approximately 10.2 inches per year, with 3.4 inches of snow per year.
