3450 MCNUTT ROAD, EL PASO, TX 79922
Homes for sale in El Paso.
Homes for sale in 79922.
3450 McNutt Road
El Paso, TX 79922
List Price$1,700,000
Listing #942853
About This Property
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.
Property Features
Location Information
County
El Paso
Longitude
-106.541608
Latitude
31.802229
Interior Features
Has Fireplace
Yes
Heating
See Remarks
Exterior Features
Stories
1
Zoning
C3
Lot Size in Acres
0.39
Flood Zone
No
Lot Size in Sq. Ft.
16,988
Additional Information
Property Type
COM
Tax Year
0
Similar Listings
Mortgage Calculator
$7,938
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$6,126
Monthly Tax
$1,416
Monthly Insurance
$396
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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