International Building Downtown Hotel Redevelopment


Price:
$3,000,000

Address :
119 North Stanton Street
El Paso, TX 79901


  •  Prime real estate location in thriving Downtown El Paso, Texas
  •  Currently generating income from retail tenants on the ground floor
  •  Possible historical tax incentives from city and state
  •  Multiple hotel brands available for conversion
  •  Essentially blank slate for iconic redevelopment
  •  Great walkability factor to restaurants, entertainment and retailers within Downtown El Paso
    View Map    View Aerial
  •  The El Paso Borderplex serves a market of more than 2.5 million people in west Texas, southern New Mexico, and northern Mexico.
  •  Fort Bliss is the largest military training complex in the United States.
  •  Over 20 million people cross into El Paso annually, and 85% quote shopping/dining as their primary reason for visiting El Paso.
  •  Close to Regional Demand Generators:
  •  The property is not encumbered by a franchise agreement. Possible conversion options include Best Western, Cambria Suites, Hampton Inn & Suites, and La Quinta (and/or dual branded with Hawthorn Suites).
    •  0.2 Miles to Plaza Theatre
    •  0.5 Miles to Southwest University Park and El Paso Holocaust Museum and Study Center
    •  0.6 Miles to El Paso Museum of Art
    •  0.9 Miles to Judson F Williams Convention Center & Abraham Chavez Theatre
    •  1.3 Miles to University of Texas at El Paso
    •  2.4 Miles to Chamizal National Memorial
    •  5.9 Miles to Bassett Place
    •  6.9 Miles to Sunland Park Mall
    •  7 Miles to Fort Bliss
    •  7.2 Miles to Sunland Park and Casino and Miles to El Paso International Airport
    •  14 Miles to The Outlet Shoppes at El Paso
    •  17 Miles to Franklin Mountains State Park
  •  9 Stories
  •  ±83,000 Square Feet
  •  Interior Corridors
  •  Flat, Built-Up Roof
  •  Full Basement
  •  Levels 1 & 2 ±87’ x 120’
  •  Levels 3 through 8 ±9.650 Square Feet Per Floor
  •  Level 9 2,600 Sq. Ft. Penthouse
  •  Early 19th Century
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Financials
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This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!