A fully leased, mixed-use property on one of Alpine’s most recognizable streets is now listed for sale at $493,000.
Located at 206 W Murphy St, the 2,602-square-foot property offers a blend of historic charm and modern updates. Originally built in 1890, the building has been transformed into a vibrant, multi-use space featuring a street-facing art studio, residence, two casitas, a workshop, and an outdoor entertainment area complete with a bar, kitchen, and dance floor.
According to the listing by Mountain View Properties, the sale includes furnishings and is marketed as a turnkey investment. With 100% occupancy, the site is positioned for either continued rental income or owner use. It’s also located in an Opportunity Zone, which may provide tax advantages for qualified buyers.
The assessed value for 2024 totals just over $37,000, though the asking price reflects substantial renovations and strong location value on historic Murphy Street.
Interested buyers can contact Michelle or Colton Foster at Mountain View Properties at (432) 837-5518.
