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Listed by Keller Williams Realty
$ 750,000
Est. payment /mo
New
4723 Highway 314 Los Lunas, NM 87031
1.49 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1111534
HOA Y/N No
Annual Tax Amount $4,774
Lot Size 1.490 Acres
Acres 1.49
Lot Dimensions Public Records
Property Sub-Type Mixed Use
Property Description
Commercial investment and owner-user opportunity located along NM-314 in Los Lunas! The entire property is offered for sale at $750,000, with two commercial suites also available for lease at $12.00 per square foot annually! The property features one shopping strip center and a mobile home in the back that's leased out. The house and retail space are completely leased out except 2 units, including one that's been freshly updated with fresh paint and new flooring. The building has undergone many large renovations including a newer roof, new commercial septic, new driveway, and much more!This location is a very pivotal part of the Los Lunas community with a great sense of grass routes community and history. The tenants in place offer much under-served resources the growing town is needing!The double wide mobile home is located at the rear of the property, creating additional rental income. Currently rented out at $1,240/m. The Tenant is able to access the property from the rear entrance. This is a clean property and the tenant has done a great job at keeping it clean. Tenant has been long term. The property's flexible layout makes it suitable for an owner-user, investor, or multi-tenant operation.Along an established commercial corridor, the property offers convenient access and visibility for a variety of retail, office, service, fitness, educational, or similar commercial uses.Don't miss out on the growth coming to this area!Unit A: Mary's KitchenUnit B: Ricky's BakeryUnit C: Ricky's Pizza ParlorUnit D: VacantUnit E: Vacant
Location
State NM
County Valencia
Area 740 - Los Chavez
Interior
Heating Natural Gas
Cooling Evaporative Cooling
Fireplace No
Exterior
Parking Features Guest, On Site
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
Total Parking Spaces 25
Building
Story 1
Others
Tax ID 1008034421486000000
Acceptable Financing Cash, Conventional, Lease Option, Owner May Carry
Listing Terms Cash, Conventional, Lease Option, Owner May Carry
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