1000 E Santa Fe Avenue, Grants, NM 87020
$508,800
Property Type:
Commercial Sale
Lot Size (sq. ft.):
24,306
Status:
Active
Current Price:
$508,800
List Date:
10/04/2023
Last Modified:
4/10/2024
Description
Wonderful YELP reviews on this clean, well maintained 24 room vintage Route 66 motel $155k gross annual revenue. Located close to Blake's Lota Burger, Pizza 9's, and much more near the well traveled Wal-Mart exit with motels and restaurants.
More Information MLS# 1042558
Contract Information
Listing Price: 508800
Current Price: $508,800
Status: Active
Location
Street #: 1000
Direction: E
Street Name: Santa Fe
St Suffix: Avenue
County: Cibola
City/Town Code: Grants
State/Province: NM
Zip Code: 87020
Directions: From I-40 turn right on exit 85. The property will be on the right after the Blake's Lota Burger.
Geo Lat: 35.145072
Geo Lon: -107.838039
Area: 680 - Out of Area
Zone Atlas: NOZA
General Property Description
Property Sub-Type: Motel
Acres: 0.56
Lot SqFt: 24306
Apx Lot Dim Front: 220
Apx Lot Dim Side: 110
Lot Description: Rectangular lot
Lot Size Source: Plat
Flood Zone: X
Total # Stories: 1
# Parking Spaces: 24
Docks: No
Door Height: 7
Disability Access: Yes
HVAC: No
% Occupied: 65
Transaction Type: Business Included
Tax & Legal Info
UPC Code: 350062055061054470
Short Legal Desc: SUBD:9 BUSHVALE SUBD: BUSHVALE BLOCK: 4 LOT: 1 THRU:- LOT: 4, 1000 E SANTA FE AVE GRANTS
87020
GRT Code: 33-227
Current Taxes: 3409.42
Tax Exemption: No
Income & Expenses
Annual Oper Expenses: 80689
Annual Gross Income: 155000
Miscellaneous
Land Ownership: Land Owned
Sales Info
Seller Assist Ofrd: No
Trade/Xch Considered: No
Property Features
Location: Corner Lot; Freestanding; Corner Lot; Freestanding
Construction: Block
Exterior Material: Stucco
Property Access: W Property Line
Road Frontage Type: City Street
Road Surface Type: Asphalt
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected
Heating: Heat/Cool Combo (G)
Cooling: Window Units(s)
Features: Storage
Lease Information: None
Parking: Assigned Parking
Docs/Data Available: Disclosure Statement
Finance Considered: Cash; Conventional
Zoning: C-2
Documents
Brochure ›Listing Office: EXP Realty LLC
Last Updated: April - 10 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.