19388 Hwy 314, Belen, NM 87002
$550,000
Property Type:
Commercial Sale
Square Footage:
2,780
Lot Size (sq. ft.):
30,492
Status:
Active
Current Price:
$550,000
List Date:
3/19/2024
Last Modified:
4/02/2024
Description
Great investment opportunity. This fully leased restaurant building is occupied by a successful and popular local restaurant. Business is not for sale, but tenant has intentions to stay. Please do not disturb tenant.
More Information MLS# 1059095
Contract Information
Listing Price: 550000
Current Price: $550,000
List Price/SqFt: 197.84
Status: Active
Location
Street #: 19388
Street Name: Hwy 314
County: Valencia
City/Town Code: Belen
State/Province: NM
Zip Code: 87002
Directions: Hwy 314 Just north of Belen.
Geo Lat: 34.686558
Geo Lon: -106.768647
Area: 741 - Belen
Zone Atlas: NNN7
General Property Description
Property Sub-Type: Restaurant
Apx Structured SqFt: 2780
SqFt Source: Floorplan
Acres: 0.7
Lot SqFt: 30492
Apx Lot Dim Front: unknown
Apx Lot Dim Side: unknown
Lot Size Source: On-Line
Flood Zone: No Flood Map
Total # Stories: 1
# Parking Spaces: 40
Docks: No
Door Height: n/a
Disability Access: Yes
HVAC: Yes
% Occupied: 100
Transaction Type: Sale
Tax & Legal Info
UPC Code: 1007030356166000000
Short Legal Desc: Land division of Tract 33A1C MRGCD Map 96 Tract: 1A .70 acre Map 96 1991 Rev
GRT Code: 14-129
Current Taxes: 3200
Tax Exemption: No
Income & Expenses
Annual Oper Expenses: 18000
Annual Gross Income: 36000
Lease Term/Months: 12
Miscellaneous
Land Ownership: Land Owned
Cooling
Centrally Ducted: Yes
Sales Info
Trade/Xch Considered: No
Property Features
Location: Corner Lot; Corner Lot
Construction: Frame
Exterior Material: Stucco
Property Access: E Property Line; N Property Line
Road Frontage Type: State Road
Road Surface Type: Asphalt
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected
Heating: Natural Gas
Cooling: Evaporative Cooling
Tenant Pays: Triple Net
Features: 220 Power
Lease Information: Assumable/Assignable
Parking: Onsite
Docs/Data Available: Development Plans
Finance Considered: Cash; Conventional; Owner Financing
Zoning: C-1
Listing Office: Re/Max Gallery
Last Updated: April - 02 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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