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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.
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.