201 S Main Street, Belen, NM 87002
$275,000
Property Type:
Commercial Sale
Square Footage:
1,786
Lot Size (sq. ft.):
7,405
Status:
Active
Current Price:
$275,000
List Date:
12/13/2023
Last Modified:
12/13/2023
Description
Investment commercial space in the heart of Belen. Located in the plaza of the historic F & E Plaza. This space had a complete renovation in 2021. This property has generated rental income for 25+ years from the same tenant. Property has a current lease until November 2024 with the option to renew for rental income. Come see this remarkable space.
More Information MLS# 1054272
Contract Information
Listing Price: 275000
Current Price: $275,000
List Price/SqFt: 153.96
Status: Active
Location
Street #: 201
Direction: S
Street Name: Main
St Suffix: Street
County: Valencia
City/Town Code: Belen
State/Province: NM
Zip Code: 87002
Directions: I25 Southbound. Take exit 191, turn left on Camino Del Lano. Turn left on Main street. Property is on the left side of the street. Cross streets are Main and W Castillo Ave
Geo Lat: 34.659822
Geo Lon: -106.7777
Area: 741 - Belen
Zone Atlas: QQQ6
General Property Description
Property Sub-Type: Office Building(s)
Apx Structured SqFt: 1786.2
SqFt Source: Floorplan
Acres: 0.17
Lot SqFt: 7405
Apx Lot Dim Front: 25
Apx Lot Dim Side: 89.1
Lot Size Source: Survey
Flood Zone: X
Total # Stories: 1
# Parking Spaces: 4
Docks: No
Door Height: 8 ft
Disability Access: Unknown
HVAC: Yes
% Occupied: 100
Transaction Type: Other - See Remarks
Tax & Legal Info
UPC Code: 1007028102253
Short Legal Desc: Subd: SCHOLLE ADDITION Lot: 1A Block: 1 S: 18 T: 5N R: 2E 0.10 ACRES M-577
GRT Code: 14-129
Current Taxes: 1471.42
Tax Exemption: No
Income & Expenses
Annual Oper Expenses: 2000
Annual Gross Income: 15180
Lease Term/Months: 36 MONTHS
Miscellaneous
Land Ownership: Land Owned
Sales Info
Trade/Xch Considered: No
Property Features
Location: Business Center; Corner Lot; Business Center; Corner Lot
Construction: Frame
Exterior Material: Stucco-Synthetic
Road Frontage Type: Alley; City Street
Road Surface Type: Asphalt; Paved
Utilities: Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected
Heating: Heat/Cool Combo (G)
Cooling: Refrigerated
Tenant Pays: Electric; Gas; Sewer; Trash Removal; Water
Lease Information: Assumable/Assignable
Parking: +Leased Parking Area; Guest Parking
Docs/Data Available: Deed; Shared Well Agrment
Finance Considered: Cash; Conventional; FHA; VA
Zoning: C-1
Listing Office: Nino Trujillo & Company, Inc.
Last Updated: December - 13 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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