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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.
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.