202 California Street, Socorro, NM 87801
$700,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
104,108
Status:
Active
Current Price:
$700,000
List Date:
3/07/2024
Last Modified:
3/07/2024
Description
Don't miss out on this exceptional commercial real estate opportunity in the lovely little city of Socorro! Situated on the city's busiest street, with a commanding frontage on California Street, this property spans a total of 2.319 acres. Perfectly positioned just one block from the historic Plaza district, it offers unmatched visibility and accessibility for businesses looking to thrive in this up and coming community.
Features:
Three prime commercial parcels
Ideal for retail, offices or mixed-use development
Strategically located for maximum exposure and foot traffic
Zoning conducive to various commercial ventures
Potential for significant return on investment
Perfect for an investor seeking a lucrative opportunity or a developer with a vision for commercial space.
More Information MLS# 1058338
Contract Information
Listing Price: 700000
Current Price: $700,000
Status: Active
Location
Street #: 202
Street Name: California
St Suffix: Street
County: Socorro
City/Town Code: Socorro
State/Province: NM
Zip Code: 87801
Directions: Heading South, Take exit 150 for US-60 W/I-25BL toward Socorro/Magdalena. Continue on I-25BL/US-60 W. Drive to N California St. There are 3 commercial buildings in this listing: 202 California A&B, 216-218 California, and 300 California.
Geo Lat: 34.056425
Geo Lon: -106.891
Area: 621 - South Socorro
Zone Atlas: NOZA
General Property Description
Property Sub-Type: Building
SqFt Source: Floorplan
Acres: 2.39
Lot SqFt: 104108
Apx Lot Dim Front: 318.50
Apx Lot Dim Side: 2.319
Lot Description: 2.39 Arcres of Prime property l
Lot Size Source: On-Line
Flood Zone: No Flood Map
Total # Stories: 1
# Parking Spaces: 20
Docks: No
Door Height: 6
Disability Access: Unknown
HVAC: Yes
% Occupied: 80
Transaction Type: Sale
Tax & Legal Info
UPC Code: Not Available
Short Legal Desc: R005968, R005970, R005971, R005972
GRT Code: 25-125
Current Taxes: 8534
Tax Exemption: No
Income & Expenses
Annual Oper Expenses: 19440
Annual Gross Income: 64800
Lease Term/Months: MTM
Miscellaneous
Land Ownership: Land Owned
Sales Info
Trade/Xch Considered: Yes
Property Features
Location: Freestanding; Freestanding
Construction: Adobe; Block; Frame
Exterior Material: Stucco
Utilities: Community Water; Electricity Connected; Sewer Connected; Water Connected
Heating: Natural Gas
Cooling: Central Air
Lease Information: Call List Office
Docs/Data Available: Deed; Existing Leases
Finance Considered: Cash; Conventional; FHA
Zoning: C-1
Documents
Property Flyer ›
202A California - Floorplan ›Listing Office: Coldwell Banker Legacy
Last Updated: March - 07 - 2024
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