4723 Highway 314

Los Lunas, NM 87031
$750,000

About this property

Commercial investment and owner-user opportunity located along NM-314 in Los Lunas! The entire property is offered for sale at $750,000, with two commercial suites also available for lease at $12.00 per square foot annually! The property features one shopping strip center and a mobile home in the back that's leased out. The house and retail space are completely leased out except 2 units, including one that's been freshly updated with fresh paint and new flooring. The building has undergone many large renovations including a newer roof, new commercial septic, new driveway, and much more!This location is a very pivotal part of the Los Lunas community with a great sense of grass routes community and history. The tenants in place offer much under-served resources the growing town is needing!The double wide mobile home is located at the rear of the property, creating additional rental income. Currently rented out at $1,240/m. The Tenant is able to access the property from the rear entrance. This is a clean propert

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Details

Price
$750,000
Square feet
6,283
Lot size
1.49 acres
Type
MixedUse
Heating
NaturalGas
Cooling
EvaporativeCooling
MLS #
1111534

Listed by The Venegas Group, Keller Williams Realty · (505) 271-8200. Data from the Southwest MLS, refreshed every 15 minutes.

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