4723 Highway 314, Los Lunas, NM 87031
4723 Highway 314, Los Lunas, NM 87031
4723 Highway 314, Los Lunas, NM 87031
4723 Highway 314, Los Lunas, NM 87031
4723 Highway 314, Los Lunas, NM 87031
4723 Highway 314, Los Lunas, NM 87031
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Listed by Keller Williams Realty
$ 750,000
Est. payment | /mo

1.49 Acres Lot


Save
$ 750,000
Est. payment | /mo
Save

1.49 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1111534

HOA Y/N No

Annual Tax Amount $4,774

Lot Size 1.490 Acres

Acres 1.49

Lot Dimensions Public Records

Property Sub-Type Mixed Use

Property Description

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 property and the tenant has done a great job at keeping it clean. Tenant has been long term. The property's flexible layout makes it suitable for an owner-user, investor, or multi-tenant operation.Along an established commercial corridor, the property offers convenient access and visibility for a variety of retail, office, service, fitness, educational, or similar commercial uses.Don't miss out on the growth coming to this area!Unit A: Mary's KitchenUnit B: Ricky's BakeryUnit C: Ricky's Pizza ParlorUnit D: VacantUnit E: Vacant

Location

State NM

County Valencia

Area 740 - Los Chavez

Interior

Heating Natural Gas

Cooling Evaporative Cooling

Fireplace No

Exterior

Parking Features Guest, On Site

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

Total Parking Spaces 25

Building

Story 1

Others

Tax ID 1008034421486000000

Acceptable Financing Cash, Conventional, Lease Option, Owner May Carry

Listing Terms Cash, Conventional, Lease Option, Owner May Carry

Southwest MLS (SWMLS IDX Plus)
Nearby Locations
Susan Buchman

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(505) 554-4173

susan@thebuchmangroup.com

4313 Corrales Rd, Corrales, New Mexico 87048, USA

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4723 Highway 314