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Price Reduction - Eco Friendly - Seller Financing - Lease to Own
Address
19499 Highway 314, Belen, NM
Price
$ 474,000
Property Attributes
  • MLS#1006865
  • TypeCommercial
  • CountyVALENCIA
  • CityBelen
  • AreaLos Chavez
  • Zip87002
  • StyleMixed Use
  • Taxes$ 2427
  • Price$ 474,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage50
  • Lot Size1.03 Acres
Data Source:
Southwest MLS (SWMLS)
Property Description

A great rental/income opportunity!1 ac commercial land and two buildings at the gateway to Belen, a multicultural and up-and-coming community. 2,248-sqft adobe building at NM-314 near I-25 Bypass. Currently being used as a spa, its layout is adaptable for many business, such as attorney, construction, medical, restaurant, bar 7 office suite, 1 large, open-floor-plan office with full kitchen, and 1 bath and shower. Many upgrades, including, including roof, title, and a freestanding sign to advertise the businesses. New tap to city sewer! Behind it is a cute and quiet, 682-sqft caretaker residence/rental. Total cash-flow potential is $4000 to $5,500 per month. Lease, purchase and/or owner carry with a significant down payment. Own this all-inclusive piece for $474000.

Price History
1/7/2022 Listed $549,500
4/16/2022 10% - $499,000
8/11/2022 6% - $474,000

General Features

Accessibility Wheelchair Access
Building Features Private Restrooms
Construction Materials Adobe, Stucco
Cooling Evaporative Cooling
Electric 220 Volts
Energy Efficient Construction
Heating Combination, Wall Furnace
Leasable Area 50
Listing Agent State License 20470
Location Highway Frontage
Lot Size Square Feet 44867
MLS Area 740 - Los Chavez
Property SubType Mixed Use
Property Type Commercial Sale
Status Active
Terms Cash, Conventional, Lease Option, Owner May Carry
Utilities Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Available
Zoning Description C-1

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Lot Size Acres 1.03
Lot Size Source Public Records
Parking Features Guest
Total Parking 15

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 87002

Price
AVG $440K
$470K
Taxes
AVG $2,263
$2,427
Visits
AVG 30
206
Walkscore
AVG 38
5
Data Provided by Walkscore ® not using MLS data

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