Remarks

Great long term investment. Two solid long term tenants in place. Two modular office buildings with tons of upgrades and improvements. Offered at an attractive CAP rate. 1743 Grand Ave Leased through November 2026 1,680 square feet New HVAC installed August 2023 New carpet installed November 2022 All interior painted November 2022 1747 Grand Ave Leased through February 2027 3,360 square feet New HVAC installed June 2024 New carpet installed March 2021 All interior painted February 2024 Total of 5,000+- SQFT on 3/4 acre on North Grand Ave in Las Vegas, NM Great location next to the Recreation Center and across from City Hall Buildings are modulars - constructed with architectural drawings in 2009 Buildings are all electric and ADA compliant Shared parking area with 22 spaces Enclosed with a fence

Details

MLS#: 20250354
Price: $625,000

Style: Commercial
Sq Ft: 5040

County: San Miguel County
Tax Fee: 4516