102-104 Nathan Court, Los Lunas, NM 87031

$650,000

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List Price
$650,000
Status
ACTIVE
Days on Market
266
Price Change
▼ $100,000 1776481521
MLS#
1094428
Subtype
Commercial Sale
Lot Size
200,376
Acres
4.60
MLS Area Major
East Los Lunas/Tome

Property Description

Well-maintained duplex offering solid tenant income and excellent potential for growth! Zoned C-1 Commercial, this property provides flexible opportunities -- continue operating it as a multi-family rental or convert it into office or retail space while developing the land. The existing structure sits on approximately 4.61 acres, allowing for future development of any use permitted by zoning.Located in a thriving commercial area, the property is bordered by Tractor Brewing and Ribs BBQ, with major retailers, big-box shopping, and popular restaurants all within a half-mile radius. 8'' water and sewer line close to, or at property line, 3-Phase power in area. This is a rare opportunity ideal for investors, developers looking to generate income today while planning for tomorrow's expansion.

Additional Information

Taxes
$1,666
Zoning
C-1
Heating
Natural Gas
Air Conditioning
Evaporative Cooling

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Calculator source: Real Geeks

Listing courtesy of Jeremiah D. Collins from Real Broker, LLC

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.