Office Complex for Sale
|Catylist Listing ID:
Business Park, Governmental, Institutional, Medical, Mixed Use, Flex Space, Office Building, Other
|Building Size (RSF):
|Gross Land Area:
|Property Use Type:
|Class of Space:
|Usable Size (USF):
||Cash to Seller
|Average Occupancy Rate:
Overview / Comments
This three-building, four-unit medical complex located adjacent to the Presbyterian Española Hospital on 0.972 acres is 100%-leased and available to an investor or owner-user, subject to the existing leases. The property was completely renovated in 1995. The asking price is based on a June 2018 appraisal completed by Hippauf, Dry & Connelly.
Attachments & Media
|Property Located Between:
||N Coronado Ave and N Paseo de Onate (US Hwy 285)
||US Hwy 285/84, or N Paseo de Onate in Española, is one of the main north-to-south thoroughfares in New Mexico, connecting Española to Chama and southwestern Colorado to the north and Santa Fe to the south. This property is just one block to the east of US Hwy 285/84 (N Paseo de Onate).
||This is a multi-building multi-unit medical/professional office property (four units) on a single lot.
||This property is located on the northeast corner of Spruce Street and N Coronado Avenue, north of Plaza de Española which is located on the southwest corner of Paseo de Onate and Bond Street, approximately half a mile away. Plaza de Española is a cultural center and business node. The immediate neighborhood is the commercial corridor along Paseo de Onate. In the immediate area lies Presbyterian Española Hospital to the west and a religious facility to the east. Commercial use includes restaurants, small retail establishments, and car dealerships, but mostly small offices. Beyond the commercial corridor along Paseo de Onate, land use changes to almost exclusively residential.
|Total Number of Buildings:
|Number of Stories:
|Typical SF / Floor:
||R-O-I Residential-Office-Institutional District. This mixed zoning district is intended to provide a place for
those types of institutional and commercial activities that require separate buildings and building groups
surrounded by landscaped yards and open area. Land, space and aesthetic requirements of these uses
make them desirable in suburban locations near residential neighborhoods or rural countrysides, and
away from the concentration of people and traffic of the retail, wholesale and industrial areas of the
community. Examples of allowed uses in this district are as follows:
(1) Art galleries.
(2) Assembly halls for nonprofits.
(5) Music conservatories.
(6) Office buildings and offices for professional services.
(7) Site-built single-family dwellings.
© Copyright 2001-2018 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Commercial Association of REALTORS® - New Mexico nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.