Commercial Building For Sale Downtown Estancia NM

Office for Sale
Catylist Listing ID: 30270475
Property Subtypes: Office Building, Other
Building Size (RSF): 2,300 SF
Gross Land Area: 0.09 Acres
Sale Price: $75,000
Unit Price: $32.61 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2018

Overview / Comments

Commercial Building for sale downtown Estancia NM. The commercial building is centrally located in downtown Estancia, just west of 5th street (Hwy 41) at 506 West Highland Ave. I-40 is 20 miles north and another 30 miles west on the Interstate to Albuquerque. Hwy 60  is just minutes south of Estancia. At one time the building was used for the magistrate court. The property includes a small lot in the back for extra parking and storage. The building is configured with several office spaces, storage and a public reception area. City water and sewer, natural gas and electric utility services. Many potential possibilities for an investment, rental or income producing property. 

Additional Details

Nearest MSA: Albuquerque
County: Torrance
Property Located Between: 5th street and W Highland Avenue
Property Visibility: Excellent
Highway Access: Hwy 41 - around the corner. Hwy 60 - approx. 10 miles south. Interstate 40- approx. 20 miles north.
Site Description: Typical town lot
Area Description: Small town of Estancia, the county seat of Torrance County. Agricultural community.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,300 SF
Roof Type: Hip
Construction/Siding: Wood Frame
Exterior Description: Front faces north. Slump block exterior
Parking Type: Surface
Parking Description: Street parking and a rear lot
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Evaporative Cooler
Internet Access: Other
Interior Description: Carpeted flooring. Public and private restrooms, several office spaces, lobby and reception, storage.
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: Estancia Original Townsite Block 43 North 80' of Lot 17 and South 45' of Lot 17

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Photograph of Listing Agent

Myra Oden

United Country Farm & Home Realty
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