Catylist ID: #29662148
Retail Building & Duplex For Sale
Retail-Commercial for Sale
|Catylist Listing ID:||29662148|
|Property Subtypes:||Mixed Use, Street Retail, Other|
|Building Size (RSF):||2,959 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||0.22 Acres|
|Unit Price:||$109.83 PSF|
|Property Use Type:||Investment|
|Sale Terms:||Cash to Seller, Owner Financing|
Overview / Comments
**Owner will finance with substantial down payment. Balloon in 3-5 years.
Retail building with two residential apartments for sale on the corner of Shalem Colony/Bamert and Picacho.
Total monthly rental income is $1,830.00.
-Beauty Shop can handle two tenant - each pays $340.00 per month
-Two residential units - one unit rents for $425.00 per month and the other at $725.00 per month.
Recent Improvements include:
-Beauty Shop: new flooring, carpeting & tile. New A/C unit in 2009.
-Small Apartment: new paint, and roof in 2014. New A/C unit in 2009.
-Large Apartment: completely refurbished in 2010, 2 new A/C units in 2009.
Complex was re-stuccoed and painted in 2009.
Long standing tenants.
|Nearest MSA:||Las Cruces|
|Retail Clientele:||General, Family|
|Side of Street:||Southwest|
|Largest Nearby Street:||Shalem Colony and Picacho|
|Highway Access:||Very close access to I-10. Access to Hwy 70 and I25|
|Site Description:||Corner of Shalem Colony/Bamert and Picacho|
|Total Number of Buildings:||2|
|Number of Stories:||1|
|Proximity:||3 miles||5 miles|
Grady OxfordSTEINBORN / TCN Commercial Real Estate
Jacob GarlandSTEINBORN / TCN Commercial Real Estate
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