A PREMIER TELSHOR LOCATION'S NEXT ACT!

Retail-Commercial for Sale
Also listed as Office, Vacant Land
Catylist Listing ID: 30223354
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 7,140 SF
Gross Building Area: See Agent
Gross Land Area: 56,436 - 70,963 SF
Sale Price: $1,200,000
Unit Price: $168.07 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/15/2018

Overview / Comments

If you need to put your retail or office concept at the forefront of a long-standing prime Telshor location this could be your opportunity. It is definitely a capable asset solution with a lot of potentials. This is a longstanding liquor store and restaurant location with great visibility and in a prime location near the Mesilla Valley Mall. The land size is very generous and it also offers land options to expand. The location did not go dark due to the previous business concept not being viable. You definitely have an immediate access to a high number of rooftops and lifestyle dynamic that is very attractive. The facility is located midway between both major hospitals in the Las Cruces area well within what can be deemed the "medical corridor" of the community. It is in close proximity to a high number of well established medical developments and offices. It is well laid out for a design-build if necessary and the former restaurant component only takes up 1200 SQFT of the overall square footage. A small restaurant operation would also work very well for this location and it can now be expanded upon if necessary. There are simply a number of ways to take this property. You just have to call us for a showing.

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Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Taxing Authority: Dona Ana County
Tax ID/APN: R0220989
Zoning: C-2
Retail Clientele: General, Business, Other
Property Located Between: Telshor & Doral Court
Property Visibility: Excellent
Highway Access: I-25 & Lohman near Mesilla Valley Mall
Airports: ELP & Las Cruces International
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1988
Zoning Description: C-2 Per City of Las Cruces Guidelines
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Dona Ana County Accounts R0220989 (additional land option R0220991 2807 Doral Court)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,411 64,496 106,105
Median Age: 30.45 33.35 34.86
Households: 5,768 26,716 42,538
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.