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1601 Silver Heights Boulevard

SILVER CITY, NM 88061
  • $721,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 2402794
UPDATED: 107 min ago
$721,000
  • 0
    BEDS
  • 0.97
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

EXCEPTIONAL INVESTMENT OPPORTUNITY!!! The Pinon Plaza is a fully occupied shopping plaza at the junction of one of the highest traffic count and highest visibility intersections in Silver City. This property is being offered at a very respectful 9.5% capitalization rate, boasting the prospect of immediate income and significant growth potential. Currently, there are 12 rental units occupied by a diverse portfolio of proprietors, each contributing to a robust income stream. The Pinon Plaza is located at the intersection of Hwy 180 and Hwy 90, ensuring maximum visibility and sustained demand. Its impeccable maintenance and strategic location serve as a testament to its appeal.

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© 2024 Southern New Mexico Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLIS or Better Homes and Gardens Real Estate - Steinborn & Associates. Data last updated: 2024-10-12T00:14:32.533.
www.viewlascruceshomes.com/homes/155003985
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1601 Silver Heights Boulevard SILVER CITY, NM 88061

  • Price: $721,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 107 min ago
  • MLS #: 2402794
0
Beds
0
Baths
0
½ Baths
0.97
Acres
Neighborhood:
Silver Heights
County:
Grant
Area:
999 - Other
Property Description
EXCEPTIONAL INVESTMENT OPPORTUNITY!!! The Pinon Plaza is a fully occupied shopping plaza at the junction of one of the highest traffic count and highest visibility intersections in Silver City. This property is being offered at a very respectful 9.5% capitalization rate, boasting the prospect of immediate income and significant growth potential. Currently, there are 12 rental units occupied by a diverse portfolio of proprietors, each contributing to a robust income stream. The Pinon Plaza is located at the intersection of Hwy 180 and Hwy 90, ensuring maximum visibility and sustained demand. Its impeccable maintenance and strategic location serve as a testament to its appeal.
Exterior Features

Construction Materials AdobeFrameStucco Parking Capacity 30.00 Parking Features Parking Lot Roof Metal

Interior Features

Cooling Evaporative CentralRefrigerated CentralRefrigerated Window Flooring CarpetCeramic TileWood Heating ElectricForced AirGas Walls PlasterSheet Rock Water Heater ElectricGas

Property Features

Association YN No Entry Location CornerShopping Center or Mall Green Certified No Land Status Land Included Listing Terms CashSell Entirely Lot Size Dimensions .76 to 1 AC New Vs Resale Resale Property Condition Average Property Sub Type Commercial Road Frontage Type City StreetHighwayState Road Sewer Unknown Tax Legal Description Pt Lots 2-7 and Lots 8-9 Block 18 SILVER HEIGHTS & S50' VACATED 17TH STREET BETWEEN JUNIPER & YUCCA STREETS LESS HWY 180 .973 AC Utilities City SewerCity WaterElectricGasPhone Available

Listing provided courtesy of Carson E Morgan of RealPros: (575) 639-9050. All listing information was provided by Southern New Mexico Multiple Listing Service.


© 2024 Southern New Mexico Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLIS or Better Homes and Gardens Real Estate - Steinborn & Associates. Data last updated: 2024-10-12T00:14:32.533.
 
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