500 N Church Street

    Las Cruces, NM 88001
    • $699,900
    • STATUS: Active Under Contract
    • ON SITE: 15 days
    • MLS #: 2000439
    Under Contract
    $699,900
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    This beautiful 6,000 sq ft +/- professional office building is located in the heart of downtown Las Cruces. & falls within one of the Qualified Opportunity Zones (QOZ) established by the Tax Cuts and Jobs Act, which provides special financing & capital gains tax benefits for investors. Amenities include new interior & exterior paint & stucco, a new roof, & new refrigerated air throughout. The property is currently generating over $95k income annually, & capable of generating in excess of $124k annually when full. High demand for downtown office space makes this an excellent investment opportunity.

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    © 2020 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 Steinborn & Associates Real Estate. Data last updated: 2020-02-24T00:14:31.047.
    www.viewlascruceshomes.com/homes/103041199

    500 N Church Street Las Cruces, NM 88001

    • Price: $699,900
    • Status: Active Under Contract
    • MLS #: 2000439
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    Neighborhood:
    Original Townsite
    County:
    Dona Ana
    Area:
    120 - Downtown
    Property Description
    This beautiful 6,000 sq ft +/- professional office building is located in the heart of downtown Las Cruces. & falls within one of the Qualified Opportunity Zones (QOZ) established by the Tax Cuts and Jobs Act, which provides special financing & capital gains tax benefits for investors. Amenities include new interior & exterior paint & stucco, a new roof, & new refrigerated air throughout. The property is currently generating over $95k income annually, & capable of generating in excess of $124k annually when full. High demand for downtown office space makes this an excellent investment opportunity.
    Exterior Features

    Construction FrameSlump BlockStucco Parking Capacity 6.00 Parking Type Off SiteParking AreaPavedStreet Parking Walls PaneledSheet Rock

    Interior Features

    Ceiling Height 11 - 15 Ft8 - 10 FtVaried Heights Cooling Refrigerated Central Floors CarpetingCeramic Tile Heating Forced AirGas

    Property Features

    Building Info Office Professional Office Green Certified YN No Hoa YN No Land Status Land Included Location Downtown Area Miscellaneous Inside StorageShelving New Vs Resale Resale Owner Financing YN No Property Sub Type Office Reo Bank Owned YN No Road Frontage City Street Sewer Unknown Short Sale YN No Type Of Business Professional/Office Utilities Available City SewerCity WaterElectricGasTelephone Water Heater GasUtilities/Master Meter Will Sell CashSell Entirely

    Listing provided courtesy of Gary A Sandler of Gary Sandler Inc., Realtors: (575) 525-2400. All listing information was provided by Southern New Mexico Multiple Listing Service.
    © 2020 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 Steinborn & Associates Real Estate. Data last updated: 2020-02-24T00:14:31.047.
     
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