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Listed by Dunagan Associates
$ 825,000
Est. payment | /mo
0.54 Acres Lot
$ 825,000
Est. payment | /mo
0.54 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26001226
HOA Y/N No
Year Built 1960
Annual Tax Amount $8,085
Lot Size 0.540 Acres
Acres 0.54
Property Sub-Type Retail
Source NMMLS
Property Description
Located in a prime, high-visibility area of W Pierce with excellent drive-by traffic and ample parking, 1012 W Pierce offers a unique opportunity for investors and business owners alike. The property features five individual suites, providing flexibility for multiple tenants, a single business operation, or a combination of both. Each suite offers the potential to function as office or retail space, allowing for a variety of business uses and configurations. Three of the five suites are currently leased, offering an opportunity for an investor to acquire an income-producing property while retaining additional space for future tenants, expansion, or an owner-user. The property's convenient location, strong visibility, abundant parking, and multi-suite configuration make it well suited for a variety of professional and commercial businesses. Whether you're looking to build a diversified rental portfolio, occupy a suite while generating additional income, or lease the remaining spaces, this property offers flexibility and potential. Buyer should contact the Listing Broker for specific lease information and additional details regarding the existing tenants.
Location
State NM
County Eddy
Exterior
View Y/N false
Private Pool No
Others
Tax ID 4-156-126-498-269