1601 Silver Heights BLVD Active

Silver City,NM 88061

$ 721000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Silver Heights

MLS Listing ID 2402794

Lot Size 0.970 Acres

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.

Location

State NM

County Grant

Interior

Heating Electric,Forced Air,Gas

Cooling Evaporative Central,Refrigerated Central,Refrigerated Window

Flooring Carpet,Ceramic Tile,Wood

Exterior

Garage Parking Lot

Utilities Available City Sewer,City Water,Electric,Gas,Phone Available

Roof Type Metal

Building

Story 1

Sewer Unknown

Structure Type Adobe,Frame,Stucco

Others

Acceptable Financing Cash,Sell Entirely

Listing Terms Cash,Sell Entirely

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