$ 721,000
1601 Silver Heights BLVD Silver City, NM 88061
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 721,000
Est. payment /mo
Active
1601 Silver Heights BLVD Silver City, NM 88061
0.97 Acres Lot
UPDATED:
09/11/2024 02:33 AM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Silver Heights
MLS Listing ID 2402794
Originating Board lascruces
Lot Size 0.970 Acres
Acres 0.97
Lot Dimensions .76 to 1 AC
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
Fireplace N
Exterior
Garage Parking Lot
Utilities Available City Sewer, City Water, Electric, Gas, Phone Available
Roof Type Metal
Parking Type Parking Lot
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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