120 S Commercial Ave - Office FOR SALE


Farmington, NM 87401
$460,000 USD
505-588-7767
120 S Commercial Ave, Farmington, NM for Sale
$460,000 USD
Office - FOR SALE
1/34
null | Request Cap Rate

120 S Commercial Ave
Farmington, NM 87401


HIGHLIGHTS

  • Long term anchor tenant.
  • Multiple suites.
  • Easy access.

OVERVIEW

Downtown Farmington commercial investment opportunity with recent updates and great rental history. The ''Radio Building'' is two stories and 7,750 square feet containing 8 suites. Upstairs is offices and broadcasting studios. Downstairs includes a main lobby area, breakroom and offices. There are two separate suites with their own entrances on Broadway and one on Commercial Ave that is currently used as storage but can be fitted into another lease-able suite.

FOR SALE DETAILS

PRICE

$460,000 USD

PRICE/SF

$59 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

Central Business

APN/PARCEL ID

0028048

ASK ABOUT THIS PROPERTY

Mitch HawkesReal Estate PROSMore Info
505-588-7767

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Mitch HawkesReal Estate PROSMore Info
505-588-7767

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.