820 Sullivan Ave - Flex FOR SALE


Farmington, NM 87401
$625,000 USD
505-330-4813
820 Sullivan Ave, Farmington, NM for Sale
$625,000 USD
Flex - FOR SALE
1/56
null | Request Cap Rate

820 Sullivan Ave
Farmington, NM 87401


HIGHLIGHTS

  • Extensively renovated in 2019
  • Located for good visibility and access.
  • 53 parking | 157 Occupancy

OVERVIEW

Extensively renovated in 2019, this former bar/gaming center offers excellent potential for many uses, e.g., an event center, a retail space, office space, etc.. Occupancy is 157 and there are 53 designated parking spots plus additional off street parking is available. This building is located city central, approximately 300ft off a signal-controlled intersection with good traffic count for high visibility and easy access. Notable improvements to the property include the addition of extensive fiber optics, a wifi enabled sign for computer input changes, new stucco, new flooring, new fixtures, a bar, several counters, display cases, multiple wifi hookups, handicapped accessible bathrooms, and upgrades to the following; HVAC system, plumbing, electrical, lighting, hot water heater, sprinkler system, security system, parking lot, and partial roof replacement. Also notable is that the main space/game room has main entrances from the front or rear and can be opened up even more with the removal of the stage/platform and/or stage/platform separation wall which are not structural. Window tinting is removeable. Floorplan and detailed renovation plans are available. Call for additional details.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$122 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Game Center

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.74

LAND SF

32,234

ZONING

General Commercial

APN/PARCEL ID

4004867

ASK ABOUT THIS PROPERTY

Stacey JohnsonReal Broker LLCMore Info
505-330-4813

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Stacey JohnsonReal Broker LLCMore Info
505-330-4813

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