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304 Hall St Hatch, NM 87937

For Sale
$120,000

Barbershop & Apartments, High-Yield Potential

Description

Added:
Feb 3, 2025
Days on Market:
312
This unique investment opportunity in Hatch, NM, presents a multi-use commercial property at an attractive price point of $120,000. The property, located at 304 E Hall Street, sits on a 0.05-acre lot and features a thriving, established barbershop occupying the front of the building. The rear of the building houses two residential rental units, providing additional income streams. One apartment offers one bedroom and one bathroom, while the other provides two bedrooms and one bathroom. Both units boast long-term tenants, each having occupied their respective spaces for over a decade, ensuring a stable rental income history. While the property would benefit from some cosmetic improvements and general upkeep, this is reflected in the competitive asking price. The "as-is" sale condition allows for immediate acquisition and the potential for significant return on investment through renovations and property management strategies. This presents a rare chance to acquire a mixed-use property with established income and significant upside potential in a growing market. The property's location in Hatch, NM, offers a strategic advantage for both commercial and residential tenants. Serious investors are encouraged to act quickly on this promising opportunity.

Property Features for 304 Hall St

General Information

Property type
Other commercial real estate
Lot Size
2,178 SF

Property Profile Location Intelligence

Current Use by Public Records

Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

Suggested Use

Spa & Massage Hair Salon Nail Salon Pharmacy Accounting Firm Kitchen & Bath Bar & Pub Daycare Center Clothing Store Electronics Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Hatch
County
Dona Ana
State
New Mexico
Longitude
-107.1511
Latitude
32.66536

FAQs

What type of property is this?
Commercial real estate - Barbershop & Apartments, High-Yield Potential
Where is this commercial real estate located?
The property is located at 304 Hall St Hatch, NM.
What is the asking price?
The asking price for this property is $120,000.
More about this property
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