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503/517 Main St Belen, NM 87002

Sponsored
For Sale
$425,000

High-traffic retail investment opportunity.

Property size:
8,287 SF

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional Belen, NM retail property boasts 8,287 square feet of prime commercial space situated on bustling South Main Street. The 0.78-acre lot houses a multi-tenant building currently comprised of eight individual suites, five of which are currently leased, presenting a strong existing income stream and immediate return on investment. Five suites offer generous 1,000 square foot layouts, ideal for a variety of retail businesses. Two additional suites provide 750 square feet each, and a larger 1,500 square foot suite is also available. One suite features upgraded refrigerated air conditioning and central forced air heating, providing modern climate control. The remaining suites are equipped with evaporative cooling and radiant heat systems. Each suite includes a private bathroom for tenant convenience. The high visibility location on Main Street ensures significant foot traffic and exposure, making this a compelling investment opportunity with substantial growth potential. The property's current occupancy and diverse suite sizes offer flexibility for both immediate income and future expansion. This is a rare chance to acquire a well-established retail center in a thriving New Mexico community. Priced at $425,000.

Property Features for 503/517 Main St

General Information

Property type
Retail properties
Square Feet
8,287 SF
Lot Size
33,977 SF

Property Profile Location Intelligence

Current Use by Public Records

Retail properties

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Belen
County
Valencia
State
New Mexico
Longitude
-106.7483
Latitude
34.6433

FAQs

What type of property is this?
Retail property - High-traffic retail investment opportunity.
Where is this retail property located?
The property is located at 503/517 Main St Belen, NM.
What is the asking price?
The asking price for this property is $425,000.
More about this property
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