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Mixed-Use Property with Storage
For Sale
Contact for pricing
Pending

503 & 521 S Main Street, Belen, NM 87002

Two leased commercial buildings provide office, service, and storage configurations along Main Street.

Property SizeContact for details
Days on Market142

Property Features for 503 & 521 S Main Street

General Information

Standard status Pending
Property subtype Retail

Building Details

Buildings 3
Tenancy Multi
Listing Agency: Champions, Inc.
Listed By: Nancy Montoya · License #NM
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 5:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Champions, Inc.

Investment Insights

Based on property information with market context.

This mixed-use property includes two occupied commercial buildings and a separate storage structure. The first building contains 3,187 sq ft with office space and 1-3/4 baths and is leased to an optometrist. The second totals 5,100 sq ft, includes a half bath, and is leased to a barber shop. Its heating and H2O equipment are 2 yr old.

A separate 2,002 sq ft storage building adds two bays and 8 doors. The property is positioned on the west side of Main Street in Belen, just south of Dillon Ave, with the buildings addressed at 503 & 521 S Main Street.

Key Highlights

  • 3,187 sq ft building with office space, 1‑3/4 baths, and an optometrist tenant
  • 5,100 sq ft commercial building with a half bath and barber shop tenant
  • Separate 2,002 sq ft storage building

Property Analytics

Current Use

Medical centers

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office Parking Lot & Garage Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

475
Businesses Nearby

Demographics for 87002, NM

21,225
Population
9,210
Households
2.3
Avg Household Size
43
Median Age
19%
College-Educated
84%
High-School Grad
598.3 sq mi
ZIP Area
35
Density / Sq Mi
$51,537
Median Household Income
$30,896
Median Earnings
$859
Median Rent
$183,700
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two leased commercial buildings provide office, service, and storage configurations along Main Street.
Where is this mixed-use property located?
The property is located at 503 & 521 S Main Street Belen, NM.
What are key features of this property?
This property features: 3,187 sq ft building with office space, 1‑3/4 baths, and an optometrist tenant; 5,100 sq ft commercial building with a half bath and barber shop tenant; Separate 2,002 sq ft storage building
More about this property
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