304 Hall St Hatch, NM 87937

Property Details for 304 Hall St

Lot size

0.05 lot acres

Property type

Commercial real estate

Description

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.

Location Insight

City

Hatch

County

Dona Ana

State

New Mexico

Longitude

-107.151

Latitude

32.6654