503/517 Main St Belen, NM 87002
- Retail properties
- 8,287 SF
- 0.78 lot acres
Current Use by Public Records
- Retail properties
Property Details for 503/517 Main St
- Lot size
- 0.78 lot acres
- Property size
- 8,287 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional Belen, New Mexico commercial property, located at 503/517 S Main Street, presents a compelling investment opportunity. Situated on a 0.78-acre lot, this 8,287 square foot retail building boasts a prime location on the west side of Main Street, just south of Gilbert Avenue, within a high-traffic area. The property comprises eight individual suites, five of which are currently leased, ensuring immediate cash flow. Suite sizes vary, with five offering 1,000 square feet each, two at 750 square feet, and one larger suite at 1,500 square feet. Each suite includes a private bathroom. One suite features upgraded refrigerated air conditioning and central forced air heating, while the remaining suites are equipped with evaporative cooling and radiant heat. The asking price for this well-positioned retail center is $425,000, offering significant potential for growth and return on investment. Its strategic location and diverse suite sizes make it an ideal property for both seasoned investors and those seeking a strong entry point into the New Mexico commercial real estate market. The property's current occupancy and high-traffic location contribute to its strong investment potential. This is a rare opportunity to acquire a well-established retail center in a thriving community. The property is located in Valencia County, New Mexico, zip code 87002.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Belen
- County
- Valencia
- State
- New Mexico
- Longitude
- -106.779
- Latitude
- 34.6569
