200-206 Broadway Ave Ave Bloomfield, NM 87413
- Commercial real estate
- 4,800 SF
- 0.80 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 200-206 Broadway Ave Ave
- Lot size
- 0.80 lot acres
- Property size
- 4,800 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property presents a compelling investment opportunity in the thriving heart of Bloomfield, New Mexico. Situated on a prominent 0.8-acre lot with 250 feet of frontage along West Broadway (US 64 and US 550), this high-traffic location ensures maximum visibility and accessibility. The 4,800-square-foot building is currently 100% leased, providing immediate and consistent cash flow. The property comprises three updated retail suites, generating rental income from tenants secured on multi-year leases. Adding to its value, an additional 0.32-acre vacant corner lot is also leased, offering further income potential or future expansion possibilities. Ample parking is available both in front and behind the building, ensuring convenience for tenants and customers. The property's strategic location places it in close proximity to essential amenities such as banks, grocery stores, and schools, further enhancing its appeal and attracting a diverse clientele. This turnkey investment offers a rare opportunity to acquire a fully leased, high-performing commercial property in a prime location with significant growth potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bloomfield
- County
- San Juan
- State
- New Mexico
- Longitude
- -107.878
- Latitude
- 36.6263
