112 3Rd Ave Truth or Consequences, NM 87901
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 112 3Rd Ave
- Year built
- 1940
- Property type
- Specialty properties
Description
This exceptional commercial property, located at 112-A W 3rd Avenue in Truth or Consequences, New Mexico, presents a unique investment opportunity. The property consists of three one-bedroom units, ideal for a variety of commercial ventures. Built in 1940, the building boasts a charming Pueblo Revival architectural style, featuring mostly 12-foot exterior walls, ensuring durability and character. The 12,600 square foot lot provides ample space, enhanced by mature shade trees offering a pleasant atmosphere. A 16 x 10 foot storage shed adds to the property's functionality. The property is well-maintained and features a durable metal roof, minimizing maintenance concerns. The property is zoned for commercial use, opening doors to a wide range of potential business applications. The asking price is $309,000. Existing contents are available for separate purchase, providing a turnkey opportunity for the right buyer. This property's combination of historical charm, functional design, and prime location in Sierra County, New Mexico (zip code 87901), makes it a compelling investment prospect. The property's coordinates are 33.1448299 latitude and -107.2254524 longitude.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Truth or Consequences
- County
- Sierra
- State
- New Mexico
- Longitude
- -107.225
- Latitude
- 33.1448