1205 1St St Magdalena, NM 87825
- Commercial real estate
- 1,600 SF
- 0.27 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1205 1St St
- Year built
- 1965
- Lot size
- 0.27 lot acres
- Property size
- 1,600 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 1205 W First Street in Magdalena, NM, presents a unique investment opportunity. Situated on a highly visible corner lot (.27 acres) at the intersection of Highways 60 and 107, this 1,600 square foot building boasts a prime location within the Village of Magdalena. The property has undergone a complete renovation, including a new roof, windows, garage doors, and entry door. Interior improvements are equally impressive, featuring new insulation, sheetrock, and paint throughout the office and restroom areas. The restroom is ADA compliant, ensuring accessibility for all. A new septic system has been installed, addressing a key infrastructure element. The property is connected to city water and benefits from a newly installed 2-inch waterline—the only one of its kind in the entire Village. Adding to its functionality, one of the garage bays includes an operable lift. The building is powered by a 200-amp service. Approximately 800 square feet of the building is dedicated to garage space. The possibilities for this versatile property are truly endless, making it an ideal choice for a variety of commercial ventures. Its strategic location and recent renovations make this a turn-key opportunity for immediate occupancy and operation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Magdalena
- County
- Socorro
- State
- New Mexico
- Longitude
- -107.252
- Latitude
- 34.1137