219-223 Main St Belen, NM 87002
- Mixed-use properties
- 8,650 SF
- 0.25 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 219-223 Main St
- Lot size
- 0.25 lot acres
- Property size
- 8,650 SF
- Property type
- Mixed-use properties
Description
This iconic Belen, New Mexico property, located at 219-223 N Main Street, presents a unique investment opportunity. The 8,650 square foot mixed-use building sits on a 0.25-acre lot in the heart of Belen's bustling Main Street corridor, benefiting from high vehicular traffic counts. The property boasts excellent visibility and ample parking both in front and behind the building. The existing structures have undergone restoration, showcasing attractive features such as tall ceilings and versatile spaces suitable for multiple uses. Currently, the property generates income through existing leases. The property's prime location and historic character make it ideal for a variety of uses, from retail and office spaces to restaurants and other commercial ventures. Furthermore, the property is also well-suited for redevelopment, offering significant potential for future expansion or repurposing. The asking price for this exceptional investment opportunity is $600,000. Detailed information regarding the existing leases and redevelopment possibilities is available upon request. This is a rare chance to acquire a significant piece of Belen's vibrant commercial landscape.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Belen
- County
- Valencia
- State
- New Mexico
- Longitude
- -106.777
- Latitude
- 34.6621