201 S Main St Belen, NM 87002
For Sale
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This exceptional 1,786 square foot office building presents a compelling investment opportunity in the heart of Belen, New Mexico. Situated within the historic F & E Plaza, this property boasts a prime location and a consistent track record of rental income generation. Completely renovated in 2021, the building is in excellent condition and offers immediate cash flow potential. The current lease, in place until November 2024, provides stability and security, with an option to renew, ensuring continued income stream. The 0.17-acre lot provides ample space for parking and potential future expansion. This property has a long and successful history, having generated rental income from the same tenant for over 25 years, demonstrating its enduring appeal and market viability. The building's central location within the vibrant F & E Plaza offers excellent visibility and accessibility, making it an ideal investment for both seasoned and new investors seeking a stable, high-yield commercial property. The recent renovation ensures modern amenities and functionality, minimizing future maintenance costs and maximizing long-term value. This is a rare opportunity to acquire a proven, income-producing asset in a desirable location. The strong tenant history and lease terms provide a solid foundation for continued success. Don't miss this chance to secure a piece of Belen's rich history and thriving commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.