503 N Auburn Ave Farmington, NM 87401

2,571 SF 1.48 ac lot Built 1910

Entity Owned Free & Clear

Property ID

US61-0499524

$375,000 2,571 SF

503 N Auburn Ave, Farmington, NM 87401
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This exceptional 43,560 square foot commercial land parcel, located at 503 N Auburn Avenue in Farmington, New Mexico, presents a unique investment opportunity. Priced at $375,000, the property boasts a substantial lot size of 1.86 acres (43,560 sq ft), offering ample space for development or expansion. The property's rich history includes previous uses as a doctor's office and a real estate office, showcasing its adaptability to various commercial ventures. The existing building features a spacious layout encompassing 7-8 offices, 1-2 waiting rooms, a reception area, a kitchen, a storage/IT room, and two handicap-accessible restrooms. Modern conveniences include forced-air heating, two refrigerated air conditioning units, and a security system. Accessibility is enhanced by a ramped side entrance. The property also benefits from abundant parking and well-irrigated grounds. Situated on a prominent corner lot in a well-established area of Farmington (zip code 87401), this property offers significant potential for a variety of commercial uses. The location within San Juan County, New Mexico, provides easy access to local amenities and transportation routes. This is a rare opportunity to acquire a versatile commercial property with significant potential in a desirable location.