1743 and 1747 N Grand Avenue Active

Las Vegas,NM 87701

$ 625000

- Bed

- Bath

5040 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,040 sqft

Price per Sqft $124

MLS Listing ID 20250354

Year Built 2009

Annual Tax Amount $4,516

Tax Year 2023

Lot Size 5,040 Sqft

Property Sub-Type Commercial

Property Description

Great long term investment. Two solid long term tenants in place. Two modular office buildings with tons of upgrades and improvements. Offered at an attractive CAP rate. 1743 Grand Ave Leased through November 2026 1,680 square feet New HVAC installed August 2023 New carpet installed November 2022 All interior painted November 2022 1747 Grand Ave Leased through February 2027 3,360 square feet New HVAC installed June 2024 New carpet installed March 2021 All interior painted February 2024 Total of 5,000+- SQFT on 3/4 acre on North Grand Ave in Las Vegas, NM Great location next to the Recreation Center and across from City Hall Buildings are modulars – constructed with architectural drawings in 2009 Buildings are all electric and ADA compliant Shared parking area with 22 spaces Enclosed with a fence

Location

State NM

County San Miguel County

Area New Mexico Mls

Interior

Inclusions Building

Exterior

Utilities Available Electricity

Building

Structure Type Siding-Metal

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