304 Hall StHatch, NM 87937

For Sale
$120,000
Barbershop & Apartments, High-Yield Potential

Overview

Added:
Feb 3
Days on market:
72
This unique investment opportunity in Hatch, NM, presents a multi-use commercial property at an attractive price point of $120,000. The property, located at 304 E Hall Street, sits on a 0.05-acre lot and features a thriving, established barbershop occupying the front of the building. The rear of the building houses two residential rental units, providing additional income streams. One apartment offers one bedroom and one bathroom, while the other provides two bedrooms and one bathroom. Both units boast long-term tenants, each having occupied their respective spaces for over a decade, ensuring a stable rental income history. While the property would benefit from some cosmetic improvements and general upkeep, this is reflected in the competitive asking price. The "as-is" sale condition allows for immediate acquisition and the potential for significant return on investment through renovations and property management strategies. This presents a rare chance to acquire a mixed-use property with established income and significant upside potential in a growing market. The property's location in Hatch, NM, offers a strategic advantage for both commercial and residential tenants. Serious investors are encouraged to act quickly on this promising opportunity.

Property Details for 304 Hall St

Property type
Commercial real estate
Lot Size (sq. ft)
2,178 SF

Location Insight

City
Hatch
County
Dona Ana
State
New Mexico
Latitude
32.66536
Longitude
-107.1511
304 Hall St, Hatch, New Mexico

FAQs

What type of property is this?
Commercial real estate - Barbershop & Apartments, High-Yield Potential
Where is the commercial real estate located?
The property is located at 304 Hall St Hatch, NM.
What is the asking price?
The asking price for this property is $120,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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304 Hall St
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