This exceptional commercial property in Farmington, NM, presents a lucrative investment opportunity. Located on a high-traffic corner at W Main and Airport Drive, this 32,305 square foot property sits on a 2.19-acre lot, encompassing an entire city block. The brick/block construction features six potential rental units, currently with one existing tenant. Unit 1, an existing car lot, includes a gated outdoor area, private fenced storage, and a spacious showroom with updated HVAC, multiple offices, and reception areas. A split-level upper floor offers additional office space and storage. Unit 2, a 1,350 square foot space, has a private entrance, common area, offices, and storage. Unit 3 is a substantial 15,000+ square foot heated shop boasting 20-foot ceilings, abundant natural light, four large roll-up doors, multiple offices, restrooms, auto lifts, and a wash bay. Unit 4 provides 8,730 square feet of three-floor storage, including cold storage, and an office. Unit 5, a leased shop, features roll-up doors, offices, a restroom, and private parking. Finally, Unit 6 is a smaller detached shop. The property's prime location and substantial size offer significant potential for rental income and future development. The potential for negotiating the inclusion of existing business assets, including supplies and receivables, adds further value to this compelling investment.
Commercial real estate - High-traffic location, multiple income streams
Where is the commercial real estate located?
The property is located at 130 Airport Dr Farmington, NM.
What is the asking price?
The asking price for this property is $2,500,000.
How can I contact the broker?
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Airport Dr Farmington, NM 87401
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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130 Airport Dr
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