For Sale
$425,000

503/517 Main StBelen, NM 87002

High-traffic retail space, great investment!

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Belen, New Mexico commercial property, located at 503/517 S Main Street, presents a compelling investment opportunity. Situated on a 0.78-acre lot, this 8,287 square foot retail building boasts a prime location on the west side of Main Street, just south of Gilbert Avenue, within a high-traffic area. The property comprises eight individual suites, five of which are currently leased, ensuring immediate cash flow. Suite sizes vary, with five offering 1,000 square feet each, two at 750 square feet, and one larger suite at 1,500 square feet. Each suite includes a private bathroom. One suite features upgraded refrigerated air conditioning and central forced air heating, while the remaining suites are equipped with evaporative cooling and radiant heat. The asking price for this well-positioned retail center is $425,000, offering significant potential for growth and return on investment. Its strategic location and diverse suite sizes make it an ideal property for both seasoned investors and those seeking a strong entry point into the New Mexico commercial real estate market. The property's current occupancy and high-traffic location contribute to its strong investment potential. This is a rare opportunity to acquire a well-established retail center in a thriving community. The property is located in Valencia County, New Mexico, zip code 87002.

Highlights

  • 8,287 SF retail building on a 0.78-acre lot in Belen, NM.
  • Prime location at 503/517 S Main Street, high-traffic area.
  • Eight individual suites, five currently leased, providing immediate cash flow.
  • Suite sizes range from 750 SF to 1,500 SF, with five 1,000 SF suites.
  • All suites include private bathrooms; HVAC varies (some upgraded).
  • Asking price: $425,000.

Property Details for 503/517 Main St

Property type
Retail properties, Land
Square Feet
8,287 SF
Lot Size (sq. ft)
33,977 SF

Location Insight

City
Belen
County
Valencia
State
New Mexico
Latitude
34.6569398
Longitude
-106.7785488
503/517 Main St, Belen, New Mexico

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
503/517 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message