For Sale
$520,000

4240 Us-64Kirtland, NM 87417

Highway 64 Frontage, Established Business

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional commercial property in Kirtland, New Mexico, presents a lucrative investment opportunity. Located on a prominent corner lot at 4240 US-64, this 43,560 square foot parcel boasts 200 feet of highway frontage, ensuring high visibility and accessibility. The property includes a well-established four-bay car wash with a fifth bay suitable for a mechanical shop, plus a vending station. A substantial shop building features three overhead doors, two offices, and a reception area, complemented by a detached double garage. On-site residential components include a double-wide mobile home with two additions (currently owner-occupied, with an estimated rental value of $1,000 per month) and a single-wide mobile home generating $600 in monthly rental income. Both mobile homes offer potential for live-work arrangements or continued rental income. The shop building also generates rental income, ranging from $800 to $1,000 per month. All rental agreements are month-to-month, providing flexibility for the new owner. The car wash operation, currently owned by the seller, averages a net monthly income of approximately $1,400, subject to seasonal variations. The property is situated within Kirtland city limits, providing access to all utilities, including sewer. Personal property, including furnishings in the double-wide mobile home, may be negotiable. A 24-hour notice is required for interior viewings of the rented portions. This turnkey operation offers a diverse income stream and significant potential for growth. The asking price is $520,000.

Property Details for 4240 Us-64

Property type
Land

Location Insight

City
Kirtland
County
San Juan
State
New Mexico
Latitude
36.740622981355
Longitude
-108.35008629584
4240 Us-64, Kirtland, New Mexico

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4240 Us-64
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