455 Highway 314Los Lunas, NM 87031

Property Details for 455 Highway 314

Lot size

0.62 AC

Property size (Sq ft)

7,190 SF

Property type

Retail properties

Property subtype

Self storage facilities

Description

This exceptional Los Lunas, NM retail property, located at 455 Hwy 314 SW, presents a unique investment opportunity. Built in 1985 and boasting 7,190 square feet on a 0.62-acre lot (Parcel numbers: 1009038246202000000 and 1009038247210000000), this property features a well-established laundromat with 24 washers and 12 dryers, a 3-bay self-service car wash with vacuum canopy, and ample self-storage space. The building, constructed of concrete split-face block and steel purlins, is over-engineered and has a foundation and roof designed to support a second-story apartment. The property includes a fenced playground and 12 parking spaces. Plumbed for efficient hot water use in both the car wash and laundry, minimizing waste and costs. A prominent pole sign along Highway 314 ensures high visibility. The asking price of $698,698 does not include the value of the equipment or business income. Zoned C-1, this property offers significant potential for future development and expansion. This is a rare opportunity to acquire a well-maintained, established business with strong potential for growth in a desirable location.

Location Insight

City

Los Lunas

County

Valencia

State

New Mexico

Latitude

34.8031

Longitude

-106.737

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