1159 Main Street, Los Lunas, NM 87031 (MLS# 854080)

1159 Main Street, Los Lunas, NM 87031

$750,000

Property Type: Commercial Sale Square Footage: 3,200 Lot Size (sq. ft.): 58,806 Status: Closed

Current Price: $750,000 List Date: 11/18/2015 Last Modified: 2/28/2018

Overview

Description

5 bay car-wash, 3 self serve, 2 automatic, 26,900 CPD, Updated POS system, Business currently in operation, 12.3% CAP rate, Additional land for expansion, maybe a coffee shop or small restaurant?

Listing Details MLS# 854080

Status Change Info

Pending Date: 2016-04-01
Closing Date: 2016-04-29

Contract Information

List Price/SqFt: 234.38

Location

Street #: 1159
Street Name: Main
St Suffix: Street
County: Valencia
City/Town Code: Los Lunas
State/Province: NM
Zip Code: 87031
Zip +4: 8399
Directions: I-25 exit 203 NM 6 towards Los Lunas, this is Main Street, 2.5 miles and destination is on the right just west of the river.
MLS Area Major: 700 - Los Lunas
Zone Atlas: EEE10
Freestanding: Yes
Highway Frontage: Yes

General Property Description

Property Sub-Type: Other
Living Area: 3200
SqFt Source: Per Appraisal
Acres: 1.35
Lot SqFt: 58806
Apx Lot Dim Front: ukn
Apx Lot Dim Side: ukn
Lot Size Source: On-Line
Total # Stories: Yes
# Parking Spaces: 20
Docks: No
Door Height: 16
Disability Access: No
HVAC: No
% Occupied: 100
Transaction Type: Business Included
# of Docks: 0

Income Expenses

Annual Gross Income: 177918

Miscellaneous

Land Ownership: Land Owned
Financial Info: Yes

More Information

Sales Info

Seller Assist Ofrd: No
Trade/Xch Considered: Yes

Tax & Legal Info

UPC Code: 1010038192257000000
Short Legal Desc: SUBD: LAND OF TELESFOR SEDILLO SR TRACT: A-1 1.35 AC (B-5-27) 2004 REV LASER CAR WASH
GRT Code: 14-316
Tax Exemption: No
Tax Annual Amount: 5899.36

Construction Materials

Metal Siding: Yes

Cooling

None: Yes

Heating

Gas: Yes

Income & Expenses

Annual Oper Expenses: 85713
Lease Term/Months: No

Utilities

All City: Yes

Trade/Xch Terms

Trade for Other RE: Yes

Property Access

N Property Line: Yes
W Property Line: Yes

Lease Information

Other - See Remarks: Yes

Docs/Data Available

Title Policy: Yes

Finance Considered

Cash: Yes
Conventional: Yes

Zoning

SU: Yes

Property Features

Location: Freestanding; Highway Frontage; Freestanding; Highway Frontage Construction Materials: Metal Siding Miscellaneous: Financial Info Property Access: N Property Line; W Property Line Utilities: All City Heating: Gas Cooling: None Lease Information: Other - See Remarks Finance Considered: Cash; Conventional Zoning: SU

Listing Office: Tier One Partners, LLC

Last Updated: February - 28 - 2018

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