603 Mechem Drive, Ruidoso, NM 88345 (MLS# 988148)

603 Mechem Drive, Ruidoso, NM 88345

$750,000

Property Type: Commercial Sale Square Footage: 3,414 Lot Size (sq. ft.): 230,868 Status: Closed

Current Price: $750,000 List Date: 3/22/2021 Last Modified: 7/02/2021

Overview

Description

Here is your chance to own an iconic Ruidoso property on Mechem Dr a main commercial corridor through town. With 5.29 plus acres and over 530 feet of street frontage and about 600 + feet deep. Zoned C-1 which allows: retail, lodging, office, restaurants, etc. There is good traffic visibility and frontage road access. Residential development is possible as a Conditional use. Three buildings on the property: main house 2138 sq ft, 4 bdrms 2 baths, 2 car garage. Plus, 2 - 638 sq ft, - 2 bdrm cabins, all to be sold ''as is''. With 5.29 acres available there are multiple possibilities for development including subdividing into several smaller lots or one large project.

Listing Details MLS# 988148

Status Change Info

Pending Date: 2021-06-04
Closing Date: 2021-07-01

Contract Information

List Price/SqFt: 219.68

Location

Street #: 603
Street Name: Mechem
St Suffix: Drive
County: Lincoln
City/Town Code: Ruidoso
State/Province: NM
Zip Code: 88345
Directions: At the corner of Sudderth and Mechem go North on Mechem for approximately .8 tenths of a mile to property on the West side of the road.
MLS Area Major: 500 - Lincoln
Zone Atlas: NOZA
Highway Frontage: Yes
Other - See Remarks: Yes

General Property Description

Property Sub-Type: Developed Land
Living Area: 3414
SqFt Source: Per Appraisal
Acres: 5.3
Lot SqFt: 230868
Apx Lot Dim Front: 530
Apx Lot Dim Side: 600 +
Lot Description: Commercial Acreage
Lot Size Source: Per Appraisal
Flood Zone: X
Total # Stories: Yes
# Parking Spaces: 4
Docks: No
Disability Access: Unknown
HVAC: No
% Occupied: 50
Transaction Type: Sale
# of Docks: 0
Door Height: No

Miscellaneous

Land Ownership: Land Owned

Sales Info

Seller Assist Ofrd: No
Trade/Xch Considered: No

More Information

Tax & Legal Info

UPC Code: 4071064499175
Short Legal Desc: Lot A, Block 4 Young Heights subdivision
GRT Code: 26-112
Tax Exemption: Unknown
Tax Annual Amount: 2864.78

Construction Materials

Frame: Yes
None: Yes

Cooling

None: Yes

Heating

Natural Gas: Yes

Income & Expenses

Annual Oper Expenses: 0
Lease Term/Months: No

Utilities

Community Water: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Road Surface Type

Paved: Yes

Lease Information

Other - See Remarks: Yes

Parking

On Site: Yes

Docs/Data Available

None: Yes

Finance Considered

Cash: Yes
Conventional: Yes

Zoning

C-1: Yes

Property Features

Location: Highway Frontage; Other - See Remarks; Highway Frontage; Other - See Remarks Construction Materials: Frame; None Road Surface Type: Paved Utilities: Community Water; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: Natural Gas Cooling: None Lease Information: Other - See Remarks Parking: On Site Finance Considered: Cash; Conventional Zoning: C-1

Documents

satellite image of property ›

Lead Based Paint Addendum ›

Zoning Map ›

Village Land Use Document ›

Listing Office: ABQ Home Brokers

Last Updated: July - 02 - 2021

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.