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120 S Commercial Ave 7,770 SF 100% Leased Office Building Farmington, NM 87401 $633,944 CAD ($81.59 CAD/SF)
Investment Highlights
- Long term anchor tenant.
- Easy access.
- Multiple suites.
Executive Summary
Downtown Farmington commercial investment opportunity with recent updates and great rental history. The ''Radio Building'' is two stories and 7,750 square feet containing 8 suites. Upstairs is offices and broadcasting studios. Downstairs includes a main lobby area, breakroom and offices. There are two separate suites with their own entrances on Broadway and one on Commercial Ave that is currently used as storage but can be fitted into another lease-able suite.
Property Facts
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Building Size
7,770 SF
Building Class
B
Year Built
1960
Price
$633,944 CAD
Price Per SF
$81.59 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,885 SF
Building FAR
0.66
Lot Size
0.27 AC
Opportunity Zone
Yes
Zoning
Central Business - The central business (CB) district is primarily intended to accommodate the moderate to high intensity business activities.
Amenities
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Storage Space
- Air Conditioning
- Smoke Detector
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0028048 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $212,861 CAD |
Property Taxes
Parcel Number
0028048
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$212,861 CAD
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120 S Commercial Ave
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