• Asking Price $4,105,600

  • 1600 E 32ND ST SILVER CITY, NM 88061

  • 16,000 SqFt
  • Commercial / Resale (MLS)
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Property Details for 1600 E 32ND ST, SILVER CITY, NM 88061

Features

  • Price/sqft: $256
  • Lot Size: 59372
  • Total Units: 2
  • Stories: 1
  • Roof Type: Metal
  • Heating: Electric
  • Construction Type: Frame
  • Exterior Walls: Stucco

Facts

  • Year Built: 01/01/1985
  • Property ID: 919954777
  • MLS Number: 40512
  • Parcel Number: 3-080-101-150-515
  • Property Type: Commercial
  • County: GRANT
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Great commercial investment property located within Silver Citys medical district on the corner of Hwy 15 and 32nd Street. This commercial building currently functions as a medical clinic/Urgent Care Center supporting Silver City and surrounding communities. Constructed in 1985 as medical offices and clinic spaces there are more than 25 rooms and 9 bathrooms. There are 12 covered, 35 open and ADA designated paved parking spaces. A 95 KW photovoltaic inter-tie grid solar system was installed in 2017. A 2,000 sf auxiliary building functions as an IT/training/meeting facility, plus there is a separate 1,200 sf metal storage unit. Tenant triple net lease expires in 12/31/2033. Tenant pays all taxes, insurance, and non-structural repairs. Annual rent income for 2024 (NOI) is $307,920. Rent escalation clause is 2.5%. Annual rent projection for 2033 is $384,550.

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Property Brokerage: Century 21 Hacienda Realty 217 N. Bullard Silver City NM 88061
Copyright © 2024 Silver City Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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