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804 S Main St
Belen, NM 87002

$699,000 USD

Storefront For Sale  •  4,820 SF

Property Details

  • Property Type Storefront
  • Total Building Size 4,820 SF
  • Lot Size 0.5 AC
  • Building Class C
  • Year Built 1985
  • Tenancy Single
  • Zoning C-4
0 Transit Score
56 Walk Score

Highlights

Current Tenant on a 6 year lease that commenced on June 1st, 2023.
Tenant paying $6000 per month with 3% annual increases.
Owner pays property taxes and insurance ONLY which equates to roughly $450/month.
Property located in the heart of Belen on Main Street close to restaurants, retail, hospitality and residential housing.

Financial Summary (Actual)

Net Operating Income: $70,884 USD (2023)
Total Expenses: $5,500 USD

Amenities

  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Belen (Rail Runner Express - New Mexico Rail Runner Express) 3 min - 1.7 mi
Belen Rail Runner Station (NMRX - Rio Metro Regional Transit District) 4 min - 1.7 mi
AirportDriveWalkDistance
Albuquerque International Sunport 49 min - 33.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Chris Byrd 505-710-5088 R1 Commercial
Chris Byrd 505-710-5088 R1 Commercial