1617 Silver Heights Boulevard Silver City, NM 88061

Retail Residence

Beds

Baths

11,508 Sq. Ft.

0.97 Acre Lot

Property Activity

Time on Site

days

Days on Market

Views

Saves

Last updated on 12/27/2024 9:03 AM

Listing Details

EXCEPTIONAL INVESTMENT OPPORTUNITY!!! The Pinon Plaza is a fully occupied shopping plaza at the junction of one of the highest traffic count and highest visibility intersections in Silver City. This property is being offered at a very respectful 9.5% capitalization rate, boasting the prospect of imm...ediate income and significant growth potential. Currently, there are 12 rental units occupied by a diverse portfolio of proprietors, each contributing to a robust income stream. The Pinon Plaza is located at the intersection of Hwy 180 and Hwy 90, ensuring maximum visibility and sustained demand. Its impeccable maintenance and strategic location serve as a testament to its appeal, drawing a steady flow of tenants and customers alike. Continue reading

MLS#

20241558

Property Type

Retail

Year Built

1950

Square Feet

11,508 sq. ft

Price per Sq. Ft.

$62.65

Lot Size

0.97