$721,000
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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
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.
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MLS#
20241558
Property Type
Retail
Year Built
1950
Square Feet
11,508
sq. ft
Price per Sq. Ft.
$62.65
Lot Size
0.97
Sewer
Sewer Connected
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Source: Walk Score®
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