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$4,105,600 USD
1600 E 32nd St
Silver City, New Mexico 88061
USA
Silver City, New Mexico 88061
USA
Commercial for Sale, Other Commercial Property
Sale price per sqm: 0
Tax: 9,363.52 USD
Remarks:
Great commercial investment property located within Silver City’s 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, 35open 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.
Features:
- Year Built: 1985
Location:
1600 E 32nd St, Silver City, New Mexico 88061, USA
Listed By CENTURY 21 Hacienda Realty
The Commercial for Sale, Other Commercial Property located at 1600 E 32nd St, Silver City, New Mexico 88061, USA is currently for sale. 1600 E 32nd St, Silver City, New Mexico 88061, USA is listed for $4,105,600 USD. If the property located at 1600 E 32nd St, Silver City, New Mexico 88061, USA isn't what you're looking for, search New Mexico Real Estate to see other Commercial For Sale in Silver City.