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Warehouse at N First and Stephens 208 First

5,436 SF Industrial Building Grants, NM 87020 $350,000 ($64/SF)

Investment Highlights

  • Great location 2 blks from old Hwy 66 and traffic light, huge fenced in lot, open floor plan, steel building

Executive Summary

4.5 city lots at corner of 1st St and Stephens, 2 blocks from Santa Fe Ave (old US 66). Appx 31,950 square ft lot (appx .7335 acre)
Steel Frame construction with a pitched metal roof, with appx 5436 square feet floor area. 2 - 12x12 Roll up doors facing First St and another 12x12 roll up door in back of building (zero setback) opening to city alley. One walk in door way.
Zone C-2 (General Commercial)
Building is zero set-back on east side providing extensive parking area.
Asphalt parking area is surrounded by 6 foot chain-link fencing with three-strand barbed wire. Rolling gate.
Sky lights throughout
R-19 insullation
All utilities are accessible. Sewer is ROUGHED IN. Electricity is connected, Natural Gas is plumbed to building.
Loft areas on North and South ends of the buildings provide additional storage or are easily removed.
12x24 workshop area lighted and secured with rolling door.
OWNER Occupied

Property Facts

Price $350,000
Price Per SF $64
Sale Type Investment or Owner User
Property Type
Industrial
  • Flex Light Manufacturing
  • Industrial Warehouse
  • FlexLight Distribution
Lot Size 0.73 AC
Rentable Building Area 5,436 SF
No. Stories 1
Year Built 1980
Tenancy Single
Clear Ceiling Height 13 FT
No. Drive In / Grade-Level Doors 3
Cross Streets Stephens
Opportunity Zone Yes

Amenities

  • Fenced Lot
  • Skylights
  • Fluorescent Lighting

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R16449
Land Assessment
$7,100
Improvements Assessment
$21,733
Total Assessment
$28,833

zoning

Zoning Code C-1 (General Commercial)
C-1 (General Commercial)
  • Listing ID: 24288330

  • Date on Market: 10/13/2021

  • Last Updated:

  • Address: 208 First, Grants, NM 87020

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