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603 Mechem Drive, Ruidoso, NM 88345

$750,000
Property Type: Commercial Sale Square Footage: 3,414 Lot Size (sq. ft.): 230,868 Status: Closed
Current Price: $750,000 List Date: 6/02/2021 Last Modified: 7/02/2021

Description

Here is your chance to own an iconic Ruidoso property on Mechem Dr a main commercial corridor through town. With 5.29 plus acres and over 530 feet of street frontage and about 600 + feet deep. Zoned C-1 which allows: retail, lodging, office, restaurants, etc. There is good traffic visibility and frontage road access. Residential development is possible as a Conditional use. Three buildings on the property: main house 2138 sq ft, 4 bdrms 2 baths, 2 car garage. Plus, 2 - 638 sq ft, - 2 bdrm cabins, all to be sold ''as is''. With 5.29 acres available there are multiple possibilities for development including subdividing into several smaller lots or one large project.

More Information MLS# 988148

Status Change Info

Pending Date: 2021-06-04 Closing Date: 2021-07-01

Contract Information

Listing Price: 750000 Current Price: $750,000 List Price/SqFt: 219.68 Status: Closed

Location

Street #: 603 Street Name: Mechem St Suffix: Drive County: Lincoln City/Town Code: Ruidoso State/Province: NM Zip Code: 88345 Directions: At the corner of Sudderth and Mechem go North on Mechem for approximately .8 tenths of a mile to property on the West side of the road. Geo Lat: 33.343344 Geo Lon: -105.675708 Area: 500 - Lincoln Zone Atlas: NOZA

General Property Description

Property Sub-Type: Developed Land Apx Structured SqFt: 3414 SqFt Source: Per Appraisal Acres: 5.3 Lot SqFt: 230868 Apx Lot Dim Front: 530 Apx Lot Dim Side: 600 + Lot Description: Commercial Acreage Lot Size Source: Per Appraisal Flood Zone: X Total # Stories: 1 # Parking Spaces: 4 Docks: No Disability Access: Unknown HVAC: No % Occupied: 50 Transaction Type: Sale

Tax & Legal Info

UPC Code: 4071064499175 Short Legal Desc: Lot A, Block 4 Young Heights subdivision GRT Code: 26-112 Current Taxes: 2864.78 Tax Exemption: Unknown

Miscellaneous

Land Ownership: Land Owned

Sales Info

Seller Assist Ofrd: No Trade/Xch Considered: No

Property Features

Location: Highway Frontage; Other - See Remarks; Highway Frontage; Other - See Remarks Construction: Frame Exterior Material: None Road Surface Type: Paved Utilities: Community Water; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: Natural Gas Cooling: None Lease Information: Other - See Remarks Parking: Onsite Docs/Data Available: None Finance Considered: Cash; Conventional Zoning: C-1
Listing Office: ABQ Home Brokers
Last Updated: July - 02 - 2021

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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