1600 E 32nd St
Silver City, New Mexico 88061, United States

Silver City, New Mexico 88061, United States
Listed By CENTURY 21 Hacienda Realty

The Commercial for Sale located at 1600 E 32nd St Silver City New Mexico 88061 is currently for Sale, 1600 E 32nd St Silver City New Mexico 88061 is listed for $4,105,600. If the property located at 1600 E 32nd St Silver City New Mexico 88061 isn't what you're looking for, search New Mexico Real Estate to see other Commercial for Sale in Silver City .

MLS#: 40512

$4,105,600 USD

The details

Property features

Date Updated: Aug 10, 2024

Construction details

Year built
1985

Description

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.

Location

1600 E 32nd St, Silver City, New Mexico 88061, United States
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Courtesy of Cecilia McNicoll CENTURY 21 Hacienda Realty
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