Belen, NM Retail Property For Sale

Be part of the exciting new growth & development happening in Belen! Only a skip & jump from Los Lunas & Alb, with 3-major Exits off of I-25. Located right in the heart of Belen, in the busiest part of town, off of Main St. This desirable commercial property is surrounded by both established & new businesses. Exterior & interior of building have had substantial updates, however interior condition remains in reconstruction. Property is a Living Estate and being sold ''As is'' without any guarantees or contingencies of any kind. Sq ft is approximate, it is the buyer's responsibility to measure, if of material importance to the buyer.

Legal Description:

Subd: SCHOLLE ADDITION #3 Lot: 14, 15, 16, & 17 0.35 ACRE 2012 REV

Parcel # 1007028122258000

Welcome to Henry's Shopping Center!

This stable tenant investment is a Retail strip Mall that is located on the highly desirable North Main Street in Belen New Mexico, (just across the street from Belen's new Circle K).

Henry's Center is located on the busy Main Street in Belen which sits approximately 10 minutes from the Facebook data Center & 35 minutes from the Albuquerque International Airport.

Henry's Strip Center has exceptional storefront visibility to Belen's Main Street with approximately 15610 ft², which sits on 1.12+/- Ac.

This value-add potential property sits just south of the hard corner of Aragon & Main St. which boasts the highest traffic count in Belen.

This Seven-unit mall has below market rents with potential to improve. Currently the Mall is 100% occupied.

This listing is for an investor ready for a stable asset, with ROOM for improvement to market trend. Currently @ a 4.641 cap rate return,

☆UNITS 613 & 615 Occupied @ 2160 sq ft.

☆UNIT 617 is occupied @ 3800 sq ft.

☆UNIT 619A is occupied @ 3000 sq ft.

☆UNIT 619B is occupied @ 2750 sq ft.

☆UNIT 621 is occupied @ 1950 sq ft.

☆UNIT 623 is occupied @ 1950 sq ft.

Carlos Bar and Cantina FOR SALE.. FULL DISPENSER LIQUOR LICENSE included in this price with over 3000 sq feet of restaurant and bar area ON 1.8 ACRE lot in the heart of Belen on a prime corner lot with high traffic. Seating capacity of 155+/- including patio area.LIQUOR LICENSE CAN BE SOLD SEPARATE.

Excellent Commercial building located on a corner lot with over 1,100 sq. ft. Property is zoned C-1 with multiple uses for your new business or to have as an investment property. Property has 2 tracts with a total of .28 acre.