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2306 Sudderth Dr 5,774 SF Retail Building Ruidoso, NM 88345 $1,299,000 ($224.97/SF)
INVESTMENT HIGHLIGHTS
- Potential for 15 units
- New hot water heater
- Plenty of parking
- $1,500 a month
EXECUTIVE SUMMARY
Location, Location, Location - Welcome to an exceptional investment opportunity! This stunning Multi-Purpose Commercial C-3 building located in the heart of Ruidoso, New Mexico boasts 12 well-appointed rooms, each designed with comfort and style in mind. Perfectly situated in the scenic mountains of New Mexico, this property offers the rare combination of charm, versatility, and income potential. Step out the door and you are in Midtown of Ruidoso, NM -These units can be to be to nightly or long-term rentals. Newly remodeled, most units have new mini splits for heating and A/C, also a New Central Heating and A/C unit. It could be converted to 15 rooms. Ruidoso, NM has a need for rental property. Estimated rental income per room, from $1200.00 to $1500.00 per month per room. There is plenty of parking for residents. This is a MUST SEE.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Building Size
5,774 SF
Building Class
B
Year Built
1960
Price
$1,299,000
Price Per SF
$224.97
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.37 AC
Zoning
C-3 - A Midtown Multi- Purpose Commercial C-3 building.
Parking
12 Spaces (2.08 Spaces per 1,000 SF Leased)
Frontage
140’ on Sudderth Street
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
All utilities included. Flexible office/retail space.
All utilities included. Flexible office/retail space.
All utilities included. Flexible office/retail space.
| Space | Size | Space Use | Position | Available |
| 1 | 400 SF | Office/Retail | - | Now |
| 2 | 400 SF | Office/Retail | - | Now |
| 3 | 400 SF | Office/Retail | - | Now |
1
| Size |
| 400 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
2
| Size |
| 400 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
3
| Size |
| 400 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1
| Size | 400 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
All utilities included. Flexible office/retail space.
2
| Size | 400 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
All utilities included. Flexible office/retail space.
3
| Size | 400 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
All utilities included. Flexible office/retail space.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4072065191101000000 | Improvements Assessment | $132,160 |
| Land Assessment | $70,000 | Total Assessment | $202,160 |
PROPERTY TAXES
Parcel Number
4072065191101000000
Land Assessment
$70,000
Improvements Assessment
$132,160
Total Assessment
$202,160
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2306 Sudderth Dr
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