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The Game Center 820 Sullivan Ave 5,105 SF 100% Leased Flex Building Farmington, NM 87401 $625,000 ($122.43/SF)
INVESTMENT HIGHLIGHTS
- Extensively renovated in 2019
- 53 parking | 157 Occupancy
- Located for good visibility and access.
EXECUTIVE SUMMARY
Extensively renovated in 2019, this former bar/gaming center offers excellent potential for many uses, e.g., an event center, a retail space, office space, etc.. Occupancy is 157 and there are 53 designated parking spots plus additional off street parking is available. This building is located city central, approximately 300ft off a signal-controlled intersection with good traffic count for high visibility and easy access. Notable improvements to the property include the addition of extensive fiber optics, a wifi enabled sign for computer input changes, new stucco, new flooring, new fixtures, a bar, several counters, display cases, multiple wifi hookups, handicapped accessible bathrooms, and upgrades to the following; HVAC system, plumbing, electrical, lighting, hot water heater, sprinkler system, security system, parking lot, and partial roof replacement. Also notable is that the main space/game room has main entrances from the front or rear and can be opened up even more with the removal of the stage/platform and/or stage/platform separation wall which are not structural. Window tinting is removeable. Floorplan and detailed renovation plans are available. Call for additional details.
PROPERTY FACTS
| Price | $625,000 | Lot Size | 0.74 AC |
| Price Per SF | $122.43 | Rentable Building Area | 5,105 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Flex | Year Built/Renovated | 1980/2019 |
| Building Class | C | Parking Ratio | 8.42/1,000 SF |
| Zoning | General Commercial | ||
| Price | $625,000 |
| Price Per SF | $122.43 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.74 AC |
| Rentable Building Area | 5,105 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2019 |
| Parking Ratio | 8.42/1,000 SF |
| Zoning | General Commercial |
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 4004867 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $211,260 |
PROPERTY TAXES
Parcel Number
4004867
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$211,260
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The Game Center | 820 Sullivan Ave
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