TITLE:
601 E Coal
CONTROL:
Exclusive
VALUE:
$495,000
LOAN:
$0
EQUITY:
$495,000
TYPE:
Office Building
HAVE:
This 22,963 square foot industrial building was previously leased long-term to Indian Jewelry Supply Manufacturing Co. and is now vacant. Originally appraised at $725,000 in September 2019, the price has been reduced.
ADDRESS:
601 E Coal, Gallup, New Mexico
BENEFITS TO NEW OWNER:
Owner Financing on this Vacant building. Ideal for redevelopment of Storage Units,
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$0
NOI:
$0
DEBT SERVICE:
$0
CASH FLOW:
$0
CAP RATE:
0.00%
BENEFITS SOUGHT:
Income for Non-profit
CAN ADD:
Additional Paper
REMARKS:
The property features two levels, including a mezzanine, elevator, and basement. Approximately 62% of the space is finished office, with the remaining 38% designated for warehouse use. A gas-fired backup generator.
COUNSELOR:
Gary Bernier
Vista Real Estate Solutions
PO Box 37376
Albuquerque, New Mexico, 87176
