1000 E Santa Fe Avenue Grants, NM ^$ 508,800

1000 E Santa Fe Avenue

^$ 508,800

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1000 E Santa Fe Avenue

Grants, NM, 87020

^$ 508,800

Studio Baths0.0

Monthly Estimate*

^$ 3,554

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Studio

Commercial Property for sale in Grants, NM

for $508,800. The lot size is 0.56.

Wonderful YELP reviews on this clean, well maintained 24 room vintage Route 66 motel $155k gross annual revenue. Located close to Blake's Lota Burger, Pizza 9's, and much more near the well traveled Wal-Mart exit with motels and restaurants.

Commercial Active

Price

^$ 508,800

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,409

Style

HotelMotel

Lot Size

0.56

Town/City

Grants

County/Region

Cibola

MLS | Web ID

1042558

Features

General

Heating Combination

Cooling WindowUnits

Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneConnected SewerConnected WaterConnected

Construction Materials Block Stucco

Property SubType HotelMotel

Gross Income 155000.0

Accessibility WheelchairAccess

County Cibola

Operating Expense 80689.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Building Features Storage

Status Active

Directions From I-40 turn right on exit 85. The property will be on the right after the Blake's Lota Burger.

City Grants

Buyer Agent Compensation 3%

Disclosures RANM2100Disclosure

View Y/N N

Senior Community Y/N N

Zoning Description C-2

MLS Area 680 - Out of Area

Lot Size Square Feet 24306.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Santa Fe

Listing Terms Cash Conventional

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 3409.42

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Leasable Area 65.0

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 189

Lease Type None

Standard Status Active

Property Sub Type Additional HotelMotel

Exterior

Parking Features Assigned

Total Parking 24.0

Spa N

Lot Size Acres 0.56

Road Surface Type Asphalt

Lot Size Source PublicRecords

Road Frontage Type CityStreet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Electric On Property Y/N N

* Excluded Features

List By

Coralee Quintana

Listing Agent

Exp Realty Llc

Broker

coralee.quintana@exprealty.com

Affordability Calculator

$3,838

Per Month

Monthly Principal & Interest: $3,554
Monthly Property Taxes: $284
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Grants, NM

Average List Price ^$377,150

Percent of Sale Price 26%

About Grants, NM

9,380 Population

2% Since 2002

^$35,053 Median Income

36.03 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

537023 Elementary School

537125 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/4/2023	$508,800		Listed Price

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1000 E Santa Fe Avenue, Grants, NM, 87020 is a Commercial Property for sale at $508,800 with a lot size of 0.56. 1000 E Santa Fe Avenue is a studio with 0.0 baths. The property's zip code is 87020 which is in Grants, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

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1000 E Santa Fe Avenue

Commercial Property for sale in Grants, NM

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