202 California Street Socorro, NM ^$ 700,000

202 California Street

^$ 700,000

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202 California Street

Socorro, NM, 87801

^$ 700,000

Studio Baths0.0

Monthly Estimate*

^$ 4,890

202 California Street, Socorro, NM 87801 - Image 1

202 California Street, Socorro, NM 87801 - Image 2

202 California Street, Socorro, NM 87801 - Image 3

202 California Street, Socorro, NM 87801 - Image 4

Studio

Commercial Property for sale in Socorro, NM

for $700,000. The lot size is 2.39.

Don't miss out on this exceptional commercial real estate opportunity in the lovely little city of Socorro! Situated on the city's busiest street, with a commanding frontage on California Street, this property spans a total of 2.319 acres. Perfectly positioned just one block from the historic Plaza district, it offers unmatched visibility and accessibility for businesses looking to thrive in this up and coming community.Features:Three prime commercial parcelsIdeal for retail, offices or mixed-use developmentStrategically located for maximum exposure and foot trafficZoning conducive to various commercial venturesPotential for significant return on investmentPerfect for an investor seeking a lucrative opportunity or a developer with a vision for commercial space.

Commercial Active

Price

^$ 700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,534

Style

Building

Lot Size

2.39

Town/City

Socorro

County/Region

Socorro

MLS | Web ID

1058338

Features

General

Heating NaturalGas

Cooling CentralAir

Utilities ElectricityConnected SewerConnected WaterAvailable WaterConnected

Construction Materials Adobe Block Frame Stucco

Property SubType Building

Gross Income 64800.0

County Socorro

Operating Expense 19440.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Active

Directions Heading South Take exit 150 for US-60 W/I-25BL toward Socorro/Magdalena. Continue on I-25BL/US-60 W. Drive to N California St. There are 3 commercial buildings in this listing: 202 California A&B 216

City Socorro

Buyer Agent Compensation 3%

Disclosures RANM2100Disclosure

View Y/N N

Senior Community Y/N N

Zoning Description C-1

MLS Area 621 - South Socorro

Lot Size Square Feet 104108.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name California

Listing Terms Cash Conventional FHA

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 8534.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Leasable Area 80.0

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 1

Lease Type SeeAgent

Standard Status Active

Legal Description SOCORRO GRANT SEC-22 0.793 AC SOCORRO GRANT SEC-22 1.168 AC SOCORRO GRANT SEC-22 0.057 ACSOCORRO GRANT SEC-22 0.27 AC

Exterior

Water Source CommunityCoop

Total Parking 20.0

Spa N

Lot Size Acres 2.39

Lot Size Source PublicRecords

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 Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Electric On Property Y/N N

* Excluded Features

List By

Laura Tacker

Listing Agent

Coldwell Banker Legacy

Broker

Laurasellsnm@outlook.com

Affordability Calculator

$5,601

Per Month

Monthly Principal & Interest: $4,890
Monthly Property Taxes: $711
Monthly Home Insurance: --

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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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Nearby

Trends
Schools

Commerical listings in Socorro, NM

Average List Price ^$724,975

Percent of Sale Price 4%

About Socorro, NM

9,075 Population

2% Since 2002

^$39,592 Median Income

35.08 Median Age

19% 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
3/7/2024	$700,000		Listed Price

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202 California Street, Socorro, NM, 87801 is a Commercial Property for sale at $700,000 with a lot size of 2.39. 202 California Street is a studio with 0.0 baths. The property's zip code is 87801 which is in Socorro, 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 4/30/2024.

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202 California Street

Commercial Property for sale in Socorro, NM

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