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9,011 sqft

$750,000

4723 Highway 314, Los Lunas NM, 87031

Price per sqft$83.23
Property size9,011 sqft
Property typeCommercial
Courtesy of Keller Williams Realty

Overview

Active

Listed Sep 25, 2026

Updated 11 days ago

Commercial investment and owner-user opportunity located along NM-314 in Los Lunas! The entire property is offered for sale at $750,000, with two commercial suites also available for lease at $12.00 per square foot annually! The property features one shopping strip center and a 2,281 SF mobile home in the back that's leased out on a completely separate lot. The house and retail space are completely leased out except 2 units, including one that's been freshly updated with fresh paint and new flooring. The building has undergone many large renovations including a newer roof, new commercial septic, new driveway, and much more!This location is a very pivotal part of the Los Lunas community with a great sense of grass routes community and history. The tenants in place offer much under-served resources the growing town is needing!The 2,281 SF mobile home is located at the rear of the property on a separate lot, creating additional rental income. Currently rented out at $1,240/m. The Tenant is able to access the property from the rear entrance. This is a clean property and the tenant has done a great job at keeping it clean. Tenant has been long term. The property's flexible layout makes it suitable for an owner-user, investor, or multi-tenant operation.Along an established commercial corridor, the property offers convenient access and visibility for a variety of retail, office, service, fitness, educational, or similar commercial uses.Don't miss out on the growth coming to this area!Unit A: Mary's KitchenUnit B: Ricky's BakeryUnit C: Ricky's Pizza ParlorUnit D: VacantUnit E: Vacant

Additional information

MLS® ID
1111534

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.49 Acres

Other Property Details

Taxes
$4,774
Tax Frequency
Annually
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The information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ralph Alan Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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