• Year Built: 1996
750 Meadow Lake Rd is a mixed-use property for lease in Los Lunas, NM.
Unique Opportunity for parties interested in making over 20% return on their investment. Also the owners will offer generous owner financing terms AND will consider a TRADE for a house or a commercial property IN Albuquerque on the east side of town.
This is a convenience store and gasoline station with a 2800 square foot custom 4 bed house nearby. Total land for both properties is 1.5 acres.
This is a virtual monopoly because the nearest market and gas station is 12 miles away.
This store currently churns out $90,000 in net profits for the current owners. A liquor license to dispense packaged liquor is available and that would for a wide variety of reasons increase the over all gross receipt profits annually at least 25%
The Store and the Home can be sold separately or together.
The Store is priced at $375,000 and includes the inventory on hand at the sale. The Home is priced at $165,000. These prices are WAY below what commercial properties of various types are selling for based on Return on Investment (ROI).
The Home is large enough to be used also for a nursing care home or just a good HOME/OFFICEfor the owners.
Please describe your commercial real estate requirements. We’ll introduce you to local properties that match your criteria.