503 N Auburn Ave, Farmington, NM 87401

$375,000

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List Price
$375,000
Status
ACTIVE
Days on Market
6
MLS#
20264173
Subtype
Commercial Sale
Year Built
1910
Lot Size
81,021
Acres
1.86
MLS Area Major
New Mexico Mls

Property Description

''Marrn Rojo'' Beautifully updated 2,571-square-foot office building located on the highly visible corner of Auburn Avenue and Apache Street near Downtown Farmington. Originally a classic residence and later converted to medical office space, this unique property combines character with functionality. Situated on 1.86 acres, approximately 1.45 acres are zoned Office & Professional, while the remaining acreage is zoned Single Family-7, offering flexibility for future development or expansion. The interior features a welcoming reception and waiting area with an antique fireplace, spacious entry, covered front deck, reception area, kitchen/break room, 8 private offices, 4 storage rooms, and 2 bathrooms. Current zoning allows a variety of potential uses without rezoning, including medical or professional offices, real estate offices, group care facilities, senior living, daycare, barber or beauty salons, bed and breakfast, and other compatible business ventures. With rezoning, the property may also offer excellent potential for short-term rental or other residential investment opportunities. Additional features include an ADA-accessible side entrance, ample parking with room for RVs, buses, or fleet vehicles, mature shade trees, detached storage shed, central HVAC, and a 40-gallon water heater. This versatile property offers exceptional business, investment, or redevelopment potential in one of Farmington's most accessible locations. Owner will consider carrying loan.

Additional Information

Taxes
$3,344
Heating
Forced Air, Natural Gas
Roof
Pitched, Shingle

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Calculator source: Real Geeks

Listing courtesy of Exp Realty, LLC.