Ruidoso, NM 88345,603 Mechem DR
Ruidoso, NM 88345,603 Mechem DR
Ruidoso, NM 88345,603 Mechem DR
23
Listed by ABQ Home Brokers
Bought with ABQ Home Brokers
$750,000
$750,000
Est.Price: ?

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5.3 Acres Lot

603 Mechem DR Ruidoso, NM 88345

Est. payment /mo
SOLD DATE : 07/01/2021

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Key Details

Sold Price $750,000

Property Type Commercial

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 988148

Sold Date 07/01/21

HOA Y/N No

Annual Tax Amount $2,864

Lot Size 5.300 Acres

Acres 5.3

Lot Dimensions Appraiser

Property Sub-Type Unimproved Land

Property Description

Here is your chance to own an iconic Ruidoso property on Mechem Dr a main commercial corridor through town. With 5.29 plus acres and over 530 feet of street frontage and about 600 + feet deep. Zoned C-1 which allows: retail, lodging, office, restaurants, etc. There is good traffic visibility and frontage road access. Residential development is possible as a Conditional use. Three buildings on the property: main house 2138 sq ft, 4 bdrms 2 baths, 2 car garage. Plus, 2 - 638 sq ft, - 2 bdrm cabins, all to be sold ''as is''. With 5.29 acres available there are multiple possibilities for development including subdividing into several smaller lots or one large project.

Location

State NM

County Lincoln

Area 500 - Lincoln

Interior

Heating Natural Gas

Cooling None

Fireplace No

Exterior

Parking Features On Site

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available, Water Connected

Water Access Desc Community/Coop

Total Parking Spaces 4

Building

Story 1

Water Community/ Coop

Others

Tax ID 4071064499175

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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REC-2024-0082

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