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116 & 118 State Road 4

Price: $1,700,000

MLS: 201903537
Status: Active
Type: Multi/Mixed Use
Acres: 0.9395
Area: 57-White Rock
Total Sqft: 4346

Presenting Broker:
Paul Duran
505-310-5566
Email Paul
Listing Broker:
Laura Barber
Sotheby's Int. RE/Washington
This is a rare opportunity to own a landmark property with prime frontage on the main thoroughfare in White Rock, NM. This offering consists of two separately deeded lots (40,929 sf) comprising nearly 460 feet of prime frontage property located directly on State Road 4 with high traffic exposure. This versatile property is currently utilized as a restaurant (Time Out Pizzeria); however, the possibilities are limitless given its C-3 Zoning designation - Heavy Commercial District. The building is ~4,346 sf and the new owner can continue to utilize it as a restaurant or can convert the space into commercial retail, office space, or one of the many different uses permitted by Los Alamos County. This is an excellent location that is well positioned to benefit from this rapidly growing community. Located directly across from the White Rock Visitor Center and less than a half mile from a brand-new housing development (The Mirador, with over 160 new homes anticipated), this is a terrific opportunity to participate in White Rock's future growth that is now on the foreseeable horizon. With two separate lots of prime frontage property and numerous permitted use possibilities, the sky is the limit for the future owner to envision the prospects and take advantage of this exceptional ownership opportunity!

Additional Information

Price: $1,700,000
Days On Market: 50
Address: 116 & 118 State Road 4
Lot Size (acres): 0.9395
Age: 21-30 Years
Extras: Disabled Access, Drive-up Windows, Fire Alarm, Floor Drain, High Visibility, Kitchen Area, Outside Storage, Paved, Refrigerated AC, Refrigerated Spaces, Restrooms, Retail Frontage, Security System, Water Heater
Floor: Carpeting,Tile
Sewage: City
Gas: Natural
Construction: Block,Metal,Steel Siding,Other - See Remarks
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Keller Williams are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.
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