Active

723 Mechem Drive

Ruidoso NM, 88345

$1,175,000


$244.79 per sqft

Active

3 Baths

4,800 sqft

Commercial

Built in 1985

Turnkey, well established, profitable laundromat business for sale with building and prime commercial land. Fantastic location with high volume drop off and self-service totaling over $300k/year gross. 10% Cap rate. There is an approximate 600 sq feet additional space currently used as a nail salon but would be perfect 'coffee shop' spot as this is a high traffic area between Albertsons the Movie theater and the Sierra mall. Owner financing considered.

131870

MLS ID

December 6, 2024

Listed

December 13, 2024

Updated

Map

723 Mechem Drive
Ruidoso NM, 88345

Interior Features

Total Stories

1


Total Bathrooms

3


Half Bathrooms

3


Interior Features

Other


Appliances

Dryer, Washer, Washer/Dryer Stacked, Other, See Remarks


Floor Description

Other


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Evaporative Cooling


Heating

Yes


Heating Description

Central, Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.65 Acres


Lot Features

Irregular Lot, Level


Architectual Style

Other


Roof

Flat


Sewer

Public Sewer

Other Property Details

Area Name

Ruidoso


Garage

No


Parking

On Site, Parking Lot, Paved


View

Yes


View Description

Trees/Woods


County

Lincoln


Water Source

Public


Pool

No

Listing History

Date

Event

Price

12/12/2024

Price change

$1,175,000

-33%

12/11/2024

Price change

$1,750,000

48%

Listed by Scott L. Roser with Roser Real Estate
Listing Contact: 575-808-1297 

The IDX display contains information sourced from the Ruidoso/Lincoln County Association of REALTORS® as of 12/13/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Ruidoso/Lincoln County Association of REALTORS® all rights reserved.

Data last updated on 12/13/2024 at 8:27 PM UTC

Powered byLuxury Presence