This featured auction from the Freedom Realty Exchange is for the bank-ordered auction of a +/-31,848 SF retail center located along Tenth Street in downtown Alamogordo, NM. The building sits on just over 1.63 acres of land and has great exposure to the highly traveled Tenth Street corridor. It carries a C-3 Business zoning which allows for a variety of commercial uses. The property is partially occupied with some leases in place through 2014 on square footage from 770-5,000SF.
Given everyone’s hectic schedules during the holidays, the bid deadline was scheduled for February 9th at 5pm MST in order to allow all of the interested parties enough time to perform their due diligence. Though February 9th may seem far off, the clock is ticking and this property must sell. The bank has set an aggressive minimum bid of $350,000 so you better hurry so you don’t miss out on the opportunity to pick up an income producing property at a deeply discounted price.
Check out all of the online auction details, see more photos, and download all of the property documents at FRE.com.
