811 College Avenue
Potential Uses
Restaurant - Fast Food/Dining/Brewing, Retail - Freestanding, Retail - Convenience Store, Retail - Grocery Store/Supermarket, Retail - Strip Mall/Shopping Center, Automobile Dealership, Automotive Services, Bank/Financial Institution, Offices, Professional Offices, Doctors Office, Pharmacy, Medical Services, Residential - Apartments/Multi-Family, Church/Worship, School, Government, Self Storage
Property Description
This 5400 square foot corner property has 45 feet of frontage on College Ave. and 120 feet of frontage on 9th street, with an alley west of the property which can be used for ingress/egress to the lot. Located just one block from 10th street, Alamogordo’s primary east-west arterial thorough-fare, this building site can be used for many retail uses, for professional offices and medical offices, and apartments. All utilities are to the property or in the immediate area. This property is zoned C-2 neighborhood business, requiring 3 sq ft of parking for each 1 sq ft of building, if used for business purposes. There is no building:to:parking ratio requirement for apartment use.
Property Size
This 5400 square foot corner property has 45 feet of frontage on College Ave. and 120 feet of frontage on 9th street, with an alley west of the property which can be used for ingress/egress to the lot.
Price
$25,000
Utilities
All utilities are to the property or in the immediate area.
Zoning
C-2 Neighborhood business This zoning does not allow use “for an arcade, liquor store (marijuana dispensary) or other use detrimental to residential cohabitation that might involve residents’ safety or financial depreciation of surrounding property.” Additional restrictions to off-site parking apply. See item 7 of the March 21, 1988 City Commission Regular Meeting Minutes, approval of C-2 zoning for 811 College Ave, copy attached. (C-2 zoning was previously designated D-2 zoning)
Access & Easements
Access for multi-family use is by 9th street and College Avenue. Access for C-2 business use is by 9th street, per C-2 zoning approval restriction.
Flood Zone
Flood Zone A-H
Neighbors
Neighbors include Dollar General, Precure Chiropractor, Planet Fitness, and the Counseling Center.
Detriments
This property is zoned C-2 neighborhood business, requiring 3 sq ft of parking for each 1 sq ft of building, if used for business purposes. There is no building:to:parking ratio requirement for apartment use. This zoning does not allow use “for an arcade, liquor store (marijuana dispensary) or other use detrimental to residential cohabitation that might involve residents’ safety or financial depreciation of surrounding property.” Additional restrictions to off-site parking apply. See item 7 of the March 21, 1988 City Commission Regular Meeting Minutes, approval of C-2 zoning for 811 College Ave, copy attached. (C-2 zoning was previously designated D-2 zoning) Use of this property must comply with the Restrictions Agreement with NS Retail Holdings, protecting the Dollar General Store across the street, copy attached. Although length, these restrictions are easy to comply with.
Significant Benefits
Located just one block from 10th street, Alamogordo’s primary east-west arterial thorough-fare, this building site can be used for many retail uses, for professional offices and medical offices, and apartments. All utilities are to the property or in the immediate area.
The information and exhibits provided are believed to be accurate. However, no warranty of any kind passes with this information. The responsibility for reliance upon this information rests with the user, who is encouraged to verify any and all information. Michael Shyne or Westsource Corp, LLC is either the Owner, the representative of the Owner, or the real estate Broker for this property.
