# 2050 KNUDSEN Avenue, Farmington, NM 87401

> **TL;DR:** commercial, $2,900,000 ($176/sqft), 16,498 sqft. Est. $12,567/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,900,000 |
| Price/sqft | $176 |
| Square Feet | 16,498 |
| Lot Size | 54,014 sqft (1.24 acres) |
| Stories | 2 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $12,567 |
| **Total** | **$12,567** |

## Property Highlights

- 1.24 acre lot
- 2 stories
- 21 parking spaces

## Description

### Agent Description
Modern Multi-Use Commercial Building | 16,498.8 Sq. Ft. | High-Income Tenant + Expansion Potential - REC CONSIDEREDThis upscale, newer-construction commercial property offers a rare investment opportunity, a beautifully designed, versatile building with strong income streams, minimal overhead, and excellent room for growth.Highlights & Features     16,498.8 sq. ft. commercial building with 8 total units, 6 fully finished.     Two upper-level live/work or executive-style suites featuring two bedrooms and two bathrooms each, turnkey and ready for occupancy or rental use (subject to zoning).     Suites offer custom cabinetry, open-concept layouts, and beautiful views of Farmington.Suite 1: 1,516 sq. ft.Suite 2: 1,528.8 sq. ft.     Unfinished main-level units are ideal for retail, professional offices, or customizable tenant build-outs.    Seller will contribute up to $20,000/unit toward finishing-including one restroom and all standard interior finishes such as flooring, drywall, paint, and trim.Strong Lease in Place     Long-term lease with Fresenius Kidney Care Dialysis, a leading national healthcare provider, occupying 7,338 sq. ft.     Lease began three years ago with an initial 10-year term, currently at 9,500/month with 2% annual rent increases.     Initial term ends in 2032, with the tenant holding first right of automatic renewal for an additional 15 years, totaling up to 25 years of lease potential.Conference/Event Space     Includes a 3,032 sq. ft. conference and event venue.     Features two full restrooms, storage, and a fully finished kitchen, ideal for meetings, events, or short-term use.Business & Management Advantages    Optional management in place, offering a low-maintenance, turnkey investment.    High profitability with minimal overhead and potential for additional income once remaining bays are finished.    Perfect for investors seeking stable cash flow, long-term appreciation & flexible expansion.

## Location

- **Address:** 2050 KNUDSEN Avenue, Farmington, NM 87401
- **County:** San Juan
- **Neighborhood:** Valley View Center Hub
- **Coordinates:** 36.749345, -108.188135
- **Google Maps:** https://www.google.com/maps?q=36.749345,-108.188135

## Listing Agent

- **Name:** Tianna King
- **Brokerage:** San Juan Realty
- **Phone:** 5053609814
- **Email:** tiannaraere@gmail.com

## Primary Photo

![2050 KNUDSEN Avenue - Primary Photo](http://lh.rdcpix.com/6f94c1ec5504c58ae38366603d211a1cl-f661824257r.jpg)

*47 total photos available on [listing page](https://www.propertysimple.com/listing/2050-knudsen-avenue-farmington-nm-87401-251338)*

---

**MLS#:** 25-1338 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 San Juan County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/2050-knudsen-avenue-farmington-nm-87401-251338)

---

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