# 2050 KNUDSEN Avenue, Farmington, NM 87401

> **TL;DR:** commercial, $2,900,000 ($176/sqft), 16,498 sqft.
> A/C. Est. $12,567/mo. Listed 234 days.

## 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 | 234 |

## Estimated Monthly Costs

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

## Key Amenities

- A/C

## Property Highlights

- 1.24 acre lot
- 2 stories

## Description

### Agent Description
Modern Multi-Use Commercial Building | 16,498.8 Sq. Ft. | High-Income Tenant + Expansion Potential - REC CONSIDERED This 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:** Richard Buffington
- **Brokerage:** San Juan Realty
- **Phone:** (505) 327-4837
- **Email:** tiannaraere@gmail.com

## Primary Photo

![2050 KNUDSEN Avenue - Primary Photo](http://lh.rdcpix.com/b8bd11e083fb7ffea63296d47bae70f1l-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:** 2026-06-19
**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)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "2050 KNUDSEN Avenue, Farmington, NM 87401",
  "description": "Modern Multi-Use Commercial Building | 16,498.8 Sq. Ft. | High-Income Tenant + Expansion Potential - REC CONSIDERED This 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 a",
  "url": "https://www.propertysimple.com/listing/2050-knudsen-avenue-farmington-nm-87401-251338",
  "image": "http://lh.rdcpix.com/b8bd11e083fb7ffea63296d47bae70f1l-f661824257r.jpg",
  "datePosted": "2026-06-19",
  "price": 2900000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "2050 KNUDSEN Avenue",
    "addressLocality": "Farmington",
    "addressRegion": "NM",
    "postalCode": "87401",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 36.749345,
    "longitude": -108.188135
  },
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 16498,
    "unitCode": "FTK"
  },
  "yearBuilt": null
}
```