City of Farmington Ionwave #26-168063

Sale and Redevelopment of Historic Residential Property in Farmington, NM

This opportunity involves the sale and redevelopment of a historic residential property in Farmington, New Mexico. - Government Buyer: - City of Farmington, New Mexico - Central Purchasing office - Property Details: - 2,544 square foot residential building - Located at 210 N. Allen Ave, Farmington - Built in 1878, situated on 0.44 acres in the Arts and Cultural district - Requirements and Notable Details: - Property requires significant improvements: water and environmental remediation, foundation and roof repair - Emphasis on historic preservation; deed restrictions may apply - Proposals must align with the Metropolitan Redevelopment Area (MRA) Plan - Interested parties should describe their vision, proposed renovations, end use, relevant experience, and support for MRA objectives - No OEMs or vendors are specified, as this is a real estate sale rather than a procurement of goods or services.

Description

The City of Farmington, New Mexico is seeking interested parties to purchase a residential building located at 210 N. Allen Ave in Farmington, New Mexico. The property is a 2,544 square foot residential space on 0.44 acres, originally built in 1878, currently managed by the City. The building requires significant improvements including water and environmental remediation, foundation, and roof repair. The City is looking for a developer interested in acquiring the property and preserving its historic nature, with potential deed restrictions. Interested parties should submit a letter of interest outlining their vision, experience, and how their project aligns with the Metropolitan Redevelopment Area Plan.

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