Established Feed & Hardware Store for Sale in Estancia NM

Retail-Commercial for Sale
Catylist Listing ID: 30290419
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 6,000 SF
Gross Land Area: 0.94 Acres
Sale Price: $410,000
Unit Price: $68.33 PSF
Property Use Type: Vacant/Owner-User
Building Name: Gustin Hardware
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 11/14/2018

Overview / Comments

Established Business for sale located in central NM. Successful commercial retail business anchored in the agricultural community of Estancia New Mexico. Located at 506 5th Street right along Hwy 41 in Torrance County with about an hours drive to Albuquerque and an hour and twenty minutes to Santa Fe NM. Close to the Hwy 60 and I-40 corridors. This business has been providing hardware, feed and farm and ranch supplies for the past 15 years. Historically this property served as a mechanics and welding shop and later as a feed store. Great opportunity for a retail sales business or an investment income property of your ideas. AG New Mexico may finance under certain terms. Come establish your dream in small town rural America in the Estancia Valley of New Mexico. Contact Mike Gustin United Country Farm & Home Realty at 505-264-3769 for additional information.

Additional Details

Nearest MSA: Albuquerque
County: Torrance
Taxing Authority: Torrance County, Town of Estancia
Retail Clientele: General
Property Located Between: At the southeast corner of 5th Street (NM Hwy 41) and Highland Avenue
Property Visibility: Excellent
Largest Nearby Street: 5th Street ( NM Hwy 41)
Feet of Frontage: 135
Highway Access: Direct access to NM Hwy 41. Approximately 18 miles south of I-40. Approximately 10 miles north of US Hwy 60. NM Hwy 55 is 1 block south of the store.
Airports: Albuquerque Sunport, Town of Estancia Airport, City of Moriarty Municipal Airport
Site Description: The property is at the southwest corner of Hwy 41 and Highland Avenue. Located in the business district of the Town of Estancia. The post office and EMW Gas Company are across the street on Highland Avenue.
Area Description: Estancia is the county seat of Torrance County. Torrance County is a rural agricultural area.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 6,000 SF
Property Condition: Good
Roof Type: Flat
Construction/Siding: Stucco
Exterior Description: Exterior of building consists of adobe and block with stucco. Fenced in storage yard with an entrance gate on the north side and one on the east side. Fenced in area contains one lot that does not convey. Lean to roof for additional feed and inventory storage.
Parking Type: Surface
Parking Description: On street and on-site parking available.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Evaporative Cooler
Internet Access: DSL
Interior Description: Interior of the main building consists of three rooms housing sales inventory, store office, private bathroom. Combination of adobe and block walls. Rear room for additional inventory, sales items check in space, small break room and maintenance room. Feed room with enclosed box car and storage for feed sacks.
Zoning Description: C-1
Lot Frontage: 135'
Lot Depth: 325'
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Photograph of Listing Agent

Myra Oden

United Country Farm & Home Realty
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