Espanola- Development Opportunity on Riverside

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30396469
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Movie Theatre, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Status: Pending
Building Size (RSF): 3,060 SF
Gross Building Area: See Agent
Gross Land Area: 19,297 - 83,940 SF
Sale Price: $585,000 - 1,175,000
Unit Price: $191.18 - 383.99 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/7/2019

Overview / Comments

A few lots away, across the street is Lowe's, Walmart Supercenter, and Rue 21, along with other nationally recognized retail stores and restaurants.

3 minutes South from the Ohkay Owingeh Casino Resort.

Perfect for a small free-standing single tenant user in the rear of the property, with enough room and potential for one pad site or use existing building for leasing purposes.

Development Opportunity- Build to Suit option available.

Contiguous with this property is Dairy Queen to the South, and 1/4 of a block away to the North is Big 5 Sporting Goods.

Existing building is +/- 3,060 SF.

Attachments & Media

Additional Details

Nearest MSA: Espa
County: Rio Arriba
Tax ID/APN: 1047122256031
Zoning: B2 COMMERCIAL
Area Description: Come be a part of Espanola, New Mexico's fastest growing Retail & Restaurant Sector. Espanola's N. Riverside Drive has proven to be an ideal destination hub for nearby Northern New Mexico's underserved small towns and farming communities, stretching up to the border of Colorado. 30 minutes from Los Alamos, NM, home of the Los Alamos National Laboratory- which has one of the highest concentration of millionaires per capita in the nation, 2nd only to New York. 50 minutes to Taos, NM- a NM tourism location known for its sky resort and scenery. 2 nearby Pueblo Casino/Hotels are located at the North and South end of Espanola.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,507 16,365 20,432
Median Age: 35.85 36.87 37.49
Households: 953 6,364 7,914
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