Ricky Allen & Associates also specializes in commercial real estate in Northern New Mexico.
We have two new opportunities north of Santa Fe
1720 N. Riverside, Espanola, NM
This is a unique opportunity to own a versatile building visible along one of the most important traffic corridors servicing Northern New Mexico, with over 180 feet of frontage; perfectly sited on a 1.4 acre double legal lot with plenty of room for expansion and further development. Located in the B-2 General Commercial District of the City of Espanola, this building and site is located amongst the key destinations such as Walmart, Lowes, Starbucks,
Big 5, and Harbor Freight; with the added benefit of public transportation access. According to the New Mexico Department of Transportation 2017 Traffic Monitoring Program, this site has a Vehicle Per Day count of 15,000-25,000. The building is ready for occupancy and some of the features include an approximate 40’ x 85’ showroom or public area with 9’ ceiling, large office space, breakroom/kitchen, one 3/4 bathroom, one half bathroom, two overhead doors, loading dock, drive-up ramp, and plenty of parking.
This a very unique opportunity to own a very special and versatile property on the popular State Highway 76 in Chimayo, New Mexico. This property is currently utilized as a very successful gallery (the business is not included in this listing) and a separate guest house that is leased.
The main building is approximately 4000 square feet +/- and can continue to be utilized as a gallery/retail space, or consider turning this into your residence. Another alternative is for those looking for a live/work space, the top floor can be converted to your residence, with the first floor as a business. Possibilities galore with this property! As an added bonus, the Seller will consider transferring approximately 0.3 acre feet of water rights. Don’t miss this chance to own a special property in Chimayo!