$4,150,000

$4,150,000

Contact Presenting Broker

    SIR

    Sotheby's International Realty ®

    (800) 409-7325

    Key Features

    • MLS: 202231993
    • Status: Active
    • Price: $4,150,000
    • Area: 31-Espanola
    • Type: Retail
    • Acres: 3.25

    About this Property

    LOCATION: SEC N. Riverside Dr. & E. Pueblo St.ADDRESS: 743-745 N. Riverside Dr. | Espaola, NM 87532SHOPPING CENTERBuilding: 35,988 SFLand: 3.25 AcresTenants: 6 tenants in place, 1 space vacantYear Built: 1960 | Expansions in 1973 and 1976ZONING B-2 | Commercial GeneralHIGHLIGHTS Excellent mix of national & local tenants Easy access with ample parking Pylon signage available Occupancy Rate: 91% Stabilized income with potential growth Subject to line adjustment Well in place for water Neighboring retailers include KFC, Pizza 9, Snappy Lube, Fairview Pharmacy, Burger King and Pizza Hut

    Additional Features

    • Type Retail
    • Days On Market 207
    • Water SourceWell

    Neighborhoods

    Nambe Area

    The areas to the north between Santa Fe and Taos possess some of the most spectacular and varied landscapes in New Mexico. Beautiful communities line the Taos Gorge and the Rio Grande like Espanola, Velarde & Dixon along what is called the 'Low Road' to Taos. The 'High Road' is a scenic, winding road through the Sangre de Cristo Mountains that runs between Santa Fe and Taos. Among the quaint

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