115 S 5th St - Convenience Store FOR SALE


Estancia, NM 87016
$390,000 USD
505-346-6006
115 S 5th St, Estancia, NM for Sale
$390,000 USD
Convenience Store - FOR SALE
1/8
null | Request Cap Rate

115 S 5th St
Estancia, NM 87016


HIGHLIGHTS

  • Pumps, asphalt, signage recently updated
  • Locally owned-in operation 32 years, one of only two gas stations in Estancia
  • Large warehouse area--potential for operation of an additional retail/office business

OVERVIEW

Absolute Investment Realty has been selected to exclusively represent the owner in the sale of Valley Express, a successful operating convenience store located on the main thoroughfare in Estancia, NM The Valley Express gas station and convenience store has been in continuous operation as one of the main fuel stations in Estancia for over 32 years, owned by the current owner for 15 years The well maintained condition of the property shows the pride in ownership Valley Express is one of only 2 gas station c stores in the Estancia market and serves not only the town of Estancia but the larger surrounding agricultural community The buyer of this property may have an opportunity to expand the business by acquiring the adjacent apartment building (also available at 64 000 adding fuel pumps and selling dyed diesel fuel for farm equipment Don’t miss this opportunity to acquire this busy gas station and c store

FOR SALE DETAILS

PRICE

$390,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1789

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

C-B

APN/PARCEL ID

R000051901,R000057501

ASK ABOUT THIS PROPERTY

Alfredo BarrenecheaAbsolute Investment RealtyMore Info
505-346-6006

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Alfredo BarrenecheaAbsolute Investment RealtyMore Info
505-346-6006

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.