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    Espanola, NM

    Espanola, NM Commercial Real Estate for Sale

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    Santa Cruz, NM La Mesilla, NM Hernandez, NM Chimayo, NM Santa Fe, NM Alcalde, NM Ojo Caliente, NM Velarde, NM
    35 properties
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    Retail Building with Open Layout
    Updated: Sep 23
    Retail Building with Open Layout

    419 Riverside, Espanola, NM 87532

    $495,000
    2,130 sqft 0.41 AC lot
    Open retail interior with high ceilings
    0.41‑acre parcel zoned C‑2
    Recent HVAC, exterior stucco, and parking improvements
    Located at 419 Riverside in Espanola
    Built in 1980
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    Commercial Land with 3-Bay Building
    Updated: Sep 2
    Commercial Land with 3-Bay Building

    2116 N Riverside Drive N, Espanola, NM 87532

    $350,000
    2,500 sqft 0.79 AC lot
    0.79‑acre commercial land parcel
    2,500‑square‑foot building with 3 bays
    B‑2 commercial designation
    North Riverside Drive frontage in Espanola
    Building includes power, water, and heat
    View details
    B-2 Commercial Land
    B-2 Commercial Land

    613A Eloy Martinez Lane, Espanola, NM 87532

    $170,000
    0.99 AC lot

    Fenced, level parcel with public water and sewer service available.

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    Leased Strip Mall with Drive-Through
    Leased Strip Mall with Drive-Through

    Espanola, NM 87532

    $2,890,900
    5,600 sqft

    Fully leased retail property with four tenants and an outparcel position serving Lowe’s.

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    Level Commercial Land
    Level Commercial Land

    Eloy Martinez Lane, Espanola, NM 87532

    $115,000
    0.43 AC lot

    B-2 zoning and public water and sewer serve this commercial parcel in Española.

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    Restaurant and Bar with Patio
    Restaurant and Bar with Patio

    100 Los Alamos Highway, Espanola, NM 87532

    $447,000
    2,730 sqft 0.43 AC lot

    Restaurant property with patio seating, included furniture, fixtures, equipment, and two legal lots conveying with the sale.

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    Commercial Land with Utilities
    Commercial Land with Utilities

    230 N Paseo De Onate, Espanola, NM 87532

    $350,000
    0.57 AC lot

    C-1 zoning and connected water, sewer, and electric service support commercial site planning.

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    Updated Storefront Retail Building
    Updated Storefront Retail Building

    419 Riverside, Espanola, NM 87532

    $495,000
    2,130 sqft

    Recent improvements include a replacement HVAC system, refreshed exterior stucco, and an added parking area.

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    B-2 Commercial Land
    B-2 Commercial Land

    441 E Laguna St, Espanola, NM 87532

    $135,000
    0.62 AC lot

    B-2 zoning with water rights and utility infrastructure at the property.

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    Auto Shop with Service Garage
    Auto Shop with Service Garage

    711 Paseo De Onate, Espanola, NM 87532

    $250,000
    1,820 sqft 0.47 AC lot

    Office space accompanies a concrete service area and on-site parking.

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    Espanola Retail Opportunity For Sale
    Espanola Retail Opportunity For Sale

    105 Laguna Street, Espanola, NM 87532

    $450,000
    2,000 sqft 0.33 AC lot

    Former ceramics store with equipment on 0.33 acres.

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    Commercial Land Parcel
    Commercial Land Parcel

    84/285 Hennigan lot: C, Espanola, NM 87532

    $300,000
    5.28 AC lot

    For sale commercial land parcel in Espanola, NM, totaling 5.28 acres.

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    Fenced Commercial Land
    Fenced Commercial Land

    602 Eloy Martinez Lane, Espanola, NM 87532

    $95,000
    0.24 AC lot

    Level ground, B-2 zoning, and public water and sewer support commercial development.

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    Agricultural Land with Building Envelope
    Agricultural Land with Building Envelope

    76 & 78 County Road 114, Espanola, NM 87532

    $895,000
    1,700 sqft 58.00 AC lot

    Conservation-easement property with acequia water rights, river corridor acreage, two existing homes, and a designated building envelope.

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    Irrigated Agricultural Land
    Irrigated Agricultural Land

    58 CR 120 lot: 1-A, Espanola, NM 87532

    $149,900
    1.22 AC lot

    Rural Residential acreage currently used as pasture, with agricultural water infrastructure in place.

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    Agricultural Land with Irrigation
    Agricultural Land with Irrigation

    58 CR 120, Espanola, NM 87532

    $184,900
    1.63 AC lot

    Pasture parcel with domestic agricultural water rights, irrigation tubing, and installed water valves.

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    B-2 Commercial Land with 3-Bay Building
    B-2 Commercial Land with 3-Bay Building

    2116 Riverside Drive, Espanola, NM 87532

    $350,000
    2,500 sqft

    B-2 commercial parcel with an existing three-bay building equipped with power, water, and heat.

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    Agricultural Land Along Acequia
    Agricultural Land Along Acequia

    CALLE JUAN JOSE VIGIL, Espanola, NM 87532

    $40,000
    0.53 AC lot

    City-limits parcel with a flat area below an acequia and a former garden use.

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    Single-Tenant Dairy Queen Restaurant
    Single-Tenant Dairy Queen Restaurant

    1702 N Riverside Dr, Espanola, NM 87532

    Contact for pricing
    2,241 sqft 0.86 AC lot

    Fee-simple ownership includes the land and building, with a lease structure that places most operating responsibilities on the tenant.

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    Flat B-2 Commercial Lot
    Flat B-2 Commercial Lot

    613A Eloy Martinez Lane, Espanola, NM 87532

    $170,000
    43,124 sqft

    Level commercial parcel with B-2 zoning, available utilities, and access from N. Riverside Drive.

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    Espanola Restaurant and Bar on Plaza
    Espanola Restaurant and Bar on Plaza

    100 Los Alamos, Espanola, NM 87532

    $447,000
    2,730 sqft 0.43 AC lot

    Turnkey restaurant and bar on the Plaza in Espanola.

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    Versatile Building with Service Garage
    Versatile Building with Service Garage

    711 Paseo De Onate, Espanola, NM 87532

    $250,000
    1,820 sqft 0.47 AC lot

    Affordable commercial building with office and service garage space.

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    B-2 Commercial Development Lot
    B-2 Commercial Development Lot

    441 E Laguna St, Espanola, NM 87532

    $135,000
    0.62 AC lot

    Zoned B-2 parcel with utilities and included water rights for a range of commercial builds in Espanola.

    View details
    Land Available For Sale
    Land Available For Sale

    Espanola, NM 87532

    $1,500,000
    9.37 AC lot

    Land tract available for sale, zoned for commercial and residential.

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    Espanola, NM Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Espanola, NM, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 695,053 square feet of properties for sale, with an estimated market value of $17,821,500.

    Sale prices for business properties in Espanola, NM start at $40,000, averaging $594,050, and reaching up to $5,952,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    Espanola, NM CRE market trends — vacancy, lease rates and price per SF, updated monthly
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    Demographics Overview

    Population 20K
    Population Growth (5Y) +4.1%
    Median Household Income $57,077
    College Educated 15.5%

    High-Yield Neighborhoods for Investment

    Identify Espanola submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    87532 $563.3K

    Taxes & Financing

    Tax Rate (average for all types) 3.57%
    Property Tax per SF $51.00 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Rio Arriba County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Rio Arriba County

    Retail

    Office

    How Realmo verifies these figures

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