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Two-Story Office Building with Suites
For Sale
$440,000

120 S COMMERCIAL Avenue, Farmington, NM 87401

COMMERCIAL - Farmington, NM

Property Size7,750 SF
Lot Size0.27 Acres
Price / SF$56.77
Days on Market117

Property Features for 120 S COMMERCIAL Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Central Business
Security features Security System
Subdivision ORIGINAL TOWNSITE
Directions Farmington at the corner of Broadway and Commercial. Right across from former well fargo building.
Standard status Active
Size 7,750 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Description BK.1685 PG.22 ESC BK.1712 PG.83 Tax ID #'s R0028047 and R0028048
Legal Description BK.1685 PG.22 ESC BK.1712 PG.83 Tax ID #'s R0028047 and R0028048

Utilities

Heating system Natural Gas
Cooling system Central Air

Building Details

Floors in Building 2
Listing Agency: Real Estate PROS
Listed By: Brandon Ryan · License #50702
Added: Apr 6 Changed: Jul 29 Last Checked: Jul 31 at 8:06AM
MLS# 26-377

Copyright © 2026 San Juan County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The “Radio Building” is a two-story office property totaling 7,750 square feet and configured with 8 separate suites. Upstairs includes offices and broadcasting studios. Downstairs features a main lobby area, a breakroom, and additional office space.

The building has multiple suite entrances, including two separate suites with their own entrances on Broadway and one on Commercial Ave. One Commercial Ave suite is currently used as storage but can be converted into an additional lease-able suite.

This property is presented as a downtown Farmington investment opportunity, with recent updates and a rental history. The lot size is listed at 0.27 acres.

Key Highlights

  • “Radio Building” downtown Farmington commercial property with 7,750 SF across two stories
  • 8‑suite layout with offices and broadcasting studios upstairs
  • Main lobby, breakroom, and offices on the lower level

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Catering Service Tech Support Center Tanning Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Office units

Location Intelligence

Trade Area within ½ mile

1,120
Businesses Nearby

Demographics for 87401, NM

44,724
Population
17,611
Households
2.5
Avg Household Size
34
Median Age
19%
College-Educated
88%
High-School Grad
132.8 sq mi
ZIP Area
337
Density / Sq Mi
$56,358
Median Household Income
$31,362
Median Earnings
$983
Median Rent
$202,400
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office building offers multiple suites, including upstairs offices and broadcasting studios, plus downstairs lobby and breakroom.
Where is this office building located?
The property is located at 120 S COMMERCIAL Avenue Farmington, NM.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: “Radio Building” downtown Farmington commercial property with 7,750 SF across two stories; 8‑suite layout with offices and broadcasting studios upstairs; Main lobby, breakroom, and offices on the lower level
More about this property
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