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Flex Building with Elevator
For Sale
$460,000

601 E COAL Avenue, Gallup, NM 87301

CommercialSale, Gallup, NM

Property SizeContact for details
Lot Size0.54 Acres
Days on Market528

Property Features for 601 E COAL Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description IP
Parking 18
Parking features Offsite
Directions I-40 to Gallup Exit at Ford Dr. South to first right on Rt.66. West to fork at East Coal on left. West on Coal to property on right.
Subdivision 530 - McKinley
Standard status Active
APN R039322
Lot size 0.54 Acres

Taxes and HOA fees

Tax Description SURVEY IN DOCUMENTS.
Tax Annual Amount 7153
Legal Description SURVEY IN DOCUMENTS.

Utilities

Cooling system Multi Units

Amenities

elevator
security safes

Building Details

Floors in Building 2
Building materials SlumpBlock, Stucco
Listing Agency: Coldwell Banker Legacy · Coldwell Banker Real Estate
Listed By: Frank Andreone · License #25713
Added: May 7, 2025 Changed: Aug 20 Last Checked: Oct 16 at 9:06AM
MLS# 1084795

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This flex-space property includes a substantial commercial building on approximately 0.54 acres at 601 E Coal Avenue in Gallup, New Mexico. Slump-block and stucco construction, an elevator, security safes, and multi-unit cooling are among the documented physical features. Parking is identified as offsite.

The building previously housed an Indian jewelry manufacturing operation and a retail outlet, providing a combination of production and customer-facing commercial history. A new replat has been completed, and approximate building layout sketches are available in the documents. The property offers an existing structure that can accommodate a new user or a repurposing plan, subject to applicable requirements.

Key Highlights

  • Flex‑space building on approximately 0.54 acres
  • Elevator and security safes included in the building
  • Previous use combined Indian jewelry manufacturing with a retail outlet

Property Analytics

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Current Use

4 Corners Yoga Gym & Fitness Center

Suggested Use

Top Pick Real Estate Agency Pharmacy Hair Salon HVAC Service Garden Center Nail Salon

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

Location Intelligence

Trade Area within ½ mile

787
Businesses Nearby
Under-served
Demand for This Use

Demographics for 87301, NM

22,438
Population
7,776
Households
2.9
Avg Household Size
35
Median Age
23%
College-Educated
89%
High-School Grad
39.5 sq mi
ZIP Area
568
Density / Sq Mi
$58,302
Median Household Income
$35,574
Median Earnings
$858
Median Rent
$134,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Slump-block and stucco construction with multi-unit cooling supports varied commercial configurations.
Where is this flex space located?
The property is located at 601 E COAL Avenue Gallup, NM.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Flex‑space building on approximately 0.54 acres; Elevator and security safes included in the building; Previous use combined Indian jewelry manufacturing with a retail outlet
More about this property
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