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Freestanding Restaurant Building
For Sale
$89,500

101 Lincoln Ave, Grants, NM 87020

C-2 commercial zoning, corner positioning, and customer parking support retail or food-service operations.

Property Size1,576 SF
Lot Size0.46 Acres
Price / SF$56.79
Days on Market352

Property Features for 101 Lincoln Ave

General Information

Standard status Active
Size 1,576 SF
Total Parking Spaces 37
Lot size 0.46 Acres
Property subtype Retail
Zoning C-2

Additional Details

Corner Location Yes

Building Details

Buildings 1
Listing Agency: LPT Realty
Listed By: Silesha Naden · License #42168
Source: Carnm.resimplifi
Added: Sep 11, 2025 Changed: Aug 28 Last Checked: Aug 28 at 6:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty

Investment Insights

Based on property information with market context.

This freestanding commercial building contains approximately 1,576 square feet on an approximately 0.456-acre parcel. Previously operated as a restaurant, the property is positioned for continued food-service use or a retail conversion, subject to applicable requirements. C-2 zoning provides a commercial land-use designation, and the site includes 37 on-site parking spaces.

The building occupies the corner of 1st Street and Lincoln Avenue in Grants, across from the Grants Public Library and two blocks from Grants High School. Its placement provides direct access from both intersecting streets, with nearby institutional uses contributing to daily pedestrian and vehicle activity. The property address is 101 Lincoln Ave, Grants, NM 87020.

Key Highlights

  • ±1,576 SF freestanding commercial building
  • ±0.456‑acre site at 1st Street and Lincoln Avenue
  • C‑2 commercial zoning

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Restaurant HVAC Service Auto Parts Store

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

296
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 90% Electronics 10%
Family Dollar Shops & Services
9,969 visits/mo 0.5 miles
Valero Energy Shops & Services
6,048 visits/mo 0.3 miles
Verizon Electronics
1,739 visits/mo 0.5 miles

Demographics for 87020, NM

11,471
Population
4,593
Households
2.5
Avg Household Size
38
Median Age
23%
College-Educated
85%
High-School Grad
902.0 sq mi
ZIP Area
13
Density / Sq Mi
$67,511
Median Household Income
$39,100
Median Earnings
$741
Median Rent
$154,900
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - C-2 commercial zoning, corner positioning, and customer parking support retail or food-service operations.
Where is this conventional restaurant located?
The property is located at 101 Lincoln Ave Grants, NM.
What is the asking price?
The asking price for this property is $89,500.
What are key features of this property?
This property features: ±1,576 SF freestanding commercial building; ±0.456‑acre site at 1st Street and Lincoln Avenue; C‑2 commercial zoning
More about this property
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