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Freestanding Restaurant Building
For Sale
$89,500

101 LINCOLN Avenue, Grants, NM 87020

CommercialSale, Grants, NM

Property Size1,576 SF
Lot Size0.46 Acres
Price / SF$56.79
Days on Market355

Property Features for 101 LINCOLN Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description C-2
Parking 37
Directions From the intersection of 1st Street and East Lincoln Avenue, head east on E Lincoln Ave.
Subdivision 450 - Grant
Standard status Active
APN 2055062171472
Lot size 0.46 Acres

Taxes and HOA fees

Tax Annual Amount 418

Building Details

Floors in Building 1
Listing Agency: LPT Realty
Listed By: Silesha Montano Naden · License #42168
Added: Sep 9, 2025 Changed: Aug 28 Last Checked: Aug 29 at 6:06PM
MLS# 1091221

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.

Investment Insights

Based on property information with market context.

This freestanding 1,576-square-foot commercial building occupies a corner at 1st Street and Lincoln Avenue. The property was previously operated as a burger, fries, and shakes restaurant and is identified for commercial use under C-2 zoning. Its layout and existing commercial setting support restaurant, retail, food service, or other commercial applications described for the property.

On-site parking includes 37 spaces. The building is across from the Grants Public Library and two blocks from Grants High School, placing it near established civic and educational activity. Its corner position provides direct access from both adjoining streets and supports visibility for customer-oriented operations.

Key Highlights

  • 1,576‑square‑foot freestanding commercial building
  • 37 on‑site parking spaces
  • C‑2 zoning for commercial use

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Corner commercial building with on-site parking and C-2 zoning for restaurant or other commercial use.
Where is this conventional restaurant located?
The property is located at 101 LINCOLN Avenue 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‑square‑foot freestanding commercial building; 37 on‑site parking spaces; C‑2 zoning for commercial use
More about this property
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