1031 Mechem Dr, Ruidoso, NM 88345

Building Details

Tenancy Multi More

Listing Agency: Better Homes & Gardens Real Estate - Steinborn & Associates m***@steinborn.com Show Phone

Listed By: Mirissa Good Show Phone

Source: Exprealty

Added: Sep 14 Changed: Nov 6 Last Checked: Nov 6 at 12:38PM

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Investment Insights

Based on property information with market context.

This 6,965-square-foot storefront property at 1031 Mechem Dr in Ruidoso, NM, is configured as six separate commercial units. Several units are occupied, while the remaining spaces can support additional tenants or an owner-operated business, subject to applicable requirements.

The multi-suite format provides separate spaces within one commercial property and allows for a combination of existing tenancy and future occupancy. Its storefront configuration supports a range of business uses described for the property, with the unit count offering flexibility for leasing or personal operations.

Key Highlights

• 6,965‑square‑foot storefront property
• Six separate commercial units
• Several units currently occupied

Property Analytics

Current Use

Summit Back Care Alternative Medicine Practice Consign & Design Discount Store Baby of Mine Clothing & Fashion Store Dragonfire Bakery Bistro ... Restaurant Queen of Confections and Parties Bakery

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Dental Office Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) 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.

Lease Details

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

309

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 88345, NM

8,423

Population

8,844

Households

1

Avg Household Size

52

Median Age

33%

College-Educated

92%

High-School Grad

39.3 sq mi

ZIP Area

214

Density / Sq Mi

$51,008

Median Household Income

$30,842

Median Earnings

$916

Median Rent

$232,400

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

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Frequently Asked Questions

What type of property is this?

Storefront property - Multi-unit commercial layout includes occupied suites and additional space for tenants or owner use.

Where is this storefront property located?

The property is located at 1031 Mechem Dr Ruidoso, NM.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: 6,965‑square‑foot storefront property; Six separate commercial units; Several units currently occupied