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Historic Storefront Building
For Sale
$629,000

105 Manzanares Avenue, Socorro, NM 87801

CommercialSale, Socorro, NM

Property Size13,000 SF
Price / SF$48.38
Days on Market584

Property Features for 105 Manzanares Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Out of MLS Area
Zoning description C-2
Accessibility Accessible Approach with Ramp
Directions From I-25 south exit 150. Continue south on California St.. Take a right on Manzanares, watch for sign on right
Subdivision 621 - South Socorro
Standard status Active
APN 0013600032

Taxes and HOA fees

Tax Annual Amount 2917

Utilities

Heating system Natural Gas

Building Details

Floors in Building 2
Building materials Adobe, Frame, Stone, Stucco
Listing Agency: Coldwell Banker Legacy · Coldwell Banker Real Estate
Listed By: Steven Michael Gritchen · License #53071
Added: Feb 19, 2025 Changed: Sep 3 Last Checked: Sep 26 at 3:06PM
MLS# 1078901

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 historic storefront building at 105 Manzanares Avenue in Socorro, New Mexico, previously housed the locally operated Gambles location for more than 50 years. The structure combines adobe, frame, stone, and stucco construction, giving the property a distinctive material profile and established presence within the Socorro Plaza area.

Natural gas heating supports the building, while an accessible approach with ramp provides entry accommodation. The property is located in Socorro County and carries the zoning designation “Out of MLS Area.”

Key Highlights

  • Former Gambles location operated locally for more than 50 years
  • Historic building in the Socorro Plaza area
  • Adobe, frame, stone, and stucco construction

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Pharmacy Storage Facility Kitchen & Bath Showroom

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

447
Businesses Nearby
43k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 64% Shops & Services 24% Hotels & Casinos 5% Home Improvements & Furnishings 5%
Walmart Superstores
27,562 visits/mo 0.5 miles
Dollar Tree Shops & Services
4,358 visits/mo 0.5 miles
Wells Fargo Shops & Services
3,472 visits/mo 0.3 miles
R & K Enterprises Inc Home Improvements & Furnishings
2,107 visits/mo 0.4 miles
First State Bank Shops & Services
1,699 visits/mo 0.1 miles

Demographics for 87801, NM

9,934
Population
4,272
Households
2.3
Avg Household Size
36
Median Age
27%
College-Educated
86%
High-School Grad
177.3 sq mi
ZIP Area
56
Density / Sq Mi
$54,032
Median Household Income
$30,083
Median Earnings
$676
Median Rent
$165,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Similar Off Market Nearby

  • Bambi's Flowers & Gifts — 822 California St, Socorro, NM 87801
  • Pretty Petals Boutique — 915 N California St, Socorro, NM 87801

Frequently Asked Questions

What type of property is this?
Storefront property - Former Gambles storefront in Socorro features adobe, frame, stone, and stucco construction with natural gas heating.
Where is this storefront property located?
The property is located at 105 Manzanares Avenue Socorro, NM.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Former Gambles location operated locally for more than 50 years; Historic building in the Socorro Plaza area; Adobe, frame, stone, and stucco construction
More about this property
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