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Historic Storefront Building

105 Manzanares Avenue, Socorro, NM 87801

For Sale
$629,000

Commercial Sale, Socorro, NM

Property Size13,000 SF
Price / SF$48.38
Days on Market630

Property Features for 105 Manzanares Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Out of MLS Area
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
Size 13,000 SF

Taxes and HOA fees

Tax Description Subd: SOCORRO GRANT SEC-22 A TRACT OF LAND. (GAMBLES STORE)
Tax Annual Amount 2917
Legal Description Subd: SOCORRO GRANT SEC-22 A TRACT OF LAND. (GAMBLES STORE)

Building Details

Floors in Building 2
Listing Agency: Coldwell Banker Legacy · Coldwell Banker Real Estate
Listed By: Steven Michael Gritchen · License NM #53071
Added: Feb 19, 2025 Changed: Nov 9 Last Checked: Nov 10 at 5:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This 13,000-square-foot historic storefront property is situated in the Socorro Plaza area. The building formerly housed Gambles, a locally owned and operated business for over 50 years.

Key Highlights

  • 13,000‑square‑foot historic storefront building
  • Former Gambles location
  • Gambles was locally owned and operated for over 50 years

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
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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

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 - The property occupies the Socorro Plaza area and has a history as a long-running local retail location.
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: 13,000‑square‑foot historic storefront building; Former Gambles location; Gambles was locally owned and operated for over 50 years
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