Listing Agency: Coldwell Banker Legacy

Listed By: Steven Michael Gritchen · License #53071 Show Phone

Source: Albuquerquehomefinders

Added: Dec 19, 2024 Changed: Oct 11 Last Checked: Oct 12 at 8:24PM

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Investment Insights

Based on property information with market context.

At 105 Manzanares Ave, this historic storefront building contains approximately 13,000 square feet. The property previously served as the local Gambles location, which was locally owned and operated for more than 50 years.

Key Highlights

• Approximately 13,000 SF building
• Historic storefront in the Socorro Plaza area
• Former Gambles location, locally owned and operated for over 50 years

Property Analytics

Current Use

Storefront properties

Suggested Use

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

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

Explore this area Business Placement

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

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

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

• Bambi's Flowers & Gifts — 822 California St, Socorro, NM 87801
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Frequently Asked Questions

What type of property is this?

Storefront property - The former Gambles location offers substantial retail space in the Socorro Plaza area.

Where is this storefront property located?

The property is located at 105 Manzanares Ave 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: Approximately 13,000 SF building; Historic storefront in the Socorro Plaza area; Former Gambles location, locally owned and operated for over 50 years