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Grocery and Convenience Store Property

15066 NM Hwy 75 Penasco, NM 87553

15066 NM Hwy 75, Penasco, NM, 87553

$350,000

For Sale

Under Contract

$350,000

SINGLE_FAMILY - Penasco, NM

Property Size5,504 SF

Lot Size0.72 Acres

Price / SF$63.59

AddedJul 28, 2025

Days on Market352

Last RefreshJul 14 at 9:06 pm

Property Features for 15066 NM Hwy 75

General Information

Property type: Residential
Property subtype: Retail
Standard status: Active Under Contract
APN: 1068132218338
Lot size: 0.72 Acres

Taxes and HOA fees

Tax Description: TBD by title & survey. Section 5, T22N, R12E, NMPM, w/in Picuris Pueblo Grant. 0.71 Acres +/-.

Building Details

Number of units: 3

Listing agent Nova Sheppard License #REC 2023-0119

Listing office Berkshire Hathaway HomeServices Taos Real Estate 314 A Paseo del Pueblo Norte, Taos, NM

Listing date Jul 28, 2025

MLS# 113777

Copyright © 2026 Enchanted Circle Association of REALTORS®. 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 for-sale retail property features a well-established grocery and convenience store operation along with an additional, separately defined space. The main premises are described as a market and convenience store totaling 4,160 square feet, supported by a long history of strong cash flow and stable sales. A second space of 1,344 square feet is set up for an additional tenant, creating immediate rental income with room for future growth. The site also includes a 2-bay car wash, described as potentially re-commissionable to add a third income stream.

Located in the village of Penasco, the property is positioned on the main highway with strong visibility and convenient access. The listing notes parking availability and favorable traffic flow for both local residents and travelers. The surrounding appeal is tied to Penasco’s steady community draw and its connection to the scenic High Road to Taos.

For buyers or operators looking for a turn-key food and convenience retail investment, the property’s proven track record and dual-space configuration offer multiple revenue paths. The separate tenant-ready suite can support an immediate expansion strategy, while the car wash provides an additional option for operators seeking to broaden services on-site.

Key Highlights

Proven Profitability: Long history of strong cash flow, stable sales, and income.
Dual Income Potential: Features a 4160 sq ft market/store and a separate 1344 sq ft space for additional rental income.
Prime Location: Situated on the main highway in the heart of Penasco, offering excellent visibility.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Grocery and convenience stores

What type of property is this?

Grocery and convenience store - Well-located market with a separate tenant-ready space plus a 2-bay car wash on a sizable lot.

Where is this grocery and convenience store located?

The property is located at 15066 NM Hwy 75 Penasco, NM.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Proven Profitability: Long history of strong cash flow, stable sales, and income.; Dual Income Potential: Features a 4160 sq ft market/store and a separate 1344 sq ft space for additional rental income.; Prime Location: Situated on the main highway in the heart of Penasco, offering excellent visibility.