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Four-Unit Retail Property
New
For Sale
$559,000

211 N Texas Street, Silver City, NM 88061

CommercialSale, Silver City, NM

Property Size4,085 SF
Lot Size0.10 Acres
Price / SF$136.84
Days on Market2

Property Features for 211 N Texas Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Silver City - Historic DC
Parking features On Street
Appliances GasWaterHeater
Subdivision Fraser
Directions Hwy 90 south turn on W Broadway, north on Bullard, west on Yankie, south on Texas. Building is on west side of Texas and begins at the corner of Yankie and Texas south to the Murray Hotel.
Standard status Active
APN R095470; R095471
Size 4,085 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Subd: FRASER Block:68 Lot: 15 .057AC; Subd: FRASER Block: 68 Lot 16 .057 AC
Tax Annual Amount 4808
Legal Description Subd: FRASER Block:68 Lot: 15 .057AC; Subd: FRASER Block: 68 Lot 16 .057 AC

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Window Unit(s)
Water source Public

Amenities

individual heating/cooling units
private restrooms
tall ceilings
original pressed-tin ceilings
private adobe-walled courtyard
new digital Kwikset door locks

Building Details

Year built 1930
Floors in Building 1
Building materials Brick
Roof type Metal
Listing Agency: Century 21 Hacienda Realty
Listed By: Cecilia Mcnicoll · License #51134
Added: Oct 6 Changed: Oct 7 Last Checked: Oct 7 at 2:06PM
MLS# 41820

Copyright © 2026 Silver City Regional 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.

Built in 1930, this brick retail property contains four commercial spaces totaling 4,085 square feet on a 0.1-acre parcel. The suites have individual heating and cooling systems, restrooms, and separate gas and electric meters, with utility costs paid by tenants. Current occupants include an art gallery, weaving studio, bakery and retail business. Interior details include tall ceilings, pressed-tin ceilings in two spaces and an adobe-enclosed private courtyard accessible from another. The bakery suite has received updates to flooring, electrical service, lighting, plumbing, a floor drain, sewer and restroom facilities.

The property occupies the corner of Yankie and Texas Streets in Silver City’s Historic Art District, next to the Murray Hotel and among galleries. Public water and sewer serve the building, and parking is on street. The four leases have varying terms. Digital Kwikset locks are installed on all suites.

Key Highlights

  • Four commercial suites totaling 4,085 square feet on a 0.1‑acre parcel
  • Current occupants include an art gallery, weaving studio, bakery and retail business
  • Individual heating, cooling and restrooms; gas and electric are separately metered and tenant‑paid

Property Analytics

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Current Use

Wild West Weaving Art Gallery Wild Gila Studio Art Gallery Fiber Arts Center Theater & Performing Art Venue

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring 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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

895
Businesses Nearby

Demographics for 88061, NM

17,429
Population
9,049
Households
1.9
Avg Household Size
48
Median Age
30%
College-Educated
90%
High-School Grad
897.2 sq mi
ZIP Area
19
Density / Sq Mi
$47,099
Median Household Income
$27,019
Median Earnings
$841
Median Rent
$185,000
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
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Frequently Asked Questions

What type of property is this?
Retail space - Four commercial suites combine individual heating, cooling and restrooms with separately metered, tenant-paid gas and electric service.
Where is this retail space located?
The property is located at 211 N Texas Street Silver City, NM.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: Four commercial suites totaling 4,085 square feet on a 0.1‑acre parcel; Current occupants include an art gallery, weaving studio, bakery and retail business; Individual heating, cooling and restrooms; gas and electric are separately metered and tenant‑paid
More about this property
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