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Updated Storefront Retail Building
For Sale
$495,000

419 Riverside, Espanola, NM 87532

Recent improvements include a replacement HVAC system, refreshed exterior stucco, and an added parking area.

Property Size2,130 SF
Price / SF$232.39
Days on Market10

Property Features for 419 Riverside

General Information

Standard status Active
Size 2,130 SF
Property subtype Commercial

Amenities

new parking area
new HVAC system
high ceilings
open floor plan

Building Details

Year Built 1980
Buildings 1
Listing Agency: Varela Real Estate, Inc.
Listed By: Phillip Varela · License #4995
Source: Lisaharris-realestate
Added: Sep 28 Changed: Oct 5 Last Checked: Oct 5 at 3:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Varela Real Estate, Inc.

Investment Insights

Based on property information with market context.

Built in 1980, this storefront property offers open retail space with high ceilings and a flexible floor plan. Improvements include a replacement HVAC system, updated exterior stucco, and an added parking area. The upgrades provide a refreshed setting for commercial occupancy.

The property fronts Riverside Drive in Española, among retail, dining, and service businesses. Its position along the commercial corridor provides street exposure and access from Riverside Drive.

Key Highlights

  • Open retail floor plan with high ceilings
  • Parking area added as part of recent improvements
  • Updated exterior stucco and HVAC system

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service Furniture & Home Goods Locksmith Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

371
Businesses Nearby
56k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 47% Shops & Services 39% Home Improvements & Furnishings 8% Apparel 6%
Allsups Shops & Services
11,674 visits/mo 0.1 miles
Burger King Dining
9,304 visits/mo 0.4 miles
SUBWAY Dining
8,019 visits/mo 0.5 miles
Wells Fargo Shops & Services
7,297 visits/mo 0.4 miles
Pizza Hut Dining
5,367 visits/mo 0.4 miles

Demographics for 87532, NM

19,017
Population
8,946
Households
2.1
Avg Household Size
41
Median Age
23%
College-Educated
85%
High-School Grad
109.5 sq mi
ZIP Area
174
Density / Sq Mi
$57,077
Median Household Income
$42,365
Median Earnings
$887
Median Rent
$225,000
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
Rey
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Similar Off Market Nearby

  • Delta Flowers — 233 N Paseo De Onate, Española, NM 87532

Frequently Asked Questions

What type of property is this?
Storefront property - Recent improvements include a replacement HVAC system, refreshed exterior stucco, and an added parking area.
Where is this storefront property located?
The property is located at 419 Riverside Espanola, NM.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Open retail floor plan with high ceilings; Parking area added as part of recent improvements; Updated exterior stucco and HVAC system
More about this property
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