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Retail Building with Open Layout
New
For Sale
$495,000

419 Riverside, Espanola, NM 87532

CommercialSale, Espanola, NM

Property Size2,130 SF
Lot Size0.41 Acres
Price / SF$232.39
Days on Market5

Property Features for 419 Riverside

General Information

Property type Commercial Sale
Property subtype Retail
Zoning C-2
Parking 15
Directions From Riverside Dr to property
Standard status Active
APN 174662784
Size 2,130 SF
Lot size 0.41 Acres

Taxes and HOA fees

Tax Description TR H T20N R 8E S 2 NW .41 AC
Legal Description TR H T20N R 8E S 2 NW .41 AC

Utilities

Water source Public

Amenities

new parking area
high ceilings
open floor plan

Building Details

Year built 1980
Listing Agency: Varela Real Estate, Inc.
Listed By: Phillip Varela · License #18075
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 27 at 3:06AM
MLS# 202604170

Copyright © 2026 Santa Fe Association of REALTORS®, Inc. 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 retail property at 419 Riverside in Espanola contains an open commercial interior with high ceilings. The building dates to 1980 and has received updates to its HVAC system, exterior stucco, and parking area. It occupies a 0.41-acre parcel and is zoned C-2.

Riverside Drive frontage places the property along a commercial corridor. Public water is available.

Key Highlights

  • Open retail interior with high ceilings
  • 0.41‑acre parcel zoned C‑2
  • Recent HVAC, exterior stucco, and parking improvements

Property Analytics

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Current Use

Retail space

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

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
View Realmo Analytics

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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Frequently Asked Questions

What type of property is this?
Retail space - C-2-zoned commercial space features an open interior and recent building updates.
Where is this retail space 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 interior with high ceilings; 0.41‑acre parcel zoned C‑2; Recent HVAC, exterior stucco, and parking improvements
More about this property
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