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Storefront with Basement Space
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427 E MAIN Street, Farmington, NM 87401

The property combines finished commercial area with additional basement space for potential business use.

Property SizeContact for details
Days on Market142

Property Features for 427 E MAIN Street

General Information

Standard status Active
Property subtype Land
Listing Agency: RE/MAX of Farmington
Listed By: Jacob Armijo
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 11:48PM

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 RE/MAX of Farmington

Investment Insights

Based on property information with market context.

The storefront at 427 E Main Street provides 1,750 square feet of finished space in downtown Farmington, New Mexico. An additional 1,750 square feet of basement area offers space beyond the finished portion. The building was formerly one of the city’s first grocery stores, connecting the property to Farmington’s commercial history.

Improvements completed within the past 5–10 years include a new roof and an updated electrical system. The finished storefront and basement configuration create a flexible physical layout for a variety of commercial uses, subject to applicable requirements.

Key Highlights

  • 1,750 SF of finished storefront space
  • Additional 1,750 SF basement area
  • New roof and updated electrical system completed within the past 5‑10 years

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Garden Center HVAC Service Dental Office Locksmith Tech Support Center

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

1,027
Businesses Nearby
65k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 69% Dining 29% Home Improvements & Furnishings 1%
Dollar Tree Shops & Services
20,869 visits/mo 0.3 miles
Blake's LotaBurger Dining
10,221 visits/mo 0.1 miles
Dollar General Shops & Services
9,862 visits/mo 0.3 miles
KFC Dining
8,788 visits/mo 0.3 miles
Conoco Shops & Services
6,700 visits/mo 0.4 miles

Demographics for 87401, NM

44,724
Population
17,611
Households
2.5
Avg Household Size
34
Median Age
19%
College-Educated
88%
High-School Grad
132.8 sq mi
ZIP Area
337
Density / Sq Mi
$56,358
Median Household Income
$31,362
Median Earnings
$983
Median Rent
$202,400
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
Rey
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Similar Off Market Nearby

  • Broadway Gifts & Flowers 717 W Broadway, Farmington, NM 87401
  • Bella-Flora & Cafe 315 N Auburn Ave, Farmington, NM 87401

Frequently Asked Questions

What type of property is this?
Storefront property - The property combines finished commercial area with additional basement space for potential business use.
Where is this storefront property located?
The property is located at 427 E MAIN Street Farmington, NM.
What are key features of this property?
This property features: 1,750 SF of finished storefront space; Additional 1,750 SF basement area; New roof and updated electrical system completed within the past 5‑10 years
More about this property
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