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Storefront Property with Display Windows
For Sale
$265,000

512 BROADWAY St, Truth or Consequences, NM 87901

Commercial Sale, Truth Or Consequences, NM

Property Size1,950 SF
Lot Size0.14 Acres
Price / SF$135.90
Days on Market96

Property Features for 512 BROADWAY St

General Information

Property type Commercial Sale
Property subtype Retail
Subdivision New Mexico Mls
Standard status Active
APN 3022079282009
Size 1,950 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Description LOT 9 & 10 BLK 7 PALOMAS
Legal Description LOT 9 & 10 BLK 7 PALOMAS

Utilities

Heating system Wall Furnace, Central, Forced Air

Amenities

spacious store front windows
off-street parking

Building Details

Year built 1981
Roof type Flat
Listing Agency: Cripple Creek Realty
Listed By: LaNeer K Wrye · License #19153
Added: May 31 Changed: Sep 2 Last Checked: Sep 3 at 4:06AM
MLS# 20263207

Copyright © 2026 New Mexico 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.

This commercial storefront contains 1,950 square feet within a building constructed in 1981. Large display windows face the street, creating a format suited to boutique, art studio, or office use. The property sits on a 0.14-acre lot and includes a flat roof and multiple heating systems, including wall furnace, central, and forced air.

Parking is available in a side lot as well as along the street. The property is located at 512 Broadway St in downtown Truth Or Consequences, within the downtown hot water district. The building’s windowed frontage, flexible interior use, and off-street parking provide a practical base for a range of storefront-oriented operations.

Key Highlights

  • 1,950‑square‑foot commercial storefront building
  • Large street‑facing display windows
  • 0.14‑acre lot with side‑lot and street parking

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Parking Lot & Garage Auto Repair Shop Law Firm

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

431
Businesses Nearby
12k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 52% Home Improvements & Furnishings 48%
Dollar General Shops & Services
5,888 visits/mo 0.4 miles
Tractor Supply Co. Home Improvements & Furnishings
5,765 visits/mo 0.1 miles
Sierra Auto Parts Shops & Services
447 visits/mo 0.3 miles

Demographics for 87901, NM

6,515
Population
3,981
Households
1.6
Avg Household Size
54
Median Age
19%
College-Educated
89%
High-School Grad
1,080.4 sq mi
ZIP Area
6
Density / Sq Mi
$27,868
Median Household Income
$25,735
Median Earnings
$674
Median Rent
$114,800
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Desert Flower Florist 508 N Broadway St, Truth or Consequences, NM 87901

Frequently Asked Questions

What type of property is this?
Storefront property - Flexible commercial building with prominent street-facing windows and parking available on-site and along the street.
Where is this storefront property located?
The property is located at 512 BROADWAY St Truth or Consequences, NM.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 1,950‑square‑foot commercial storefront building; Large street‑facing display windows; 0.14‑acre lot with side‑lot and street parking
More about this property
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