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Mixed-Use Property with Live-Work Space
For Sale
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635 North Riverside Dr, Espanola, NM 87532

Existing building includes living space and additional land that can support parking or broader site planning.

Property SizeContact for details
Days on Market143

Property Features for 635 North Riverside Dr

General Information

Standard status Active
Property subtype Retail, Office
Listing Agency: Re/Max Alliance Realtor's
Listed By: Kimberly Boucher · License #NM 18939QB
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:07PM

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 Alliance Realtor's

Investment Insights

Based on property information with market context.

This mixed-use property combines an existing commercial building with living space for a live/work occupant. The floorplan can be adapted for a single occupant or configured to accommodate up to three additional tenants, subject to the selected layout. Current businesses remain in place, so visits should be coordinated in advance.

The property includes approximately 0.39 acres with the building, along with an adjacent 0.626-acre parcel included in the sale. Together, the two parcels total just over 1.02 acres. The additional land is described as suitable for overflow parking, while the existing improvements may be remodeled or the full assemblage redeveloped according to an approved design and business plan.

Key Highlights

  • Existing building includes living space for a live/work occupant
  • Floorplan can accommodate a single occupant or up to 3 additional tenants
  • 0.39‑acre parcel includes the existing building

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Garden Center Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service

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

322
Businesses Nearby

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Existing building includes living space and additional land that can support parking or broader site planning.
Where is this mixed-use property located?
The property is located at 635 North Riverside Dr Espanola, NM.
What are key features of this property?
This property features: Existing building includes living space for a live/work occupant; Floorplan can accommodate a single occupant or up to 3 additional tenants; 0.39‑acre parcel includes the existing building
More about this property
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