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Mixed-Use Building with Warehouse
New
For Sale
$960,000

729 Main Street E, Farmington, NM 87401

Commercial Sale, Farmington, NM

Property SizeContact for details
Lot Size0.27 Acres
Days on Market4

Property Features for 729 Main Street E

General Information

Property type Commercial Sale
Property subtype Retail
Directions On E Main by DQ
Standard status Active
APN 2075171244498
Lot size 0.27 Acres

Taxes and HOA fees

Tax Description BEG S 396.4 FT AND N50-5-0E 176.5 FTFROM NW CORNER OF NE/4 OF SEC 15 29 13. THENCE N50-5-0E 100 FT, S39-55-0E 125 FT, S5
Tax Annual Amount 8705
Legal Description BEG S 396.4 FT AND N50-5-0E 176.5 FTFROM NW CORNER OF NE/4 OF SEC 15 29 13. THENCE N50-5-0E 100 FT, S39-55-0E 125 FT, S5

Building Details

Year built 1951
Listing Agency: Exp Realty, LLC
Listed By: Allen Elmore · License #53691
Added: Sep 23 Last Checked: Sep 26 at 4:06AM
MLS# 26001391

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 7,200-square-foot mixed-use property combines three distinct levels of commercial and residential space. The main level contains 2,400 square feet of retail and commercial area with street-facing display windows, a ramped entrance, loading gate, rear storage, utility sink, private office with an en suite bathroom and shower, customer restroom, and additional storage. The lower level adds 2,400 square feet of unfinished walkout warehouse or workshop space with interior and rear exterior access, built-in shelving, lighting, a man door, and a 6' x 10' metal loading door. A paved area under a 20' x 40' RV carport and a storage container with roll-up door provide additional utility.

The upper level is a remodeled 2,400-square-foot, three-bedroom, two-bath condo with an industrial-inspired interior, exposed brick, concrete countertops, an island kitchen, contemporary appliances, office space, laundry, and an en suite primary bathroom. The paved lot includes nine dedicated parking spaces, with room for additional parking or storage. The property is near downtown Farmington and less than one hour from Durango, Colorado. Improvements include separate newer HVAC systems serving the upper levels and a newer roof.

Key Highlights

  • 7,200‑square‑foot mixed‑use property with 2,400 square feet each of retail, warehouse, and residential space
  • Main level includes street‑facing display windows, ramped entrance, loading gate, office, storage, and restrooms
  • Lower level has 2,400 square feet of walkout warehouse or workshop space

Property Analytics

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Current Use

Fabulous Finds Home Decor Store

Suggested Use

Top Pick Dental Office Parking Lot & Garage Skin Care Clinic HVAC Service Garden Center Computer & Electronic Repair

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

629
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combines street-level retail, warehouse space, and a remodeled residential condo with dedicated parking and separate access points.
Where is this mixed-use property located?
The property is located at 729 Main Street E Farmington, NM.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: 7,200‑square‑foot mixed‑use property with 2,400 square feet each of retail, warehouse, and residential space; Main level includes street‑facing display windows, ramped entrance, loading gate, office, storage, and restrooms; Lower level has 2,400 square feet of walkout warehouse or workshop space
More about this property
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