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    OFF-MARKET
    Commercial real estate

    6 Plz De Monticello Rd, Monticello, NM 87939

    4.7 ac lot
    Property ID
    Property summary
    AI-generated overview

    Own a piece of Monticello history with this exceptional 4.7-acre commercial property, featuring the original Monticello Mercantile building. This cornerstone property of Monticello Plaza boasts beautifully preserved original wood floors, a bar, original post office fixtures, and extensive shelving, all within a functional and charming space. The main building seamlessly blends historical character with modern functionality. A covered front porch provides a perfect vantage point for enjoying plaza activities. Adjacent to the Mercantile is a spacious hacienda-style home, featuring a combined living and dining area with impressive beamed barrel ceilings. The kitchen, complete with custom wood cabinetry, connects to an attached greenhouse, ideal for gardening. An accessory building, previously used for wine processing, includes a commercial-grade range and hood, and an oversized walk-in refrigerator, offering versatile options for catering or other commercial uses. The property also includes animal stalls, fenced pastures, a large workshop or storage building, and ample land suitable for cultivation or an arena. This unique property presents a rare opportunity to acquire a significant piece of Monticello's commercial heritage. The property's combination of historical charm, versatile commercial spaces, and expansive land makes it an exceptional investment opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 4.7 ac (204,732 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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