306 Mentmore Rd Gallup, NM 87301

This exceptional mixed-use property, located at 306 Mentmore Rd in Gallup, New Mexico, presents a unique investment opportunity. The 2,600 square foot building sits on a one-acre lot, offering versatile commercial zoning possibilities. Currently vacant with an occupancy date of July 31, 2024, this property allows for immediate customization to suit a variety of business needs. The permitted mixed-use zoning allows for diverse applications, from multi-family dwellings to restaurants, hotels, car washes, or medical facilities. Built in 1980, the single-story building includes a 30 x 24 foot garage at the rear, adding further utility and potential. The property features a fenced lot, providing security and privacy. The asking price is $275,000, translating to $105.77 per square foot. The land value alone is assessed at $50,000 per square foot. The property's APN is R652075. This is a for-sale-by-owner opportunity. Don't miss this chance to acquire a versatile commercial property in a desirable Gallup location.