1410 Nm-68 Velarde, NM 87582
- Retail properties
- 3,000 SF
- 2.40 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1410 Nm-68
- Lot size
- 2.40 lot acres
- Property size
- 3,000 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional turn-key convenience store and gas station in Velarde, New Mexico, presents a lucrative investment opportunity. Boasting over 30 years of consistent ownership, this family-owned business enjoys a prime location on busy NM Highway 68, situated conveniently between Santa Fe and Taos. The 3,000 square foot building, renovated in 2022, sits on a spacious 2.4-acre lot and includes two gas pumps, currently dispensing 15,000 gallons of fuel monthly. The business generates impressive monthly inside sales of $105,000. A key feature is the fully equipped kitchen with a seating area, complemented by a well-stocked liquor section offering both "to-go" and on-site service. The current owner will allow the use of the existing alcohol permit, though it is not included in the sale price. The property's strategic location places it within an hour's drive of renowned resorts, landmarks, and cultural attractions in Taos, Santa Fe, Los Alamos, the Jemez Mountains, and the Rio Grande Gorge, ensuring a consistent flow of customers. Operating hours are 7 AM to 8 PM, seven days a week. The asking price for this thriving enterprise is $1,600,000. This is a rare opportunity to acquire a well-established, high-performing business with significant growth potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Velarde
- County
- Rio Arriba
- State
- New Mexico
- Longitude
- -105.967
- Latitude
- 36.1649
