105 Main St Red River, NM 87558
- Retail properties
- 1,659 SF
Current Use by Public Records
- Retail properties
Property Details for 105 Main St
- Property size
- 1,659 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This 1,659 square foot storefront, located at 105 E Main St in Red River, New Mexico, is available for $749,000 ($451.48/sq ft). Situated on Main Street, next to Brandenburg Park, this vacant property enjoys a central location within the walkable downtown area, benefiting from high tourist traffic (400,000-500,000 annually). Previously utilized as an OHV rental office, restaurant, retail space, and arcade, the property offers versatility for various business ventures or redevelopment opportunities. The property includes a small outbuilding suitable for on-site housing. Its prime location boasts Main Street and Brandenburg Park frontage, along with proximity to municipal parking. This presents a unique chance to establish a business in a thriving tourist destination, combining work, living, and recreational opportunities in the heart of Red River, NM (zip code 87558).
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
- Red River
- County
- Taos
- State
- New Mexico
- Longitude
- -105.406
- Latitude
- 36.708