109 Bullard St, Silver City, NM 88061-5313
This exceptional Silver City, New Mexico retail property, located at 109 Bullard Street, presents a unique investment opportunity. Built in 1930, this landmark building sits on a substantial 6,534 square foot lot and offers a blend of commercial and residential income streams. The ground floor comprises five separate retail spaces, ideal for a variety of businesses, generating consistent rental income. Above the commercial units, four apartments provide additional revenue potential. The property's prime location in downtown Silver City ensures high visibility and accessibility for both retail tenants and apartment residents. The asking price is $425,000, representing a compelling entry point into the thriving Silver City market. This is a chance to acquire a historically significant property with proven income generation and significant upside potential. The property's age and character offer a unique charm, attracting both tenants and customers. The substantial lot size also presents possibilities for future expansion or redevelopment, subject to local zoning regulations. This is a rare opportunity to own a piece of Silver City's history while securing a strong financial return. The property is situated in Grant County, New Mexico, zip code 88061.
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The Good Life Wellness Health Counselor
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Otter Chaos LLC Department Store
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Studio Space & Gallery Art Gallery
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Dandelion Wish Discount Store (Bike/Boat/Book/etc) Store
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🌺 100 minute Healing Massage & Body Therapies Alternative Medicine Practice Spa & Massage Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.