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    112 Main Ave Aztec, NM 87410

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    112 Main Ave Aztec, NM 87410


    • Retail space
    • 3,563 SF
    • 0.24 lot acres
    Historic Downtown Aztec Commercial Building For Sale
    $345,000
    3,563 SF

    Historic Downtown Aztec Commercial Building

    Multi-use building with rental income potential.

    Cedar Hill, NM 87410
    View Listing
    Property ID
    US61-0531224
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    • Retail space

    Property Details for 112 Main Ave

    Year built
    1890
    Lot size
    0.24 lot acres
    Property size
    3,563 SF
    Property type
    Retail space
    APN
    2064178207119
    APU
    2064178207119

    Description

    This exceptional 3,563 square foot commercial property, located at 112 N MAIN Avenue in historic downtown Aztec, New Mexico, presents a unique investment opportunity. Situated on a 0.24-acre lot, this multi-use building boasts a rich history, having served as a stagecoach stop, bed and breakfast, saloon, family home, and various gift shops. Currently, the ground floor houses a commercial space, occupied by the owner at a monthly rent of $1500. This space offers significant potential for increased rental income. The upper level features a fully furnished, two-bedroom short-term rental currently generating an average monthly income of $1,250 through Airbnb. An additional furnished studio apartment, presently used for storage, is also available and could easily be converted into another short-term rental unit, further boosting income potential, or used as living quarters for the commercial tenant. The property includes a fenced side yard and courtyard, providing additional space and possibilities for expansion or outdoor use. The building's prime location on Main Avenue in Aztec's historic downtown ensures high visibility and accessibility. This property offers a blend of established income streams and significant upside potential for a savvy investor. The asking price is $345,000.


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    Location Insight

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    • Local Demand
    City
    Aztec
    County
    San Juan
    State
    New Mexico
    Longitude
    -107.994
    Latitude
    36.8228
    CBSA code
    22140
    CBSA name
    FARMINGTON, NM METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,016
    $0.00
    $0.00
    $58,691
    -
    $0.00
    $0.00
    $176,072
    View Listing
    More about this property
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