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Property profile & analytics
OFF-MARKET
Commercial real estate

17 Santuario Dr Chimayo, NM 87522

2,574 SF 0.15 ac lot
Individually Owned 7-yr Hold Free & Clear
Property ID
US61-0505596
Property summary
AI-generated overview

This exceptional retail property presents a unique investment opportunity in the heart of Chimayo, New Mexico. Located directly adjacent to the renowned El Santuario de Chimayo church, this 4,800 square foot building boasts a rich history, having operated as a successful gift shop since 1921. The property sits on a 0.07-acre lot and includes ample parking and additional storage structures, enhancing its operational efficiency. The business itself enjoys a well-established customer base cultivated through walk-in traffic, online sales, and a robust mail-order system. This translates into a consistently strong cash flow, with significant potential for future growth. The current inventory includes a diverse range of souvenirs, New Mexico's famous chiles, and locally crafted arts and crafts, catering to a broad customer demographic drawn to this significant religious and cultural destination. The business benefits from long-standing relationships with reliable suppliers and a dedicated, experienced staff, ensuring a smooth transition for the new owner. This turnkey operation offers a rare blend of historical significance, established profitability, and prime location, making it an exceptional investment opportunity in a thriving New Mexico market. The asking price for the property and business is $1,650,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 2,574 SF
Lot 0.15 ac (6,534 SF)
APN 186006935
UPID US61-0505596
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
El Potrero Trading Post Prop L · 7 yrs held
El Potrero Trading Post Prop L
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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