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Property profile & analytics
OFF-MARKET
Individual retail properties

1810 Riverside Dr Espanola, NM 87532

9,200 SF 0.6 ac lot
Individually Owned Free & Clear
Property ID
US61-1038111
Property summary
AI-generated overview

This exceptional 3,007 square foot mixed-use property, situated on a 0.57-acre lot at 1810 N Riverside in Espanola, NM, presents a unique investment opportunity. The building's versatile design allows for a multitude of uses, currently configured as two distinct units, each with its own restroom facilities. A central kitchen separates the spaces, enhancing functionality. The east side features several office rooms, ideal for professional services or administrative functions. The west side offers a large, open area, perfect for retail, a workshop, or adaptable to various business needs, complemented by a smaller office. The property boasts significant architectural charm, showcasing authentic Northern New Mexican style with prominent vigas and beams, a shepherd's fireplace, a water fountain, hornos (traditional ovens), intricately carved pillars, and carved doors. Its location along the Riverside adds to its appeal and visibility. The seller is open to exploring creative financing options and potential rental arrangements, making this an attractive proposition for both owner-occupiers and investors. The commercial district zoning allows for a wide range of business services. This property offers a blend of historical character and modern adaptability, making it a truly unique investment in the vibrant Espanola market.

Property profile
Verified
Property type Individual retail properties
Use group APPLIANCE STORE
Total area 9,200 SF
Lot 0.6 ac (26,136 SF)
APN 1 047 122 225 082
UPID US61-1038111
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
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Owner & transaction history
ROY T ARCHULETA
ROY T ARCHULETA
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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