527 N Riverside Dr - Storefront FOR SALE


Espanola, NM 87532
$1,267,762 USD
954-683-2000
527 N Riverside Dr, Espanola, NM for Sale
$1,267,762 USD
Storefront - FOR SALE
1/9
null | 7% Cap Rate

527 N Riverside Dr
Espanola, NM 87532


HIGHLIGHTS

  • Positioned on a prime signalized corner at the intersection of Riverside Drive and State Road 76, ensuring maximum visibility and accessibility
  • Located directly across from the Santa Claran Casino Resort and its eight-story hotel, the property benefits from consistent tourist and local traffic
  • Española continues to serve as a central hub for Northern New Mexico, with steady demand for well-located retail space
  • The property offers exceptional frontage as it offers a commanding presence on Riverside Drive, the city’s primary thoroughfare

OVERVIEW

This high-visibility shopping center represents a turn-key retail asset in the heart of Española’s primary commercial corridor. Positioned on a prime signalized corner at the intersection of Riverside Drive and State Road 76, this property captures the highest traffic counts in the region, serving as the gateway between Santa Fe and Taos. The property is a versatile multi-tenant layout designed for maximum retail exposure. Investment Highlights Include: Unbeatable Location: Directly across from the Santa Claran Casino Resort and its eight-story hotel, benefiting from constant tourism and local activity. Shadow Anchored: Surrounded by major national traffic drivers, including Walmart Supercenter and Lowe’s Home Improvement, which solidify this corridor as the region's dominant shopping destination. Exceptional Frontage: Commanding presence on Riverside Drive, the main artery for the city and surrounding rural communities. Growth Potential: Española continues to serve as a central hub for Northern New Mexico, with a steady demand for well-located retail space.

FOR SALE DETAILS

PRICE

$1,267,762 USD

PRICE/SF

$92 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

76 Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

51

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,014 SF

ZONING

B2

APN/PARCEL ID

174650496

ASK ABOUT THIS PROPERTY

Rick GroschJalmark RealtyMore Info
954-683-2000

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Rick GroschJalmark RealtyMore Info
954-683-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.