1018 State Rd 17

  • Price: $1,195,000
  • MLS: 202401328
  • Status: Active
  • Type: Business
  • Acres: 1.27
  • Area: 41-Chama

Presenting Broker

Liz Sheffield

Liz Sheffield

(505) 660-4299

Email Me

BARKER REALTY
530 S. Guadalupe Street
Santa Fe, NM 87501

    Description

    We are pleased to present a distinguished investment opportunity in a highly sought-after location. This offering memorandum outlines the details of a unique property that combines strategic positioning, robust income potential, and compelling market dynamics. It represents not just an investment in real estate, but a stake in the community's growth and prosperity. This remarkable property boasts over 4,450 square feet of versatile space, thoughtfully designed to accommodate a range of commercial uses. Sitting on a sprawling 1.27 acres of prime land, it offers expansive outdoor areas for additional development, parking, or landscaping, enhancing the overall value and appeal of the investment. Versatile Space: With over 4,450 INTERIOR AND OVER 1,000 SQ. FT. of outdoor seating and adaptable space, the property is ideal for a variety of commercial endeavors, from retail and office spaces to specialty services, providing a flexible foundation for growth and innovation. The building has had extensive improvements including updated kitchen and trade fixtures, newly remodeled dining hall, bar and seating area, new exterior, and an updated outdoor dining area. Please ask for a list of all upgrades to the property. Expansive Lot: The 1.27-acre lot not only affords ample parking and accessibility but also presents significant opportunities for expansion or redevelopment, allowing investors to maximize their ROI through strategic enhancements or additional constructions.Strong Market Dynamics: The property benefits from its location in a thriving seasonal market, characterized by high demand, limited supply, and favorable tourism trends, promising sustained appreciation and rental income growth.

    Additional Features

    • Type Business
    • Days On Market 105
    • Parking FeaturesParking Available
    • UtilitiesElectricity Available
    • FlooringTile, Wood
    • Construction MaterialsFrame
    • RoofMetal
    • Water SourcePublic
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    Neighborhoods

    Abiquiu Area

    “It is not a country of light on things -it is a country of things in light.” Georgia O’Keeffe About 60 miles north of Santa Fe, Abiquiu and surrounding communities of El Rito, Gallina, Ojo Caliente and Chama to the north are some of the most beautiful landscapes New Mexico has to offer. Celebrated artist Georgia O'Keeffe lived at nearby Ghost Ranch for many years and also bought a house

    Schools

    Listing Brokerage

    John Gillam

    EXIT Realty Home & Ranch

    IDX listing
    The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Keller Williams Realty are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.