For Sale
$600,000

502 Lake St Tucumcari, NM 88401

1.16-acre lot, established business

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 1.16-acre commercial property at 502 S Lake Street, Tucumcari, New Mexico, 88401, presents a unique investment opportunity. Built in 1980, this versatile property encompasses land, office, retail, and industrial space, currently housing a thriving farm and ranch supply store, a highly-rated barbeque restaurant (Watson's Barbeque, ranked 13th in a 2018 Travel + Leisure article), and a gift shop. The existing business, operating for over 36 years, boasts a diverse inventory including farm and ranch supplies, clothing, footwear, home décor, western goods, and a selection of meats and other food items. The business also benefits from a strong online presence and 5-star TripAdvisor reviews. The property's location in Quay County offers excellent visibility and access, making it ideal for continued operation of the existing business or redevelopment to suit a variety of commercial ventures. The asking price is $600,000. This is a rare chance to acquire a well-established, multi-faceted business with significant potential for growth and return on investment.

Highlights

  • 1.16-acre commercial property in Tucumcari, NM.
  • Built in 1980, the property includes land, office, retail, and industrial space.
  • Currently houses a farm and ranch supply store, a highly-rated barbeque restaurant, and a gift shop.
  • Established business with over 36 years of operation, strong online presence, and 5-star reviews.
  • Asking price: $600,000.

Property Details for 502 Lake St

Property type
Warehouses, Retail properties
Year Built
1980
Lot Size (sq. ft)
50,530 SF

Location Insight

City
Tucumcari
County
Quay
State
New Mexico
Latitude
35.1745845
Longitude
-103.7117609

FAQs

What type of property is this?
Warehouse - 1.16-acre lot, established business
Where is the warehouse located?
The property is located at 502 Lake St Tucumcari, NM.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 1.16-acre commercial property in Tucumcari, NM.; Built in 1980, the property includes land, office, retail, and industrial space.; Currently houses a farm and ranch supply store, a highly-rated barbeque restaurant, and a gift shop.
How can I contact the broker?
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502 Lake St
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