For Sale
$199,000

1207 AveCarrizozo, NM 88301

High-Visibility Retail Opportunity in NM

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional commercial property, located at 1207 E Avenue in Carrizozo, New Mexico, presents a unique investment opportunity. The 0.28-acre lot encompasses a 3,988 square foot building, previously used as a motel, offering significant charm and potential for redevelopment. Its prime corner location on Highway 54 ensures unparalleled visibility to hundreds of vehicles daily, maximizing exposure for any business. The property's versatility is further enhanced by a sizable front area currently occupied by a food truck, ideal for additional revenue streams or outdoor seating. This presents a multitude of business possibilities, from expanding the existing food truck operation to establishing a new retail venture or creating an outdoor pavilion. The asking price for this remarkable property is $199,000. The property is situated in Lincoln County, New Mexico, zip code 88301, and offers a rare blend of established infrastructure and high-traffic location. The building's existing structure provides a solid foundation for a variety of commercial uses, while the ample lot size allows for expansion or outdoor amenities. This is an exceptional opportunity to acquire a well-positioned commercial property in a growing area. The property's history as a motel adds to its unique character and potential for creative repurposing. Don't miss this chance to own a piece of Carrizozo's vibrant commercial landscape.

Highlights

  • $199,000 asking price.
  • 0.28-acre lot with 3,988 square feet of retail space.
  • Located at 1207 E Avenue, Carrizozo, NM 88301, on Hwy 54.
  • High visibility corner lot with potential for various commercial uses, including food trucks.
  • Former motel with existing food truck tenant.

Property Details for 1207 Ave

Property type
Retail properties, Land
Square Feet
3,988 SF
Lot Size (sq. ft)
12,197 SF

Location Insight

City
Carrizozo
County
Lincoln
State
New Mexico
Latitude
33.6409493
Longitude
-105.8778224
1207 Ave, Carrizozo, New Mexico

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1207 Ave
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