6474 Us-550Cuba, NM 87013

Property Details for 6474 Us-550

Lot size

3.25 AC

Property size (Sq ft)

16,537 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a 33-key motel strategically located on US-550 in Cuba, New Mexico, a major thoroughfare to the Four Corners region and beyond. The property encompasses two parcels totaling 3.25 acres, offering significant expansion potential. The main parcel, featuring 20 motel keys, a reception area, and a storage building with an undeveloped bar and game area, also includes a vacant four-bedroom, three-bathroom commercial residence. A second parcel adds 13 more motel keys and another vacant residential building suitable for conversion into additional office space. The total improved square footage is 16,537 square feet. Two acres of the land are zoned for residential development, presenting further expansion or redevelopment possibilities. A notable 7,000 square feet of currently unused space offers ample room for future growth and adaptation. Year-to-date 2024 financial records indicate a gross income of $271,000 against expenses of $150,000, demonstrating strong profitability. Priced at $1,250,000, this property is an attractive proposition for both investors and owner-operators seeking a high-return, established business with substantial upside. Complete financial statements are available under a non-disclosure agreement.

Location Insight

City

Cuba

County

Sandoval

State

New Mexico

Latitude

36.0261

Longitude

-106.96

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