1945 Rt. 66Edgewood, NM 87015
- Retail properties
- 7,304 SF
Property Details for 1945 Rt. 66
- Lot size
- 1.01 AC
- Property size (Sq ft)
- 7,304 SF
- Property type
- Retail properties
- Property subtype
- Lifestyle centers
Description
This 7,304 square foot shopping center presents a compelling investment opportunity for owner-occupants or value-add investors. Located in Edgewood, New Mexico, on the historic Route 66, this property boasts high visibility due to its prime location. The center comprises five units situated on a 1.014-acre lot (APN 99304844) and is zoned C-2 Commercial. Its strategic placement near Smith's Grocery, the city's economic hub, and adjacent to other retail tenants ensures consistent traffic and exposure. Further enhancing its appeal, the property benefits from its proximity to Interstate 40 (1/4 mile) and is only 30 minutes from Albuquerque. The asking price is $299,000, translating to $40.94 per square foot. This well-positioned shopping center offers significant potential for growth and return on investment. The property is currently for sale by owner. This is a rare opportunity to acquire a thriving retail center in a high-traffic area.
Location Insight
- City
- Edgewood
- County
- Santa Fe
- State
- New Mexico
- Latitude
- 35.0601
- Longitude
- -106.189
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