107 Coal AveGallup, NM 87301

Property Details for 107 Coal Ave

Property type

Commercial real estate

APN

2-105-088-518-162

APU

2105088518162

Description

This exceptional commercial property, located at 107 W Coal Ave in Gallup, New Mexico, presents a unique investment opportunity. Boasting a substantial 20,000 square feet of space, this two-story building sits on a 0.27-acre lot (APN 2-105-088-518-162) and is priced at $1,700,000 ($85 per square foot). Originally constructed in 1953, the building has a rich history, having served as the location of the original Gallup JCPenney's and more recently, the successful Sammy C's restaurant and bar. Its prime location in a bustling commercial area ensures high visibility and accessibility for customers. The property's versatile layout is ideal for a variety of uses, making it an attractive option for both established businesses and new ventures seeking a turn-key operation in a thriving New Mexico market. The building's size and prominent location offer significant potential for growth and profitability. This is a rare opportunity to acquire a well-established commercial property in a desirable location with a proven track record. The property's history and current configuration make it an ideal candidate for a variety of restaurant, bar, or retail concepts. Don't miss this chance to own a piece of Gallup's commercial history. The property is zoned for commercial use and is ready for immediate occupancy.

Location Insight

City

Gallup

County

Mckinley

State

New Mexico

Latitude

35.5272

Longitude

-108.742

CBSA code

23700

CBSA name

GALLUP, NM MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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