527 N Riverside Dr.

1 of 6
  • Price: $750,000
  • MLS: 201904303
  • Status: Active
  • Type: Investment
  • Acres: 0.95556
  • Area: 31-Espanola
  • Total Sqft: 11,026

Presenting Broker

Shane Cronenweth

Shane Cronenweth
(505) 577-2000
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Property Description

Sale Price $750,000 Price/SF $68.02 Net Operating Income (as is) $68,000 Cap Rate 9.07% Property Highlights: 94% occupied retail center Upside potential by renewing leases with NNN and leasing 6K SF storage Located at signalized intersection Good visibility with easy access Adjacent to iconic El Paragua Restaurant, Italian Infusion, Santa Claran Hotel & Casino Monument sign at corner Ample parking Owner financing available

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Neighborhood Info

Nambe Area

The areas to the north between Santa Fe and Taos possess some of the most spectacular and varied landscapes in New Mexico. Beautiful communities line the Taos Gorge and the Rio Grande like Espanola, Velarde & Dixon along what is called the 'Low Road' to Taos. The 'High Road' is a scenic, winding road through the Sangre de Cristo Mountains that runs between Santa Fe and Taos. Among the quaint

Additional Information

  • Type: Investment
  • Days On Market: 300
  • Total Sqft: 11,026 sqft

Listing Brokerage

IDX listing

Carlos Garcia

NAI Maestas & Ward Santa Fe

The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Sotheby's International Realty ® are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.