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Rockin J 140 NM-371 Hwy

4,516 SF Retail Building Thoreau, NM 87323 $361,394 CAD ($80 CAD/SF)

Investment Highlights

  • High traffic count form HWY 371
  • Can be used for any purpose, from retail to nursery to Doctors offices
  • Great visibility

Executive Summary

Interested in a prime location for a new -or expanded- business in a proven, well-traveled location that serves a large portion of the McKinley County area?
Here's a 4500 Sq. Ft. Commercial Building sitting on 1.26 acres, with an apartment. Located on the north end of Thoreau, on HWY 371. Great location with high visibility and high traffic count. Formerly a Trading Post and Livestock sales. The back is fenced and gated with corrals and pens for livestock. The pens are are (5) 20' x 20' covered stalls with 2 seperate turn-out pens/corrals and a round pen. The mostly-enclosed barn is approximately 24' x 40'. All pens and corrals are pipe.
The Trading Post has a large walk in vault, plenty of storage areas, a kitchen area and three bathrooms.
There's a second 640 Sq Ft building on the property, presently being leased to a Tire Shop.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,516 SF
Building Class
B
Year Built
1980
Price
$361,394 CAD
Price Per SF
$80 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
1.26 AC
Opportunity Zone
Yes
Zoning
Commercial/Residential - Thoreau is has no designated zonings, the property can be used for commercial or residential.
Frontage
180 ft on HWY 371

Amenities

  • 24 Hour Access
  • Corner Lot
  • Fenced Lot
  • Freeway Visibility
  • Security System
  • Storage Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R657921
Land Assessment
$11,734 CAD (2023)
Improvements Assessment
$48,622 CAD (2023)
Total Assessment
$60,356 CAD (2023)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024 Payable 2024
  • Listing ID: 31976844

  • Date on Market: 2024-05-31

  • Last Updated:

  • Address: 140 NM-371 Hwy, Thoreau, NM 87323

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