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311 Garfield Ave 7,200 SF Retail Building Springer, NM 87747 $250,000 ($34.72/SF)

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INVESTMENT HIGHLIGHTS

  • Updates to electrical panels and wiring have been completed in areas of the building, with heavy electrical use in mind
  • Potential to be built into apartment style living spaces
  • Centrally located in Springer, just across from the Middle School

EXECUTIVE SUMMARY

This sturdily built building is centrally located in Springer, just across from the Middle School. The potential uses are numerous. The large open space of the grand hall would work wonderfully as a wedding venue, a space for birthdays or anniversary parties, meetings, seminars, dances, and more. Built in the early 60's, this building retains much of its mid-century character. A large, fully stocked kitchen is located in the walkout-ground level basement. A large open hall could act as a cafeteria, or recreation area. Nicely finished offices have recently been built in the basement as well. Updates to electrical panels and wiring have been completed in areas of the building, with heavy electrical use in mind. This building even has the potential to be built into apartment style living spaces.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,200 SF
Building Class
C
Year Built
1960
Price
$250,000
Price Per SF
$34.72
Tenancy
Single
Building Height
2 Stories
Building FAR
0.35
Lot Size
0.47 AC
Frontage
101’ on Garfield Avenue

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17458
Land Assessment
$2,368
Improvements Assessment
$61,861
Total Assessment
$64,229
  • Listing ID: 37070528

  • Date on Market: 8/1/2025

  • Last Updated:

  • Address: 311 Garfield Ave, Springer, NM 87747

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