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92 E Church St
Edgewood, NM 87015
CASHFLOWING MULTI-TENANT RETAIL FOR SALE · Retail Property For Sale
Investment Highlights
- Across from Walmart and surrounded by national retailers. ±4,031 vehicles per day.
- Significant opportunity for rent restructuring or repositioning into a stabilized multi-tenant investment.
Executive Summary
BLENDED OFFERING – PROPERTY + BUSINESS PACKAGE
Asking Price (Combined): $1,000,000
Includes: Real Estate + The Red Barn Business
PROPERTY SALE DESCRIPTION – "Church St. Market”
92B Church St & 92C Church St
Offered at: $750,000 (Appraised Value)
Building Size: ±12,138 SF
Lot Size: ±3.12 Acres (135,908 SF)
Zoning: RS (Residential Services)
Location: Edgewood, New Mexico
Property Overview :
Unique is the word for Church St. Market, an indoor “Main Street” experience filled with shops, artisans, and local treasures. Situated on Edgewood’s busiest retail corner, this multi-tenant property presents an ideal investment or owner user opportunity with tremendous upside potential.
Investment Highlights
Prime Corner Location: Across from Walmart and surrounded by national retailers. ±4,031 vehicles per day.
Large Parcel: 2.26 acres with excellent visibility and access.
Building Size: ±12,138 SF offering flexible retail configurations.(optional portable classroom building for additional purchase price)
Tenant Mix: Local small businesses, most on month-to month terms, long operating histories (some 10+ years).
Upside Potential: Significant opportunity for rent restructuring or repositioning into a stabilized multi-tenant investment.
Owner-User Option: The entire building can be delivered vacant if desired for owner-occupancy or redevelopment.
High Demographics: Average household income of $88,000 within 5 miles.
Asking Price (Combined): $1,000,000
Includes: Real Estate + The Red Barn Business
PROPERTY SALE DESCRIPTION – "Church St. Market”
92B Church St & 92C Church St
Offered at: $750,000 (Appraised Value)
Building Size: ±12,138 SF
Lot Size: ±3.12 Acres (135,908 SF)
Zoning: RS (Residential Services)
Location: Edgewood, New Mexico
Property Overview :
Unique is the word for Church St. Market, an indoor “Main Street” experience filled with shops, artisans, and local treasures. Situated on Edgewood’s busiest retail corner, this multi-tenant property presents an ideal investment or owner user opportunity with tremendous upside potential.
Investment Highlights
Prime Corner Location: Across from Walmart and surrounded by national retailers. ±4,031 vehicles per day.
Large Parcel: 2.26 acres with excellent visibility and access.
Building Size: ±12,138 SF offering flexible retail configurations.(optional portable classroom building for additional purchase price)
Tenant Mix: Local small businesses, most on month-to month terms, long operating histories (some 10+ years).
Upside Potential: Significant opportunity for rent restructuring or repositioning into a stabilized multi-tenant investment.
Owner-User Option: The entire building can be delivered vacant if desired for owner-occupancy or redevelopment.
High Demographics: Average household income of $88,000 within 5 miles.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
12,138 SF
Building Class
B
Year Built
1977
Price
$750,000
Price Per SF
$61.79
Percent Leased
100%
Building Height
1 Story
Building FAR
0.09
Lot Size
3.12 AC
Zoning
RS
Property Taxes
| Parcel Number | 094532736 | Improvements Assessment | $244,116 |
| Land Assessment | $40,108 | Total Assessment | $284,224 |
Property Taxes
Parcel Number
094532736
Land Assessment
$40,108
Improvements Assessment
$244,116
Total Assessment
$284,224
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