CASHFLOWING MULTI-TENANT RETAIL FOR SALE
Retail | 12,138 SqFt
Marketing description
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.
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