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28319266
28319268

781 Broadway Ave, Des Moines, NM 88418

TB
NM 40315
Real Estate Advisors LLC
Listed by Real Estate Advisors LLC
Unpriced
201 days on market
Updated 39 days ago

High Country Mercantile Gas Station and C- Store

Details
APN 2139
Property Type Retail
Sub Type Convenience Store
Occupancy 100%
Investment Type Owner/User

Retail

Marketing description

A rare opportunity to acquire a profitable, fully operational gas station and convenience store with real estate, fuel operations, and a New Mexico Dispenser Liquor License all included in the sale. High Country Mercantile serves as one of only two fuel providers in the entire region, creating a near-monopoly position in a rural trade area with strong year-round demand from locals, ranchers, travelers, truckers, and seasonal hunters.

This is a true turnkey owner-operator or investor acquisition with multiple income streams and stable, repeat customer traffic.

Investment highlights

  • Offering includes turnkey gas station, convenience store business, liquor license, real estate & inventory.
  • One of only 2 gas stations in this rural market
  • Fuel tanks: Two tanks, above-ground, horizontal, single wall serviced by Patriot Petroleum. One 10,000gal unleaded tank and one split 10,000 gal tank with 5,000 premium unleaded and 5,000 diesel fuel.
  • New Mexico Dispenser Liquor License included with the offering.
  • Additional acreage available behind store.
  • Mounted animal heads not included in sale.
  • Additional acreage behind property also available for sale separately.
  • Multiple revenue streams: Fuel, convenience retail, liquor sales, lottery, ATM, merchandise.
  • Consistent financial performance:
  • 2025 EBITDA (Jan–Aug annualized): ~$122,000
  • 2024 EBITDA: ~$119,000
  • 2023 EBITDA: ~$122,000
  • Fuel volume: Average ~33,000 gallons/month across unleaded, premium, and diesel.
  • Clean operation with strong community reputation.
  • Liquor sales add meaningful income and create a competitive advantage.
  • Real Estate & Assets
  • Fee simple ownership of the site.
  • Monument signage on Broadway Ave with excellent visibility.
  • Above-ground tanks serviced by Patriot Petroleum:
  • (1) 10,000-gallon unleaded
  • (1) split 10,000-gallon tank (5,000 premium / 5,000 diesel)
  • Modern canopy, pumps, POS, coolers, shelving, and fixtures included.
  • Well-maintained building with retail area, storage, cold beverage displays, and walk-in cooler.
  • Additional acreage behind the store available, offering expansion potential (RV parking, truck bays, storage, new retail space, etc.).

Listing Contacts

TB
NM 40315
Real Estate Advisors LLC
Listed by Real Estate Advisors LLC

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