Property Overview: The Brown Derby – Unique Commercial Opportunity in Santa Clara, NM

Discover the exceptional potential of this versatile property in the heart of Santa Clara, NM. Located in a designated Community Development Zone, this offering presents a dynamic combination of commercial and residential assets, ideal for investment or redevelopment.

Commercial Property Highlights

Building Size: 8,904 square feet.
Previous Use: The property formerly operated as a nightclub and event hall, providing ample space for entertainment, social gatherings, and community events.
Additional Features: Includes cold storage, making it adaptable for a variety of commercial uses such as food service, storage, or retail.
Potential Uses: Nightclub, banquet facility, event center, retail outlet, storage facility, or a creative reimagining of the space.

Residential Property Details

Included House: A 1,536-square-foot, 3-bedroom, 2-bathroom home.
Income Potential: The house is currently rented for $750 per month, offering a steady rental income stream.
Residential Features: Comfortable layout, well-maintained interior, and located conveniently adjacent to the commercial property.

Investment Opportunity

Situated within a Community Development Zone, this property qualifies for potential incentives that encourage growth and revitalization, making it a smart investment for developers, entrepreneurs, and business owners.

Whether you're looking to create a thriving entertainment venue, expand into mixed-use development, or simply enjoy a turnkey income property, the Brown Derby offers an unparalleled combination of space, location, and potential.

For inquiries and to schedule a viewing, contact us today!

Prosper Real Estate

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Michael Carpenter