Investment Opportunity
813-817 N 1st St, Grants, NM 87020
Overview
Prime Investment Opportunity in Grants, NM with Value-Add Potential
Discover a unique investment opportunity in the heart of Grants, NM, offering both stable income and strong potential for future growth. This commercial property includes one suite currently on a month-to-month lease, making it an ideal choice for a user/owner investment. The building features long-standing tenants in three out of four suites, all of which are secured by multi-year leases, ensuring a reliable cash flow.
Recent improvements have increased the property's appeal, including installing energy-efficient exterior LED lighting and an upgraded pylon sign, which enhance visibility and attractiveness. Additionally, the property has benefited from citywide upgrades undertaken in 2022. These improvements include newly built sidewalks, repaved asphalt, modern plumbing and drainage systems, and new LED street lighting along 1st Street, one of Grants' main roads just behind Grants High School.
- Good User/Owner Opportunity
- Value Add Opportunity
- Recently Updated Infrastructure
- Seller Financing is available
- 100% Occupied
Lease Spaces
| Name | Rate | SF | Former Use | |
|---|---|---|---|---|
| 819 1/2 N 1st Street | $500 /Month | 1,200 SF | Street Retail |
For Sale
Secondary Uses: Strip Center
- Sale Price
- $260,000
- Price Per SF
- $25/SF
- Building Size
- 10,418 SF
- Acres
- 0.16 ac
- Zoning
- C-2
- Zoning Description
- General Commercial
- Sale Terms
- Cash to Seller
- Number of Buildings
- 1
- Floors
- 1
- Construction Type
- Framed
- Parking Spaces
- 28
- Tax ID Number
- R18951
- Property Use Type
- Business
- Property Status
- Existing
- Average Occupancy Rate
- 100%
- Lot Size
- 50' x 142'
- County
- Cibola
- Available
- 05/02/2023
- Created
- 05/02/2023
- Updated
- 10/14/2025
- Listing ID
- 7252f335
- Parcel APN
- 2055062240402
Contact Broker
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