4 Firehouse Lane
Madrid, NM 87010

Description

Gypsy Plaza is a thriving shopping venue in Madrid and a great opportunity for it's next owner. It was once the old Firehouse and is full of local color and flavor! There are 5 spaces that are zoned for commercial retail. They are all leased. 100% occupancy. One of the spaces is currently being used as a studio apartment and provides the opportunity for a live- work or artist in residence or could be turned back into retail space. The other stores are made up of artisans , boutique type , and retail. The spaces have been leased for the past 14 years and have a good history bringing in $3,435. per month currently. The present owner has owned Gypsy plaza for over 14 years and the tenants want to stay. Many improvements have been made.

Details

MLS#201901091
Sub-TypeLive/Work
StatusActive
Days On Site115

Features

SQ Feet3,000
Story(s)1
Zoning1841

Loading Form

Loading Form

Area Information

StateNM
CountySanta Fe
CityMadrid
Zip Code87010
Area12-Madrid/Cerrillos
Listing VS Median (in 87010)
Price:
$398,000
low | high
Med:
$219,000
94.974874371859% of Average
SqFt:
3,000
low | high
Med:
0
100% of Average
$ / SqFt:
$133
low | high
Med:
$0
100% of Average
On Site:
115
low | high
Med:
192
59.895833333333% of Average
Listing Updated: 07/19/2019
MLS Number: 201901091
Listing Provided By:
Amy Bobrick  of  Keller Williams