Route 66 Investment Opportunity
113 Gold St : Grants, NM 87020
Cibola County, New Mexico
Property Description
Includes all 4 buildings and all lots with two storefronts on Gold St. Own a piece of prime commercial real estate on bustling Historic Route 66 within downtown business district of Grants, New Mexico. This recently painted with murals is an attractive commercial building offers a spacious retail area and ample room for warehousing or production. Whether you want to establish your own business or rent to a group of local entrepreneurs.
Land
Large lots equaling almost 1.3 acres.
Improvements
This is an amazing investment opportunity for someone looking to capitalize on the growing outdoor recreational industry in the area. With plenty of parking spaces, it's an amazing investment opportunity at half the cost of new construction. Don't miss out on immediate returns and the chance of saving years of waiting for a new build.
Over 18000 SQ Ft in 4 buildings on 4 lots equaling acres
Located within Main St. Development Zone
Generously accessible from all 4 sides with multiple large doors
Roof recently updated and repaired by professional company
Recreation
This is an amazing investment opportunity for someone looking to capitalize on the growing outdoor recreational industry in the area.
Region & Climate
Grants is located in north-central Cibola County. Santa Fe Avenue former Route 66 is the main road through the city, while Interstate 40 passes through the south side of the city, with access from exits 81 and 85. I-40 leads 78 miles 126 km east to Albuquerque and west 61 miles 98 km to Gallup. The town of Milan borders the northwest end of Grants.
Grants has a typical New Mexico cool semi-arid climate K ppen BSk. Located in one of the driest areas in the United States, Grants receives about 11 inches or 280 millimetres of precipitation annually. The three wettest months are July, August and September, during the monsoon season.
History
According to the United States Census Bureau, the city has a total area of 14.9 square miles 38.5 km2, all land. Grants is on the north end of the large and recent youngest flows around 3,000 years old lava field known as El Malpais the badlands, part of which is preserved as El Malpais National Monument. To the northeast of town are the San Mateo Mountains and Mount Taylor, at 11,301 feet 3,445 m the highest peak in the region. West of the city is the Continental Divide and the Zuni Mountains, an eroded anticline with 2-billion-year-old Precambrian granites and metamorphic rocks at its core. The region is primarily high desert country, dominated by sandstones and lava flows.
Location
Local airport in Grants, NM with largest commercial airport being in Albuquerque, NM 72 miles.
