Reserve NM Commercial for Sale
$75,000
94 Main Street Reserve, NM 87830
- Type:
- General Commercial
- Sq.Ft.:
- 1,152
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.47 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- 20236503
ADDITIONAL INFORMATION
This is a large lot, almost half an acre, in downtown commercial Reserve location with lots of frontage on Main St / Hwy 435. Though the building is currently abandoned and inaccessible, there appears to be great bones for the right Buyer to help their dreams come true. Assessor puts square footage at 1152, Buyer should verify. There appears to be an unfinished basement/cellar as well as a small attic. There is also a stone well on the property that the NM Environment Dept monitors to keep an eye on lead levels in Reserve's water. Will provide documentation upon request.
Reserve Real Estate
The median home value in Reserve, NM is $171,100. This is lower than the county median home value of $245,280. The national median home value is $338,100. The average price of homes sold in Reserve, NM is $171,100. Approximately 38.5% of Reserve homes are owned, compared to 13% rented, while 48.5% are vacant. Reserve real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Reserve real estate agent to arrange a tour today!
Reserve, New Mexico has a population of 388. Reserve is less family-centric than the surrounding county with 11.43% of the households containing married families with children. The county average for households married with children is 17.16%.
The median household income in Reserve, New Mexico is $29,926. The median household income for the surrounding county is $37,623 compared to the national median of $69,021. The median age of people living in Reserve is 25.8 years.
Reserve Weather
The average high temperature in July is 88.4 degrees, with an average low temperature in January of 15.6 degrees. The average rainfall is approximately 18 inches per year, with 16.4 inches of snow per year.