Route 66 Investment Opportunity

Descriptions

Own a piece of prime commercial real estate on bustling Historic Route 66 within downtown business district of Grants, New Mexico. This 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, this listing includes four buildings on a large lot with endless possibilities.

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, its an amazing investment opportunity at half the cost of new construction. Dont 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 @1.3 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 (formerRoute 66) is the main road through the city, whileInterstate 40passes through the south side of the city, with access from exits 81 and 85. I-40 leads 78 miles (126km) east to Albuquerque and west 61 miles (98km) toGallup. The town ofMilan borders the northwest end of Grants.
Grants has a typical New Mexicocool semi-arid climate(KppenBSk). 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 themonsoon season.


History

According to theUnited States Census Bureau, the city has a total area of 14.9 square miles (38.5km2), all land. Grants is on the north end of the large and recent (youngest flows around 3,000 years old) lava field known asEl Malpais(the badlands), part of which is preserved asEl Malpais National Monument. To the northeast of town are the San Mateo Mountains andMount Taylor, at 11,301 feet (3,445m) the highest peak in the region. West of the city is theContinental Divideand theZuni Mountains, an erodedanticlinewith 2-billion-year-oldPrecambriangranites 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).