Mixed-Use Land for Sale in Peñasco, New Mexico

RETAIL OPPORTUNITY IN PENASCO, NM Pacheco's High Road Market - own a piece of Penasco history! This commercial property presents an opportunity to acquire a well-established and beloved family-owned food market and convenience store, an institution within the charming village of Penasco, New Mexico. Located on the main highway, the store boasts excellent visibility, access, parking, and traffic flow. Features and benefits include: Proven profitability: a long history of strong cash flow, stable sales and income, making this a profitable investment. Dual income potential: The property comprises two distinct spaces: a generous 4160 sq ft market and convenience store, and a separate 1344 sq ft space ideal for an additional tenant, providing immediate rental income and future expansion possibilities. Prime location: Situated on 0.72-acre lot in the heart of Penasco, the property benefits from high visibility and easy access for both local residents and travelers on the scenic High Road to Taos. Community cornerstone: As a long-standing business in the community, the store enjoys a loyal customer base and strong ties to the local culture and economy. Future growth potential: The extra space and ample lot size provide flexibility for future development or diversification of business offerings. The 2-bay car wash could be re-commissioned to provide a third income stream. Penasco: is a growing community! Penasco, a census-designated place (CDP) in Taos County, offers a blend of suburban and rural living, attracting both long-time residents and newcomers seeking a peaceful lifestyle. The area is known for its natural beauty and proximity to outdoor recreation opportunities, attracting tourists and residents alike. The community and steady traffic flow create a favorable environment for this type of business. This is a chance to own a piece of Penasco's heritage in the form of a profitable business with a strong foundation for continued success. Contact Nova or John today to learn more about this exceptional investment!