Description

Church St. Market, located at 92B and 92C Church Street in Edgewood, New Mexico, offers a unique opportunity to acquire both the real estate and the established Red Barn business in a distinctive indoor “Main Street” retail environment. Offered at its appraised value of $750,000, the property encompasses approximately 12,138 square feet on more than 3 acres and is strategically positioned on one of Edgewood’s busiest retail corners directly across from Walmart and surrounded by national retailers. Designed as a multi-tenant marketplace featuring local shops, artisans, and specialty vendors, the property benefits from strong community presence and long-standing tenant relationships, with several businesses operating on-site for more than a decade. The flexible layout allows for a variety of retail configurations, with additional upside through rent restructuring, repositioning, or redevelopment into a stabilized investment asset. Most tenants operate on month-to-month agreements, giving a future owner flexibility to enhance income or occupy the property directly, as the building can also be delivered vacant for owner-user purposes. The site offers excellent visibility, convenient access, strong surrounding demographics with average household incomes of approximately $88,000 within a five-mile radius, and additional expansion potential through an optional portable classroom building available for separate purchase.