Mixed-Use Land for Sale in Cuba, New Mexico
6474 US-550 Cuba, NM 87013
Unlock a unique investment with the 33-key Frontier Motel on US-550 in Cuba, NM, a key route to the Four Corners and more. This property includes two parcels: 6474 Main St with 20 keys, a front office, storage building with an unused bar/game area and a vacant 4-bedroom, 3-bath commercial residence, and 6471 Main St with 13 keys and a separate vacant residence/possible front office.With 16,537 SF of improvements on 3.25 acres, including 2 acres of surplus residential-zoned land for development, and 7,000 SF of unused space for expansion, the potential is vast. 2024 YTD financials show $271K gross income vs. $150K expenses, underscoring its profitability. Priced at $1.25M, it's ideal for investors or owner/operators seeking growth. Full financials available upon NDA.
Directions
From the intersection of US-550 and NM-528 in Rio Rancho, head northwest on US-550 for approximately 62 miles. The property is located in the Village of Cuba, directly across from the Speedway gas station on the right-hand side.
Location
- Street Address
- 6474 US-550
- County
- Sandoval County
- Elevation
- 6,926 feet
Property details
- MLS Number
- SWMLS 1073731
- Date Posted
Property taxes
- Recent
- $3,946
Parcels
- 2-005-122-075-460
Legal description
Legal: S: 29 T: 21N R: 1W Subd: LANDS OF GALLEGOS LILLIE Tract: 1BLegal: S: 29 T: 21N R: 1W Subd: LANDS OF GALLEGOS LILLIE Tract: 2C
Detailed attributes
Listing
- Type
- Commercial Sale
- Subtype
- Hotel-Motel
- Franchise
- Keller Williams Realty
Structure
- Stories
- 2
- Materials
- Adobe, Block, Frame, Slump Block, Stone, Stucco, Wood Siding
- Cooling
- Evaporative
Exterior
- Parking Spots
- 33
- Parking
- Guest
Interior
- Floors
- Carpet
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Nov 10, 2024 | New listing | $1,250,000 | — | SWMLS |