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Listed by Shelbi G Allen Coldwell Banker Cornerstone
$ 1,200,000
Est. payment /mo
New
801 W BROADWAY AVE Bloomfield, NM 87413
6,860 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,860 sqft
Price per Sqft $174
MLS Listing ID 26-1059
Property Sub-Type Commercial
Source San Juan County Board of REALTORS®
Land Area 6860
Property Description
INVESTMENT OPPORTUNITY on US Highway 64 in Bloomfield, NM! The Bloomfield Motel is an established 19-room independent motel offering existing operations, onsite management accommodations and significant value-add potential. Situated on a 0.564-acre corner lot with approximately 124 feet of frontage, the property offers excellent visibility along W. Broadway/US 64. The motel features a variety of studio guest-room configurations accommodating both nightly and extended stays, plus one apartment-style unit. Guest rooms are offered furnished, allowing the next owner to continue operations following acquisition. A separate 2-bedroom, 1-bath manager's residence is connected to the office, providing convenient onsite housing for an owner or manager without sacrificing motel room inventory. Operational features include a public guest laundry, separate employee laundry for motel linens and housekeeping, office, storage and onsite parking. Current ownership has made improvements to the property, providing the next owner an opportunity to build upon an established operation. Currently operating below full capacity and with limited online booking exposure, the motel offers considerable upside potential through increased occupancy, expanded marketing, online booking platforms and continued operational improvements. An attractive opportunity for a hospitality investor, entrepreneur or hands-on owner/operator seeking an income-producing property with multiple avenues for future growth. Some pictures have been enhanced by AI.
Location
State NM
County San Juan
Area Bloomfield
Direction {\"Directions to Prprty\":true}
Interior
Heating Natural Gas, Electric, Forced Air
Cooling Window Unit(s)
Exterior
Garage No
Building
Faces {\"Directions to Prprty\":true}
Others
Pets Allowed No
Security Features Closed Circuit Camera(s)
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REVIEWS
Liz A
Ryan was awesome to work with. Super friendly and professional. He showed us many, many homes, and listened to our likes and dislikes as we went along. He kept us informed throughout the whole process. I highly recommend Ryan for your real estate needs. He’ll take care of you. 😁
Stetson Schmitz
Kidd Cypress