About this property
This three-building, four-unit medical complex located adjacent to the Presbyterian Española Hospital on 0.972 acres is 100%-leased and available to an investor or owner-user, subject to the existing leases. The property was completely renovated in 1995. The asking price is based on a June 2018 appraisal completed by Hippauf, Dry & Connelly.
This property is located on the northeast corner of Spruce Street and N Coronado Avenue, north of Plaza de Española which is located on the southwest corner of Paseo de Onate and Bond Street, approximately half a mile away. Plaza de Española is a cultural center and business node. The immediate neighborhood is the commercial corridor along Paseo de Onate. In the immediate area lies Presbyterian Española Hospital to the west and a religious facility to the east. Commercial use includes restaurants, small retail establishments, and car dealerships, but mostly small offices. Beyond the commercial corridor along Paseo de Onate, land use changes to almost exclusively residential.
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 7,451 sqft
- Land Size
- 0.97 acres
- Sewer
- Municipal
- Water
- Municipal
- Zoning
- ROI
- Electric
- Municipal
- Roof
- Flat
- Parking
- Adequate
- Sale Terms
- Cash to Seller
- Construction
- Stucco
- Avg Occupancy
- 100%
- Class Of Space
- B
Documents 1 file
Last updated: Sep 30, 2026
Location
- Address
-
835 Spruce Street
Espanola, New Mexico 87532