4 Firehouse Lane
Madrid, NM 87010
Gypsy Plaza is a thriving shopping venue in Madrid and a great opportunity for it's next owner. It was once the old Firehouse and is full of local color and flavor! There are 5 spaces that are zoned for commercial retail. They are all leased. 100% occupancy. One of the spaces is currently being used as a studio apartment and provides the opportunity for a live- work or artist in residence or could be turned back into retail space. The other stores are made up of artisans , boutique type , and retail. The spaces have been leased for the past 14 years and have a good history bringing in $3,435. per month currently. The present owner has owned Gypsy plaza for over 14 years and the tenants want to stay. Many improvements have been made.