A popular and well-used shopping plaza in Raton, New Mexico, dating to the late 1970s, is being listed for sale for $3.7 million.
The Dona Ana Plaza, located at 1239 S. 2nd Street, comprises just over 77,000 square feet of retail space on a 6.7-acre site on the south side of the city and just to the west of Interstate 25.
It is additionally located in an area dotted with restaurants, gas stations, and retail operations, just several miles from the Colorado border.
The one-story retail center is the home to a Family Dollar outlet and the Mesa Pharmacy, among other tenants. A Super Save Discount Foods store in the plaza is the only available grocery store within a 20-mile radius.
A Bealls clothing store at the site closed in 2020. A former K-Mart store adjacent to the site ceased operations in 2018.
The plaza was officially opened in March of 1978, and originally housed a Safeway Supermarket and Revco Drug store. A second portion of the plaza was completed shortly afterwards.
The property is being listed with the Irvine, California-based realtor Marcus & Millichap.
By Garry Boulard