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Severo's Restaurant 109 E Corpening Ave 3,500 SF Retail Building La Mesa, NM 88044 $1,500,000 ($428.57/SF)
INVESTMENT HIGHLIGHTS
- Turnkey Restaurant/Bar Opportunity – fully equipped and operational
- Large 64,449 SF lot offering expansion potential
- On Highway 28 which is a scenic destination route, not just a pass-through road which receives much Weekend tourism from El Paso & Las Cruces
- Approx. 3,500 SF interior + 24’ x 24’ outdoor patio
- FFE estimated at approx. $175,000 (included)
EXECUTIVE SUMMARY
Real Estate is contingent upon business acquisition. LLC transfer will include all FF&E, inventory, liquor, beer, recipes, social media accounts. Buyer must qualify for liquor license lease or have their own in place. All documentation regarding the business will be accessed with a signed NDA, Proof of funds, and LOI.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
C
Year Built
1991
Price
$1,500,000
Price Per SF
$428.57
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.48 AC
Zoning
A2
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
350’ on E Corpening Ave
PROPERTY TAXES
| Parcel Number | 17-01723 | Improvements Assessment | $146,033 |
| Land Assessment | $9,000 | Total Assessment | $155,033 |
PROPERTY TAXES
Parcel Number
17-01723
Land Assessment
$9,000
Improvements Assessment
$146,033
Total Assessment
$155,033
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Severo's Restaurant | 109 E Corpening Ave
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