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1139 Grand Ave
Las Vegas, NM 87701
Retail Property For Sale
Investment Highlights
- Former KFC Restaurant w/ Drive Thru in Las Vegas, NM
- Upside in Leasing Potential or Owner/User Occupancy
- Superior Location w/ Limited Competition | Strategic Trade Area
- Within Walking Distance to Schools, Hotels & Local Businesses
- Private Lit Parking Lot + Street Parking | Great Visibility
- Prime Commercial Lot w/ Flexible Zoning
Executive Summary
Property Description
The building was formerly used as a KFC and features a drive-thru along with an existing kitchen hood, ample kitchen space, large open areas, (2) private restrooms, and a functional floorplan perfect for any drive-thru restaurant franchise. This property offers excellent visibility and convenient access, with ample private parking, excellent existing signage, & direct access to Interstate 25 making it an ideal place to stop for both travelers & local residents.
Location Description
Located along Las Vegas, New Mexico's primary commercial corridor, surrounded by various small businesses, restaurants, and service oriented storefronts. Nearby quality tenants include Burger King, Piccadilly Circus Pizza, Olivia's Cafe, Hillcrest Restaurant, Dairy Queen, The Skillet, Wendy's, Starbucks, McDonald's, Gene Torres Golf Course, Alta Vista Regional Hospital, Walmart Supercenter, New Mexico Highlands University, among many others. The property right off of busy Interstate 25 that offers easy access to state roads 104 & 518.
Las Vegas is a city in the state of New Mexico in the United States. It is the county seat of San Miguel County. Las Vegas was once two separate municipalities, one named West Las Vegas ("Old Town") and one named East Las Vegas ("New Town"). They were separated by the Gallinas River and still retain distinct characters and separate school districts.
The building was formerly used as a KFC and features a drive-thru along with an existing kitchen hood, ample kitchen space, large open areas, (2) private restrooms, and a functional floorplan perfect for any drive-thru restaurant franchise. This property offers excellent visibility and convenient access, with ample private parking, excellent existing signage, & direct access to Interstate 25 making it an ideal place to stop for both travelers & local residents.
Location Description
Located along Las Vegas, New Mexico's primary commercial corridor, surrounded by various small businesses, restaurants, and service oriented storefronts. Nearby quality tenants include Burger King, Piccadilly Circus Pizza, Olivia's Cafe, Hillcrest Restaurant, Dairy Queen, The Skillet, Wendy's, Starbucks, McDonald's, Gene Torres Golf Course, Alta Vista Regional Hospital, Walmart Supercenter, New Mexico Highlands University, among many others. The property right off of busy Interstate 25 that offers easy access to state roads 104 & 518.
Las Vegas is a city in the state of New Mexico in the United States. It is the county seat of San Miguel County. Las Vegas was once two separate municipalities, one named West Las Vegas ("Old Town") and one named East Las Vegas ("New Town"). They were separated by the Gallinas River and still retain distinct characters and separate school districts.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,250 SF
Building Class
B
Year Built/Renovated
1988/2004
Price
$700,000
Price Per SF
$311.11
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.27 AC
Zoning
Commercial
Frontage
121’ on Grand Ave
Property Taxes
| Parcel Number | 65420 | Improvements Assessment | $154,712 |
| Land Assessment | $30,606 | Total Assessment | $185,318 |
Property Taxes
Parcel Number
65420
Land Assessment
$30,606
Improvements Assessment
$154,712
Total Assessment
$185,318
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