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820 E Santa Fe Ave 5,741 SF 100% Leased Retail Building Grants, NM 87020 $1,900,000 ($330.95/SF)
Executive Summary
Introducing an exceptional opportunity for retail and restaurant investors in Grants, NM. This attractive 5,741 SF building, built in 2011 and zoned C-2, is ideally positioned to maximize visibility and accessibility. With its modern construction and strategic location, this property presents a strong foundation for commercial success.
The operating business, "El Cafecito" is included in the sale along with all the furniture, fixtures, and equipment. The business has been profitable since it opened and is a local favorite which incorporates an included drive-thru lane with window to maximize sales.
Highlights
Beautifully maintained retail building and property
Profitable business and local favorite staple included in the sale
Owner/sellers will stay on for a negotiated period of time to train a new buyer
Furniture, fixtures, and equipment included
Versatile space for redevelopment if a buyer decides to go a different direction
Located on the original Route 66
"El Cafecito" has operated from this "then" new build since 2011 but has been in business for 39 years
An addition of a beer and wine or full liquor license could increase sales and value
The operating business, "El Cafecito" is included in the sale along with all the furniture, fixtures, and equipment. The business has been profitable since it opened and is a local favorite which incorporates an included drive-thru lane with window to maximize sales.
Highlights
Beautifully maintained retail building and property
Profitable business and local favorite staple included in the sale
Owner/sellers will stay on for a negotiated period of time to train a new buyer
Furniture, fixtures, and equipment included
Versatile space for redevelopment if a buyer decides to go a different direction
Located on the original Route 66
"El Cafecito" has operated from this "then" new build since 2011 but has been in business for 39 years
An addition of a beer and wine or full liquor license could increase sales and value
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,741 SF
Building Class
B
Year Built
2011
Price
$1,900,000
Price Per SF
$330.95
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.58 AC
Zoning
C-2, Grants
Parking
40 Spaces (6.97 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Drive Thru
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R16558 | Improvements Assessment | $140,299 |
| Land Assessment | $12,800 | Total Assessment | $153,099 |
Property Taxes
Parcel Number
R16558
Land Assessment
$12,800
Improvements Assessment
$140,299
Total Assessment
$153,099
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820 E Santa Fe Ave