Freestanding Conventional
For Sale
$2,999,999
1097 Mechem Dr, Ruidoso, NM 88345
Operating restaurant with full-service bar, guest parking, and a highway-oriented setting.
Property Size4,449 SF
Price / SF$674.31
Days on Market1103
Property Features for 1097 Mechem Dr
General Information
Standard status
Active
Size
4,449 SF
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$11,106
Listing Agency:
REMAX Sierra Blanca Realty
(575) 257-6000
Listed By:
James Russ
(575) 937-2756
Source:
Exprealty
Added: Oct 11, 2023
Changed: Oct 3
Last Checked: Oct 16 at 2:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX Sierra Blanca Realty
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Investment Insights
Based on property information with market context.
This 4,449-square-foot conventional restaurant property at 1097 Mechem Dr includes a dining operation with hamburger and chicken offerings, beer service, and a full-service bar. The sale is described as including the equipment, furnishings, and other components needed for continued restaurant operations.
The property occupies a highway-oriented setting in Ruidoso and provides guest parking. An experienced operating team is available to remain with the business, including multiple staff members with more than 10 years of tenure, supporting continuity through a transition.
The property occupies a highway-oriented setting in Ruidoso and provides guest parking. An experienced operating team is available to remain with the business, including multiple staff members with more than 10 years of tenure, supporting continuity through a transition.
Key Highlights
- 4,449‑square‑foot conventional restaurant property
- Full‑service bar with beer service
- Hamburger and chicken restaurant concept
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
13k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 87%
Dining 13%
Dollar General
Shops & Services
9,014 visits/mo
0.1 miles
Chevron
Shops & Services
2,697 visits/mo
0.4 miles
SUBWAY
Dining
1,707 visits/mo
0.4 miles
Demographics for 88345, NM
8,423
Population
8,844
Households
1
Avg Household Size
52
Median Age
33%
College-Educated
92%
High-School Grad
39.3 sq mi
ZIP Area
214
Density / Sq Mi
$51,008
Median Household Income
$30,842
Median Earnings
$916
Median Rent
$232,400
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating restaurant with full-service bar, guest parking, and a highway-oriented setting.
Where is this conventional restaurant located?
The property is located at 1097 Mechem Dr Ruidoso, NM.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: 4,449‑square‑foot conventional restaurant property; Full‑service bar with beer service; Hamburger and chicken restaurant concept
