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Restaurant With Drive-Through
For Sale
$249,000

1600 W Santa Fe Ave, Grants, NM 87020

Corner-site restaurant with a commercial kitchen, dining area, and convenient access for dine-in and takeout service.

Property Size5,000 SF
Price / SF$49.80
Days on Market14

Property Features for 1600 W Santa Fe Ave

General Information

Standard status Active
Size 5,000 SF

Site & Location

Drive-Thru Yes
Highway Access Yes
Road Access Yes

Additional Details

Equipment Included Yes

Taxes and HOA fees

Annual Taxes $2,712
Listing Agency: Riverwalk Realty LLC
Listed By: Candas J Jaramillo · License #1023
Source: Exprealty
Added: Aug 9 Changed: Aug 20 Last Checked: Aug 22 at 8:49AM

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 Riverwalk Realty LLC

Investment Insights

Based on property information with market context.

This approximately 5,000-square-foot restaurant occupies a corner site of over one acre and includes a fully equipped commercial kitchen, a spacious dining area, and a drive-thru window. The property also provides abundant on-site parking and is configured for both dine-in and takeout operations.

Located at 1600 W Santa Fe Ave in Grants, the property sits along Historic Route 66 near the I-40 off-ramp. Its position combines direct Route 66 identity with convenient interstate access and a highly visible corner setting.

Key Highlights

  • Approximately 5,000‑square‑foot restaurant on a site of over one acre
  • Fully equipped commercial kitchen
  • Spacious dining area with generous seating capacity

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Locksmith Garden Center Grocery & Convenience Store Computer & Electronic Repair Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

81
Businesses Nearby
138k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 39% Shops & Services 25% Dining 20% Hotels & Casinos 9%
Walmart Superstores
53,801 visits/mo 0.3 miles
Taco Bell Dining
12,923 visits/mo 0.1 miles
Dollar Tree Shops & Services
12,194 visits/mo 0.3 miles
Chevron Shops & Services
11,469 visits/mo 0.1 miles
Phillips 66 Shops & Services
10,795 visits/mo 0.1 miles

Demographics for 87020, NM

11,471
Population
4,593
Households
2.5
Avg Household Size
38
Median Age
23%
College-Educated
85%
High-School Grad
902.0 sq mi
ZIP Area
13
Density / Sq Mi
$67,511
Median Household Income
$39,100
Median Earnings
$741
Median Rent
$154,900
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Corner-site restaurant with a commercial kitchen, dining area, and convenient access for dine-in and takeout service.
Where is this conventional restaurant located?
The property is located at 1600 W Santa Fe Ave Grants, NM.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Approximately 5,000‑square‑foot restaurant on a site of over one acre; Fully equipped commercial kitchen; Spacious dining area with generous seating capacity
More about this property
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