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Restaurant With Courtyard Dining
For Sale
$475,000

212 WARM SPRINGS Blvd, Elephant Butte, NM 87935

Commercial Sale, Elephant Butte, NM

Property SizeContact for details
Lot Size0.86 Acres
Days on Market113

Property Features for 212 WARM SPRINGS Blvd

General Information

Property type Commercial Sale
Property subtype Retail
Appliances Water Heater
Subdivision New Mexico Mls
Standard status Active
APN 3020075260091
Lot size 0.86 Acres

Taxes and HOA fees

Tax Description ELEPHANT BUTTE ESTATES UNIT 19 BLOCK 2 LOT 5 DBA BIGFOOD EXPRESS
Tax Annual Amount 1893
Legal Description ELEPHANT BUTTE ESTATES UNIT 19 BLOCK 2 LOT 5 DBA BIGFOOD EXPRESS

Utilities

Heating system Forced Air

Amenities

background music
fire pits
water fountains

Building Details

Year built 2002
Building materials Frame
Roof type Metal
Listing Agency: Sea Properties Ltd
Listed By: Dennis Stoeckel · License #45358
Added: May 14 Changed: Sep 2 Last Checked: Sep 3 at 5:06PM
MLS# 20262848

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This restaurant property in Elephant Butte occupies a 0.86-acre site and was built in 2002. The frame construction includes forced-air heating, a metal roof, and a water heater. Dining areas extend beyond the interior into a landscaped courtyard with murals, fire pits, water fountains, and background music. A separate pet patio adds another outdoor amenity, while additional space is available for expanding the exterior seating area.

Located at 212 Warm Springs Blvd, the property is minutes from Elephant Butte Lake State Park. The restaurant serves both indoor and outdoor patrons and offers an international and domestic wine selection. The combination of established restaurant improvements and multiple outdoor dining features creates a distinctive hospitality setting in a recreationally oriented community.

Key Highlights

  • 0.86‑acre restaurant property at 212 Warm Springs Blvd, Elephant Butte, NM 87935
  • Built in 2002 with frame construction, forced‑air heating, and a metal roof
  • Landscaped courtyard includes murals, fire pits, water fountains, and background music

Property Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

85
Businesses Nearby

Demographics for 87935, NM

1,817
Population
1,938
Households
0.9
Avg Household Size
64
Median Age
16%
College-Educated
96%
High-School Grad
38.4 sq mi
ZIP Area
47
Density / Sq Mi
$44,891
Median Household Income
$27,475
Median Earnings
$1,152
Median Rent
$180,800
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established dining property offering indoor service, outdoor seating, and a dedicated pet patio near Elephant Butte Lake State Park.
Where is this conventional restaurant located?
The property is located at 212 WARM SPRINGS Blvd Elephant Butte, NM.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 0.86‑acre restaurant property at 212 Warm Springs Blvd, Elephant Butte, NM 87935; Built in 2002 with frame construction, forced‑air heating, and a metal roof; Landscaped courtyard includes murals, fire pits, water fountains, and background music
More about this property
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