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Restaurant with Outdoor Seating
For Sale
$749,000

417 Main Street E, Red River, NM 87558

SINGLE_FAMILY - Red River, NM

Property SizeContact for details
Lot Size0.22 Acres
Days on Market92

Property Features for 417 Main Street E

General Information

Property type Residential
Property subtype Retail
Zoning description General Commerc
Subdivision Red River Townsite
Directions 4 blocks east of Brandenburg Park on Main Street.
Standard status Active
Lot size 0.22 Acres

Taxes and HOA fees

Tax Description Red River Townsite Unit 290 Blocks 3, 4 & 5 TWP 29N RGE 14E SEC 36 QUAD 2 417 E Main St
Legal Description Red River Townsite Unit 290 Blocks 3, 4 & 5 TWP 29N RGE 14E SEC 36 QUAD 2 417 E Main St

Building Details

Number of units 2
Listing Agency: Lindsey Land & Home, LLC
Listed By: Sloan Covington · License #52660
Added: May 8 Changed: May 13 Last Checked: Aug 7 at 9:06AM
MLS# 114966

Copyright © 2026 Enchanted Circle Association of REALTORS®. 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 includes a fully equipped kitchen, a cozy dining space, and outdoor seating with mountain views. In addition, the premises feature a secondary structure that is currently leased, creating an extra income component for an owner.

Located at 417 Main Street E in Red River, New Mexico, the business is described as fully operational. The listing also notes that financial records are available to serious buyers upon request.

The offering is presented as a for-sale opportunity with flexibility for continued leasing, business expansion, or a new venture, and seller financing may be an option for qualified buyers.

Key Highlights

  • Fully operational restaurant business included: The Dairy Bar on MainStreet
  • Fully equipped kitchen and cozy dining space
  • Outdoor seating with mountain views

Property Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

283
Businesses Nearby

Demographics for 87558, NM

724
Population
1,469
Households
0.5
Avg Household Size
52
Median Age
53%
College-Educated
100%
High-School Grad
105.9 sq mi
ZIP Area
7
Density / Sq Mi
$46,794
Median Household Income
$21,812
Median Earnings
$935
Median Rent
$429,500
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 - Restaurant property on Main Street with a fully equipped kitchen, indoor dining, and outdoor seating.
Where is this conventional restaurant located?
The property is located at 417 Main Street E Red River, NM.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Fully operational restaurant business included: The Dairy Bar on MainStreet; Fully equipped kitchen and cozy dining space; Outdoor seating with mountain views
More about this property
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