418 S Main St, Belen, NM 87002
Restaurant-ready building with a dedicated kitchen, multiple rooms, and two restroom areas for flexible commercial use.
- Added:
- Feb 9, 2026
- Days on Market:
- 132
- Last Refresh:
- Jun 16 at 2:28 am
Property Features for 418 S Main St
General Information
- Standard status
- Active
- Size
- 4,792 SF
Listing agent Juan J Sanchez (575) 779-9464
Listing office Realty One Group Concierge (575) 779-9464
Listing date Feb 9, 2026
Source Exprealty
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 Realty One Group Concierge
HighLights
- Restaurant‑ready commercial building with approximately 4,792 SF of interior space
- Multiple separate rooms plus dedicated kitchen area
- Two restroom areas
- Flexible commercial layout for a variety of uses (buyer to verify permitted use)
- Located just off Main Street for convenient access and visibility
Overview
The building is located just off Main Street, supporting convenient access and visibility for customer-facing uses. Its central positioning can be helpful for businesses that rely on walk-in traffic and easy directions for tenants and patrons.
For owner-users, the dedicated kitchen and multiple room configuration can support restaurant operations and back-of-house needs, while still allowing room-based customization. For investors, the interior layout may offer merchandising or service flexibility beyond a single format, subject to confirming zoning and permitted uses with the appropriate authorities. Buyer to verify all permitted uses.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.1k | $13.80 |
| − Vacancy | −$4.3k | −$0.90 |
| EGI | $61.8k | $12.90 |
| − OpEx | −$15.5k | −$3.23 |
| NOI | $46.4k | $9.68 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Belen
- County
- Valencia
- State
- New Mexico
- Longitude
- -106.7776248
- Latitude
- 34.6570689
