Restaurant with Covered Upper
For Sale
$1,400,000
441 Mechem Dr, Ruidoso, NM 88345
The offering combines the operating business with an equipped kitchen and a recently added patio.
Property Size4,333 SF
Price / SF$323.10
Days on Market8
Property Features for 441 Mechem Dr
General Information
Standard status
Active
Size
4,333 SF
Restaurant
Patio
Yes
Equipment Included
Yes
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$14,091
Amenities
covered upper-level deck
Listing Agency:
Better Homes & Gardens Real Estate - Steinborn & Associates
(855) 784-3676
Listed By:
Kaitlin Brophy
(575) 937-8156
Source:
Exprealty
Added: Sep 30
Changed: Oct 7
Last Checked: Oct 5 at 10:59PM
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 Better Homes & Gardens Real Estate - Steinborn & Associates
Investment Insights
Based on property information with market context.
Rio Grande Grill & Tap Room is a 4,333-square-foot restaurant and operating business offered together at 441 Mechem Dr in Ruidoso. The property includes a fully equipped kitchen, a covered deck on the upper level, and a patio. Its restaurant history spans 14 years. Improvements include a roof installed in 2024, stucco work completed in 2025, and a retaining wall for the parking area.
Key Highlights
- Restaurant and operating business transfer together
- 4,333‑square‑foot restaurant at 441 Mechem Dr, Ruidoso, NM
- 14 years of restaurant history
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - The offering combines the operating business with an equipped kitchen and a recently added patio.
Where is this conventional restaurant located?
The property is located at 441 Mechem Dr Ruidoso, NM.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Restaurant and operating business transfer together; 4,333‑square‑foot restaurant at 441 Mechem Dr, Ruidoso, NM; 14 years of restaurant history
