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    32230 Us-64 Maxwell, NM 87728

    For Sale
    $695,000

    Profitable Restaurant, Bar, & Venue - NM Liquor License Included

    Property size:
    3,579 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional turnkey business opportunity encompasses a thriving restaurant, bar, and outdoor concert venue situated on a spacious 2.44-acre lot in Maxwell, New Mexico. The property boasts a substantial 3,579 square feet of well-maintained space, currently operating at 100% occupancy. The single-story building is zoned for commercial use and includes all furniture, fixtures, and equipment (FF&E). A significant advantage is the inclusion of a valid New Mexico Rural Liquor License (#5517), a valuable asset for continued operation. The property underwent extensive renovations in 2016, encompassing the kitchen, outdoor dining areas, and interior spaces. Further improvements in 2020 included roof repairs, bathroom renovations, a new HVAC system, a walk-in cooler upgrade, a modernized beer distribution system, and additional interior remodeling. The asking price is $695,000, translating to $194.19 per square foot. This represents a rare opportunity to acquire a well-established and profitable business with significant potential for growth in a desirable location. The expansive lot provides ample space for outdoor events and potential future expansion. This is a truly turnkey operation, ready for immediate ownership and continued success.

    Property Features for 32230 Us-64

    General Information

    Property type
    Investment properties
    Square Feet
    3,579 SF
    Lot Size
    106,286 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Turnkey restaurant and bar with all FF&E, real estate, and a New Mexico rural liquor license (#5517).
    • Outdoor concert venue.
    • 2016 interior and exterior renovations included the kitchen, outdoor dining areas; 2020 renovations included roof, bathrooms, HVAC, walk‑in cooler, beer system, and interior updates.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Map

    City
    Maxwell
    County
    Colfax
    State
    New Mexico
    Longitude
    -104.7253213
    Latitude
    36.6065686

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Investment property - Profitable Restaurant, Bar, & Venue - NM Liquor License Included
    Where is this investment property located?
    The property is located at 32230 Us-64 Maxwell, NM.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: Turnkey restaurant and bar with all FF&E, real estate, and a New Mexico rural liquor license (#5517).; Outdoor concert venue.; 2016 interior and exterior renovations included the kitchen, outdoor dining areas; 2020 renovations included roof, bathrooms, HVAC, walk-in cooler, beer system, and interior updates.
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    32230 Us-64 Maxwell, NM 87728
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    Maxwell, NM 87728
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    32230 Us-64 Maxwell, NM 87728
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