4138 Nm Hwy Ranchos de Taos, NM 87557
This exceptional 12,000 square foot restaurant located at 4138 & 4140 NM Hwy 68 in Ranchos de Taos, New Mexico, presents a unique investment opportunity. Boasting the title of Northern New Mexico's largest music and dance venue, this property includes a fully equipped commercial kitchen featuring a substantial 24-foot walk-in refrigerator. The layout is enhanced by two private dining rooms, a welcoming patio, and an upstairs deck, all complemented by indoor and outdoor vigas fireplaces. The sale includes all furniture, fixtures, and equipment (FF&E) along with existing inventory. Recently and extensively renovated without compromise, the property showcases stunning architectural details and handcrafted finishes throughout. Beyond the 12,000 square feet, an additional 3,000 square feet is available for potential redevelopment. Ample parking is provided, and the property benefits from a New Mexico liquor license, ensuring high visibility and accessibility. The asking price for this turnkey operation is $2,500,000. Located in Taos County, zip code 87557, this property is situated at 36.3591707 latitude and -105.608962 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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