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Property profile & analytics
OFF-MARKET
Commercial real estate

417 Main St Red River, NM 87558

Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a chance to acquire a well-established Dairy Bar in the heart of Red River, New Mexico. Located at 417 E Main St, this thriving business boasts a prime location, drawing consistent traffic from both locals and tourists throughout the year. The property includes a fully operational restaurant with a fully equipped kitchen, a comfortable dining area, and outdoor seating offering stunning mountain views. Adding to its appeal, a secondary structure on the 9,365.4 sq ft lot is currently leased as an auto repair shop, generating supplemental income. Five years of detailed profit and loss statements are available for review, showcasing the business's strong financial performance. The property is zoned commercial, offering flexibility for continued leasing, expansion of the existing businesses, or the development of a new venture. This versatile asset presents a unique opportunity for an owner-user seeking a profitable business with significant upside potential. Seller financing may be available for qualified buyers. The property's APN is 1084169072274. This is a rare chance to own a piece of Red River's history and vibrant community, situated in Taos County, NM, zip code 87558. The property consists of two units.

Property profile
Verified
Property type Commercial real estate
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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