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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1018 Nm-17 Chama, NM 87520

4,450 SF 1.27 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4,450-square-foot restaurant in Chama, New Mexico, presents a unique investment opportunity. Located at 1018 NM-17, this single-story building sits on a 1.27-acre lot and boasts a 100% occupancy rate. Completely renovated in 2023, the property features upgraded exteriors, interiors, bathrooms, plumbing, and electrical systems. The well-maintained kitchen is equipped with newer or well-cared-for appliances, ready for immediate use. The property includes a full liquor license, making it ideal for a restaurant, bar, or even a dance hall. Its strategic location next to a Cumbres Narrow Gauge Train stop ensures high visibility and convenient access from Highway 17, attracting both local and tourist clientele. Ample parking accommodates large crowds. The property is zoned for restaurant and bar use and offers versatility for various events and catering opportunities. This turnkey operation is perfect for an owner-user seeking a thriving business in a prime Northern New Mexico location. The asking price is $995,000, with a price per square foot of $223.60. The property's APN is 1-017-184-257-114. This is a chance to own a successful, established business with significant growth potential.

Property profile
Verified
Property type Retail properties & Spaces
Total area 4,450 SF
Lot 1.27 ac (55,321 SF)
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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