32230 Us-64, Maxwell, NM 87728
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.