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    OFF-MARKET
    Commercial real estate

    32230 Us-64, Maxwell, NM 87728

    3,579 SF 2.44 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Commercial real estate
    Total area 3,579 SF
    Lot 2.44 ac (106,286 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
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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