110 Elm St Anthony, NM 88021-8240
Property summary
This thriving Sonic Drive-In restaurant in Anthony, New Mexico, presents a unique investment opportunity. Located at 110 Elm St, this 1,208 square foot, single-story building sits on a 0.48-acre lot zoned C-2. The property boasts a prime location along Anthony's main retail corridor, directly across from Wells Fargo and other essential services, ensuring high visibility and consistent customer traffic. Daily traffic counts on Anthony Dr. reach 9,140 vehicles, providing ample potential for increased sales. The restaurant features 18 drive-in order stalls, a large pylon sign for excellent brand recognition, and the potential for a drive-thru addition. The property is turn-key and ready for immediate occupancy, eliminating the need for extensive renovations or upgrades. All infrastructure is in place, allowing for a seamless transition and immediate revenue generation. This is an exceptional opportunity to acquire a well-established, high-performing restaurant in a rapidly growing market. The asking price is $395,000. The property offers full access and is ready for a new owner to step in and continue its success. Don't miss this chance to own a piece of Anthony's thriving commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant Take-out & Catering
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
NEIGH-COMM · Anthony, NMZoning
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Zoning designation
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