110 Elm St Anthony, NM 88021
- Drive through restaurants
- 1,208 SF
- 0.48 lot acres
Current Use by Public Records
- Sonic Drive-In / Ice Cream Shop / Restaurant
Property Details for 110 Elm St
- Year built
- 1983
- Lot size
- 0.48 lot acres
- Property size
- 1,208 SF
- Zone code
- NEIGH-COMM
- Property type
- Drive through restaurants
- APN
- 4-017-156-246-132
- APU
- 4017156246132
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Anthony
- County
- Dona Ana
- State
- New Mexico
- Longitude
- -106.607
- Latitude
- 32.0068
- CBSA code
- 29740
- CBSA name
- LAS CRUCES, NM METROPOLITAN STATISTICAL AREA
