19388 Highway 314 Belen, NM 87002
- Commercial real estate
- 2,780 SF
- 0.70 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 19388 Highway 314
- Lot size
- 0.70 lot acres
- Property size
- 2,780 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property located at 19388 Hwy 314 in Belen, New Mexico, presents a unique investment opportunity. The 2,780 square foot building sits on a 0.7-acre lot and is currently operating as a successful local restaurant, formerly a Lota Burger. The property offers a turnkey operation for a prospective buyer looking to immediately generate income. The existing tenant is in place and has a lease, providing flexibility for the new owner to either continue the current successful business model or implement their own concept. The restaurant features a quick-serve style layout, complete with a walk-in cooler and all necessary commercial kitchen equipment. This is a rare chance to acquire a well-established business in a desirable location. The building's prime highway frontage ensures high visibility and accessibility, making it an ideal spot for a variety of food service businesses. The 0.7-acre lot provides ample space for potential expansion or outdoor seating. The asking price for this exceptional property is $495,000. This is a fantastic opportunity for an investor seeking a strong return or an entrepreneur looking to establish their own restaurant venture. The existing infrastructure and equipment significantly reduce the start-up costs and time required to launch a new business. Don't miss this chance to own a thriving restaurant in a growing community.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Belen
- County
- Valencia
- State
- New Mexico
- Longitude
- -106.7685
- Latitude
- 34.68666