2213 Sudderth Dr Ruidoso, NM 88345
This exceptional commercial property, located at 2213 Sudderth Drive in Ruidoso, New Mexico, presents a unique investment opportunity. The 0.18-acre lot features a 2,150 square foot building currently operating as the Tall Pines Beer & Wine Garden, a TripAdvisor #1 rated Ruidoso attraction. The property boasts a prime midtown location on the south side of Sudderth Drive, directly across from public parking and a ReStore shop, ensuring high foot traffic. Included is a 2-bedroom chalet with a lease in place until October 2025, providing guaranteed income. The chalet is currently rented to a local family. The property features covered parking, a natural spring in the backyard, two wood-burning fireplaces, and historical accents. The expansive outdoor patio adds to the property's appeal. The existing business is easily adaptable to various uses, including additional rental units, a different commercial venture (retail, coffee shop, bakery, dispensary, etc.), or even a private residence. The asking price is $699,000. This is a rare chance to acquire a coveted commercial property in the heart of Ruidoso's thriving tourist destination. The property's zip code is 88345, and it's situated in Lincoln County.
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Tall Pines Beer and Wine Garden Bar & Pub
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
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Property description
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No recorded transactions found for this property.
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