2417 N Prince St Clovis, NM 88101
This turnkey restaurant opportunity is located at 2417 N Prince Street in Clovis, New Mexico, on one of the city's busiest streets. Boasting a total of 106 seats, the restaurant offers ample indoor seating for 60 guests and comfortable outdoor seating for an additional 46. A convenient drive-up window caters to customers on the go. The property features a generous 23,100 square foot lot, providing ample parking for patrons. The building, constructed in 1977, has undergone a recent comprehensive remodel, encompassing new plumbing, electrical systems, HVAC, roofing, and kitchen equipment. This ensures a smooth transition for the new owner, minimizing upfront capital expenditures. The property benefits from high traffic volume, with a 2022 traffic count of 19,378 vehicles per day (VPD). The asking price for this exceptional restaurant is $1,150,000. This represents a unique chance to acquire an established and well-equipped restaurant in a prime location with significant growth potential. The recent relocation of a competing barbeque restaurant further enhances the opportunity for increased market share.
-
Wing Boss Restaurant
-
Dickey's Barbecue Pit Restaurant
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.