901 Church St Carlsbad, NM 88220
This exceptional opportunity presents the chance to acquire a well-established, 1,100 square foot burger joint and carhop restaurant located at 901 W Church St, Carlsbad, NM 88220. The asking price is $275,000, and the sale includes the land, building, all equipment, and the restaurant's proprietary recipes. The property is zoned for commercial use and boasts a rich history as a beloved local landmark. Recent improvements include brand new breaker boxes, a new sewer line, and a new roof (to be completed before closing). The seller will provide two weeks of on-site training after the sale is finalized, ensuring a smooth transition for the new owner. This turnkey operation offers immediate income potential and the unique opportunity to own a piece of Carlsbad's history. The property's retro charm and timeless appeal create a nostalgic atmosphere that resonates with customers. This is more than just a business; it's a chance to become part of a community's cherished memories and continue the legacy of this iconic establishment. Don't miss this rare chance to invest in a thriving business with significant potential for growth and return. The property is situated in Eddy County and offers a prime location within Carlsbad, New Mexico.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.