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Property profile & analytics
OFF-MARKET
Commercial real estate

901 Church St Carlsbad, NM 88220

1,100 SF
Property ID
US61-0430453
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Total area 1,100 SF
UPID US61-0430453
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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