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    Madrid, NM Restaurants for Sale

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    Santa Fe, NM Lamy, NM Galisteo, NM Budaghers, NM Stanley, NM Pena Blanca, NM Placitas, NM
    Furnished Restaurant with Railcar Dining
    Updated: Feb 16
    Furnished Restaurant with Railcar Dining

    2849 NM 14, Madrid, NM 87010

    $875,000
    2,279 sqft 0.17 AC lot
    2,279‑square‑foot restaurant property on 0.17 acres
    Commercial kitchen conveys with furnishings and operating equipment
    On‑site Santa Fe Railroad railcar configured for additional indoor dining
    Indoor and outdoor dining areas; outdoor space overlooks the Madrid Museum
    Designated parking along State Highway 14 directly in front
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Madrid, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Conventional Restaurant with Full Kitchen
    Conventional Restaurant with Full Kitchen

    1710 Cerrillos, Santa Fe, NM 87505

    $1,500,000
    3,500 sqft 0.22 AC lot

    Built-out food-service space includes a commercial kitchen, multiple dining areas, fireplaces, and a bar.

    View details
    5-Unit Retail Space
    5-Unit Retail Space

    1915 Cerrillos Rd, Santa Fe, NM 87505

    $575,000
    3,345 sqft 0.20 AC lot

    C-2-zoned commercial property with a newer roof, refreshed exterior, and mini-splits in select units.

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    Bar and Restaurant Space
    Bar and Restaurant Space

    Santa Fe, NM 87507

    Contact for pricing
    6,488 sqft

    For-sale bar and restaurant property totaling 6,488 SF at 4246 Cerrillos Road.

    View details
    Freestanding Little Caesars Drive-Thru
    Freestanding Little Caesars Drive-Thru

    3261 Cerrillos Rd, Santa Fe, NM 87507

    Contact for pricing
    1,676 sqft

    Absolute NNN leased Little Caesars drive-thru with Walmart outparcel positioning and 3% annual rent increases in option periods.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Ready-to-Build Lot in Madrid, NM
    Ready-to-Build Lot in Madrid, NM

    34 Ice House Road, Madrid, NM 87010

    $105,000
    0.75 AC lot

    0.75-acre lot with well, power, flat, and commercial/residential zoning.

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    Commercial Land Sites
    Commercial Land Sites

    4680 San Ignacio Road, Santa Fe, NM 87501

    $4,750,000
    7.85 AC lot

    Two commercial land parcels with road access and public utilities near established retail destinations.

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    Commercial Land with Infrastructure
    Commercial Land with Infrastructure

    CAMINO LA TIERRA, Santa Fe, NM 87506

    $2,100,000
    12.10 AC lot

    Development tract includes existing infrastructure and planned connections to sewer, water, natural gas, and public electric.

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    C-1 Commercial Land
    C-1 Commercial Land

    12141 North Hwy 14, Cedar Crest, NM 87008

    $600,000
    6.25 AC lot

    C-1-zoned tract fronts North Hwy 14, with a mobile home park north and shopping center south.

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    Off-Market Properties in Madrid, NM

    Consider similar Off-Market properties in Madrid, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2849 Nm 14
    RESTAURANT

    2849 Nm 14, Cerrillos, NM 87010-9751

    $290,000
    Estimated value
    756 sqft
    View details
    2846 Nm 14th N
    RESTAURANT

    2846 Nm 14th N, Cerrillos, NM 87010-9746

    $320,000
    Estimated value
    471 sqft 5.04 AC lot
    View details

    Madrid, NM Restaurants Market Trends and Statistics

    Explore 3 restaurants for sale in Madrid, NM on our real estate platform. These investment opportunities span a total of 2,279 square feet of properties for sale, with an estimated market value of $875,000.

    Sale prices for restaurant properties in Madrid, NM average $875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial kitchens 1
    Conventional restaurants 1

    Demographics Overview

    Population 1,147
    Population Growth (5Y) +13.6%
    Median Household Income $45,490
    College Educated 84.5%

    High-Yield Neighborhoods for Investment

    Identify Madrid submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Cerrillos - 87010 $875K

    Listings Trend

    New vs delisted commercial listings in Santa Fe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Santa Fe County

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