For Sale
$499,000

195 Mesquite StLas Cruces, NM 88001

Established Restaurant, Prime Location, High Revenue

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional turnkey restaurant and building in Las Cruces, New Mexico, presents a rare investment opportunity. Located at 195 N Mesquite St, this 1,971 square foot establishment sits on a 19,396 square foot lot (APN: 4-007-135-358-166) and is zoned C2. Built in 1950 with renovations done at various times, the property boasts 100% occupancy and is currently operating as a highly successful restaurant. The asking price is $499,000, and owner financing may be considered with a substantial down payment. Included in the sale are the business, equipment (excluding outside sheds and an Alto-Shaam electric oven, which are negotiable), and the real estate itself. The property has a single tenant with a credit-rated lease under a gross lease structure. This highly-rated restaurant has received numerous accolades, including top rankings on TripAdvisor, Google, and Yelp, and was even recognized for its menudo. Financial details are available upon request. Please schedule a showing to explore this lucrative opportunity. Do not disturb employees.

Highlights

  • Turnkey restaurant and building in Las Cruces, NM, offering a rare investment opportunity.
  • 1,971 sq ft building on a 19,396 sq ft lot (APN: 4-007-135-358-166), C2 zoning.
  • $499,000 asking price; owner financing may be considered.
  • Includes business, equipment (excluding some items, negotiable), and real estate; 100% occupancy.
  • Single tenant with a credit-rated gross lease.

Property Details for 195 Mesquite St

Property type
Retail properties, Restaurants
Square Feet
1,971 SF
Year Built
1950
Units
1

Location Insight

City
Las Cruces
County
Doña Ana
State
New Mexico
Latitude
32.3112132
Longitude
-106.7744709
195 Mesquite St, Las Cruces, New Mexico

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195 Mesquite St
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