For Sale
$950,000

614 Bullard St Silver City, NM 88061

Established eatery, prime location, high revenue.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional opportunity presents the chance to acquire the Adobe Springs Cafe, a well-established restaurant and historic building in the heart of Silver City, New Mexico. Located at 614 N Bullard St, this 4,309 square-foot property, built in 1932 and renovated in 2019, boasts a prime downtown location near the Main Street Plaza, Big Ditch Park, and the Visitor Center. The cafe features a large street-facing corner patio and designated rear parking. Adobe Springs Cafe has enjoyed consistent revenue growth over the past 14 years, built on a beloved menu with over 30 years of popularity. The restaurant comfortably seats 60+ patrons, with potential for expansion into an unfinished storage room suitable for a banquet hall or additional seating. The business benefits from a loyal customer base of both locals and tourists, ensuring a steady stream of income. All furniture, fixtures, and equipment (FF&E) are included in the sale price of $950,000. Recent upgrades include a new shingled roof (2020), solar panels, a new large gas line, a 300-amp electrical service upgrade, a walk-in freezer and refrigerator, a large kitchen and prep area, dry storage, two commercial hoods (one high-heat rated), a designated beverage station, and a large pellet stove for ambiance. The business and trade name are included in the sale

Highlights

  • 2020 shingle roof replacement.
  • Solar panel system.
  • New high-capacity gas line and 300-amp electrical service.
  • Walk-in freezer and refrigerator.
  • Large kitchen with prep area.
  • Dry storage.

Property Details for 614 Bullard St

Property type
Commercial real estate
Square Feet
4,309 SF
Year Built/Renovated
1932/2019

Location Insight

City
Silver City
County
Grant
State
New Mexico
Latitude
32.7729379
Longitude
-108.2758194

FAQs

What type of property is this?
Commercial real estate - Established eatery, prime location, high revenue.
Where is the commercial real estate located?
The property is located at 614 Bullard St Silver City, NM.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 2020 shingle roof replacement.; Solar panel system.; New high-capacity gas line and 300-amp electrical service.
How can I contact the broker?
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614 Bullard St
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