For Sale
$595,000

238 Guadalupe StSanta Fe, NM 87501

Profitable Restaurant, Prime Location, Long-Term Lease

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional single-tenant restaurant investment property in Santa Fe, New Mexico, presents a compelling opportunity. Located at 238 N Guadalupe St, this ±1,263 square foot building sits on approximately 0.11 acres of land and boasts a highly visible, signalized hard corner location within the BCD (Business Capital District) zoning area. The property is currently 100% occupied by a restaurant operating under a modified lease, extending until 2027. While the lease currently has no renewal options, these can be negotiated with the buyer. The asking price is $595,000, translating to $471.10 per square foot. This stabilized investment offers a strong return with a long-standing tenant (29+ years). The property benefits from ample parking and is surrounded by a thriving mix of offices, retail businesses, shipping services (FedEx & UPS), short and long-term rentals, hotels, and museums, ensuring high foot traffic and visibility. This is an ideal opportunity for investors seeking a stable, high-performing asset in a desirable downtown Santa Fe location.

Highlights

  • Prime Santa Fe Downtown Northside location.
  • Free-standing restaurant building.
  • Established tenant with 29+ year history.
  • Lease expires 2027; renewal options negotiable.
  • High-visibility corner location with traffic signal.
  • Ample parking; surrounded by complementary businesses including offices, hotels, and museums.

Property Details for 238 Guadalupe St

Property type
Retail properties, Restaurants
Square Feet
1,263 SF

Location Insight

City
Santa Fe
County
Santa Fe
State
New Mexico
Latitude
35.6903982
Longitude
-105.9449499
238 Guadalupe St, Santa Fe, New Mexico

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238 Guadalupe St
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