This listing is NOT a foreclosure. FIRST RIGHT OF REFUSAL (TENANT ON SITE) 11.4% CAP Rate with the potential to increase upon future lease f 4th rental units onsite.(3 of 4 units rented) The tenant lease has annual rent escalations in place. The business is NOT FOR SALE. This is a Real Estate ONLY Offer. This offering includes a well known restaurant with ample indoor and outdoor seating, patio seating with impressive Sangre de Cristo mountain views, as well as 4 residential rental units all on approximately 2.45 acres. The property has 122 parking spots with easy access to Hwy 84/285 in between the Santa Fe/Los Alamos and Espanola corridor with plenty of street frontage. The property is entirely coyote fenced and gated with a well and septic system in place. There is an outdoor kiva fireplace, complemented by flagstone, brick, rock, and a fenced viewing area, perfect for cozy gatherings. Both the interior and exterior are illuminated by Southwestern wall sconces, while numerous skylights and windows provide excellent natural lighting. The floors are laid with Talavera and Saltillo tiles, contributing to the authentic Southwestern ambiance. The location has a high traffic count w
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ith many movies being filmed nearby. This is a great opportunity for a land and building investor looking for increasing monthly income.This MLS Resale home is a commercial property located in SANTA FE. It offers 2.45 acres in size, 5 beds and 4 baths. Review its detailed information and determine if this SANTA FE MLS Resale has the qualities you are looking for.
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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
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Property Info
Property ID1019704545
MLS Number202402097
Parcel Number036006464
CountySanta Fe
Bedrooms5
Bathrooms4.0
Living Area (sqft)2,309
Price/sqft$996
Year Built01/01/1980
Property TypeCommercial
Lot Size2.45 acres
Stories1
Total Rooms8
HeatingForced air unit
CoolingEvaporative Cooler
Roof TypeTar & Gravel
Style15
Construction TypeWood
Exterior WallsStucco