Commercial building in a great location, with frontage on Los Alamos Highway and high traffic volume for good exposure. Many possible uses for retail, office, or gallery.
Turnkey restaurant and bar directly on the Plaza in Espanola. This property consists of the building, 2 legal lots of record and all furniture, fixtures and equipment to convey with the sale. High traffic corner and plenty of parking. 56 seats inside, bar seats 8 and patio seats 16. Current tenant is Kenz Cuisine with a lease through April 2026. The business is not for sale. Cap rate of 6.4% with current rent roll. See NOI and equipment list attached.
Seize the opportunity to own a versatile, affordable building perfect for your new or expanding business. This property, boasting incredible visibility and easy access on Espanola's west side, is suitable for various ventures. It features approximately 820 sq ft of office space and a substantial 1000 sq ft service garage. The 0.47-acre lot provides ample parking. Stop renting and start building equity and growing your business. The time to make your business dream a reality is now.
Espanola is located in New Mexico. Espanola, New Mexico has a population of 20,277. Espanola is less family-centric than the surrounding county with 17.94% of the households containing married families with children. The county average for households married with children is 18.61%.
The median household income in Espanola, New Mexico is $40,694. The median household income for the surrounding county is $46,994 compared to the national median of $69,021. The median age of people living in Espanola is 46.1 years.
The average high temperature in July is 89.35 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 12.05 inches per year, with 11.95 inches of snow per year.
