Commercial Restaurant and Retail Spaces in Espanola

Retail-Commercial for Sale
Catylist Listing ID: 30651514
Property Subtypes: Car Wash, Convenience Store, Mixed Use, Restaurant, Other
Building Size (RSF): 12,000 SF
Gross Building Area: See Agent
Sale Price: $1,800,000
Unit Price: $150 PSF
Has Drive-Thru? Yes
Property Use Type: Business
Building Name: Dandy Burger
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/23/2020

Overview / Comments

This is a very unique and special piece of real estate that includes the world renowned drive through burger restaurant, Dandy Burger, that has been in business for over 70 years in Espanola in this location. The Business is currently running and thriving. Business can convey under appropriate terms. The property also included around approximately 10000 sq ft of retail/office space that is currently leased to various tenant and has excellent investment potential. Well maintained, amazing location and lots of parking.

Additional Details

Nearest MSA: Espa
County: Rio Arriba
Taxing Authority: Espanola City
Tax ID/APN: 1047120194018
Retail Clientele: General, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: Highway NM-285
Traffic/Vehicle Count: 30,000
Highway Access: Yes.
Tenancy: Multiple Tenants
Number of Stories: 1
Property Condition: Good
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 75
Parking Type: Surface
Sprinklers: Other
Air Conditioning: Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,051 15,887 18,665
Median Age: 38.34 37.77 37.51
Households: 1,659 6,301 7,306

Contact

Photograph of Listing Agent

Phillip Varela

Varela Real Estate Inc CARNM CIE Member
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