Historic Luna Mansion

Business Opportunity for Sale
Also listed as Hospitality, Special Purpose
Catylist Listing ID: 30344365
Property Subtypes: Food and Beverage
Building Size (RSF): 5,232 SF
Sale Price: $1,550,000
In Opportunity Zone? Yes
Name of Establishment: Luna Mansion
Business Website Address: http://www.lunamansion.com/
Year Business Established: 1881
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Some owner financing available up to $1MM Liquor license additional $350,000
Last Updated: 7/5/2019

Overview / Comments

Classy steakhouse featuring a wine cellar & lounge with frequent live music in a landmark building.
The Mansion was built as a gift from the Santa Fe Railway in exchange for the right-of-way through the Luna-Otero extensive land grant holdings. It is the only known Victorial, Southern Colonial structure constructed of adobe and terron components.

The Historic Luna Mansion, Los Lunas NM, is on the market for sale as a fully equipped restaurant with inter-local dispenser liquor license, offered optional at $350K, or for another commercial or residential use. As a going-concern restaurant, there are two floors of indoor seating, approximately 200 seats, two fully equipped lounge/bar areas, outdoor areas for event tents, or open air with some events serving up to 300 guests.

The Torres family, current owner/operator, has continued what has been for generations a fine steak house in an elegant setting, within easy driving distance of Albuquerque to the north and Belen and Socorro to the south.

Whether a restaurant or other purpose the layout includes two floors with a central stairway as was traditional in the style of the time, plus a basement for storage. The wrough-iron-fenced lot is 1.46 acres, allowing for events and parking.

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Valencia
Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Real Estate Lease Description: 1.46 Acres in the heart of Los Lunas

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,901 19,834 37,693
Median Age: 38.21 39.11 39.18
Households: 1,844 7,042 13,594

Contact

Photograph of Listing Agent

Ron Hensley

EXP Realty, LLC CARNM CIE Member
Photograph of Listing Agent

Steven Etkind

EXP Realty, LLC CARNM CIE Member
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