Restaurant with rental income in the heart of Ruidoso Midtown!

Asking Price$721,333

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.3105

Price per Sq. Ft.$232.00

listing imageSave

Restaurant with rental income in the heart of Ruidoso Midtown!


Asking Price$721,333

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.3105

Price per Sq. Ft.$232.00

Property Description
Are you looking to own a restaurant in the heart of Ruidoso? This building is the perfect location to start your own restaurant or rent it out to someone. This building is over 3,000 sq ft and all equipment and furniture are included except for 1 flattop grill! Automatic dishwashing equipment, and a new high end food grinder system installed 2 years ago. The vent hood fire system was renovated and new equipment for the walk in cooler. The full kitchen drain system leading to the grease trap was fully renovated and brought up to date. The dining area is perfect for the cozy feel of the mountains. There is also an amazing covered patio where guests can enjoy their meals in the cool mountain air. The restaurant is right by a large public parking area and next door to hotels! The location is amazing! This building is turn key and ready for you to make your restaurant dreams come true!
About the Property
Type
Other Business Real Estate
Building Status
Established
Facilities & Assets
This restaurant has a tenant with a 3 year lease. Seller is selling the building with new buyers honoring the lease. Over 3,000 sq ft. All equipment and furniture included. Automatic dishwashing equipment, and new high end food grinder system installed 2 yrs ago. The vent hood fire system and drain system leading to grease traps were renovated. The dining area is perfect for the cozy feel of the mountains. There is also an amazing covered patio where guests can enjoy their meals in the cool mountain air. There is public parking behind the restaurant.
Location Description
In Midtown Ruidoso across from Downshift Brewing Company.
Current and Prior Use
Fully furnished restaurant. Current tenant on a month to month basis. Tenant could possibly be interested in staying or a new tenant could move in! Fit for any type of food!
Year Built
1974
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Financing
Seller financing possible depending on terms
Current Property Expenses
Tenant pays all utilities, maintenance, upkeep, insurance and repairs. Seller pays property tax.
Listing Info
ID:
2323584
Listing Views:
846
Business Location

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Property Listed by: Christy Hood

Listing ID: 2323584 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.