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House Santa Fe (United States)by sotheby's international realty - santa fe - main downtown brokerage

HouseSanta Fe (United States)
Price :
$2,300,000
bedrooms5 bathrooms4 land9,915

FIRST RIGHT OF REFUSAL (TENANT ON SITE) 11.4% CAP Rate with the potential to increase upon future lease of 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 with many movies being filmed nearby. This is a great opportunity for a land and building investor looking for increasing monthly income.

Advertiser reference : 69TB5VLe Figaro Properties reference : 71101950

Its assets

  • Air conditioning
  • Garage & Parking
  • Fireplace

In detail

House Santa Fe (United States)

Ask for more information to:

Tray Rankin

sotheby's international realty - santa fe - main downtown brokerage
231 Washington Avenue87501 Santa Fe (United States) All the listings of this agency

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