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33518632
33518622

724 North Main Street, Belen, NM 87002 For Sale

JL
NM REC-2024-0071
Berkshire Hathaway New Mexico Commercial Division
Listed by Berkshire Hathaway New Mexico Commercial Division
$350,000
38 days on market
Updated 34 days ago

724 N Main St

Details
Property Type Retail
Sub Type Restaurant
Square Footage 2,797
Tenancy Vacant
Acreage 0.840
Zoning C-1
Parking Spaces 34 spaces
Parking per 1,000 SqFt 12.16
Ground Lease No
Sale Condition N/A

TURNKEY OPERATING RESTAURANT ON BELEN’S PRIME MAIN STREET

Marketing description

This 2,797 SF turnkey commercial restaurant building on .84 acres sits in the heart of Belen — New Mexico's fast-growing "Hub City" — with 181' of Main Street frontage on a corridor carrying 17,239 VPD. The building is immediately operational, featuring a commercial kitchen exceeding 1,000 SF, dedicated reception and dining areas, 3 restrooms, an office, interior storage, and an exterior storage container connected to the buildingall FF&E included (hood, 3-compartment sink, prep tables, tables, chairs, and more). 34 parking spaces at an 12:1,000 SF ratio, tri-directional ingress/egress, dual monument signage, on-building signage, and all utilities on-site round out the physical asset. The trade area supports a 5-mile population of 22,455, avg. household income of $65,476, and 4,762 daytime employees, while I-25 access sits just 1.9 miles away. Belen's growth trajectory is real — population is projected to reach 9,500 within five years, new employers including a 250-job manufacturing facility have recently arrived, and BNSF just completed a major capacity expansion at its Belen facility, the largest rail fueling operation in North America. C-1 zoning offers flexibility well beyond food service. A currently operating business, priced to move.

Investment highlights

    • Building Size: 2,797 SF
    • Lot Size: .84 Acres
    • Zoning: C-1 (Commercial — broad use flexibility)
    • Status: Currently Operating Business — Immediate Revenue Potential
    • BUILDING & SPACE BREAKDOWN
    • Commercial Kitchen: ~1,060 SF (37'10" × 28') — oversized, fully equipped
    • Dining/Sitting Area: ~783 SF (27'10" × 28'1")
    • Reception Area: ~372 SF (21'3" × 17'6")
    • Private Office: on-site
    • Restrooms: 3 total (Men's, Women's, Additional)
    • Interior Storage: 2 dedicated storage rooms
    • Exterior Storage: Container connected directly to building
    • EQUIPMENT & INFRASTRUCTURE (FF&E INCLUDED)
    • Commercial Hood System
    • 3-Compartment Sink
    • Prep Tables
    • Tables & Chairs
    • All existing kitchen and dining equipment transfers with sale
    • Water, Sewer & Electricity: All on-site and operational
    • SITE & ACCESS
    • Lot: .84 Acres
    • Ingress/Egress: Three access points — West, East & South property lines
    • Parking: 34 spaces at an 12:1,000 SF ratio — well above standard
    • Interstate Access: 1.9 miles to I-25 via Camino del Llano
    • Rail Runner Express: Belen commuter rail stop nearby
    • VISIBILITY & SIGNAGE
    • Main Street Frontage: 181 linear feet
    • Traffic Count: 17,239 VPD at Main St & Aragon
    • Monument Signage: 2 monuments on Main St
    • On-Building Signage: Included
    • Location: Heart of Belen's primary commercial corridor
    • DEMOGRAPHICS — 5-MILE RADIUS
    • Population: 22,455
    • Avg. Household Income: $65,476
    • Daytime Employees: 4,762
    • BELEN MARKET SNAPSHOT
    • Population projected to grow from ~7,500 to 9,500+ within five years
    • 165+ new homes built and sold quickly; dozens more underway
    • Arcosa Inc. wind-tower manufacturing facility opened — 250+ new jobs
    • Starbucks and other national brands recently entered the market
    • BNSF Railway — largest rail fueling facility in North America, located in Belen — just completed a major capacity expansion increasing Southern Transcon throughput by ~30%
    • Belen is known as "The Hub City" — served by 3 I-25 exits, two state highways, and the BNSF mainline

Listing Contacts

JL
NM REC-2024-0071
Berkshire Hathaway New Mexico Commercial Division
Listed by Berkshire Hathaway New Mexico Commercial Division

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Additional Information

Name
Jacob Lopez
License
REC-2024-0071
Brokerage
Berkshire Hathaway NM Commercial Real Estate
Title
Qualifying Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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