724 North Main Street

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724 North Main Street

Belen, NM 87002
Asking Price
$350K
Asset Type
Restaurant Retail
Class
Class B

What's Special

TURNKEY OPERATING RESTAURANT ON BELEN’S PRIME MAIN STREET <ul><li>​<ul><li>​<strong style="color: rgba(17, 24, 39, 1)">Building Size:</strong><span style="color: rgba(3, 7, 18, 1)"> 2,797 SF</span></li><li>​<strong style="color: rgba(17, 24, 39, 1)">Lot Size:</strong><span style="color: rgba(3, 7, 18, 1)"> .84 Acres</span></li><li>​<strong style="color: rgba(17, 24, 39, 1)">Zoning:</strong><span style="color: rgba(3, 7, 18, 1)"> C-1 (Commercial — broad use flexibility)</span></li><li>​<strong style="color: rgba(17, 24, 39, 1)">Status:</strong><span sty

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

Location & Travel Times