105 James Canyon Highway - Restaurant FOR SALE


Cloudcroft, NM 88317
$2,500,000 USD
575-415-4039
105 James Canyon Highway, Cloudcroft, NM for Sale
$2,500,000 USD
Restaurant - FOR SALE
1/65
null | Request Cap Rate

105 James Canyon Highway
Cloudcroft, NM 88317


OVERVIEW

A Smokin’ Opportunity: for a top performing BBQ Restaurant + Upstairs Apartment. Turn up the heat on your real estate portfolio with this rare mixed-use property that offers both business and residential potential in one incredible package. Located on a high-traffic corner, in the center of the beautiful mountain village of Cloudcroft, this well-established BBQ joint comes fully equipped with a professional-grade kitchen, indoor and outdoor seating, multiple smokers from the likes of Sonny Moberg, M & M Pits, and J & R, all top tier pit builders out of Texas. With a loyal local following, and a location that draws not only tourists, but a strong following from Holloman Air Force Base, and Fort Bliss. The rustic, down-home charm of the dining area makes it perfect for both dine-in and takeout crowds. Inside seats 74 customers while the outside pavilion can seat an additional 47 customers. Upstairs, you'll find a spacious 2-bedroom, 1-bath apartment with a private entrance—ideal for owner-operators, staff housing, or rental income. Natural light fills the open concept living space, and recent updates provide comfort and style above the sizzle of the grill. Whether you're a pitmaster ready to go solo, a savvy investor, or a visionary entrepreneur, this is your chance to own a flavorful slice of the community. The owner moved from the BBQ Capital of Texas, Lockhart, with a dream. A great deal of love and passion have gone into making it what it is today. And with much hesitation he has decided to sell to be closer to his children, and grandchildren in Texas. At asking price, the name, recipes, and techniques are included. Employees are in place for success. There are many more possibilities for a real go-getter with a passion to succeed, as currently the business is only open four days a week, and only for lunch. For an easy transition, the owner is willing to stay on for a couple of months if needed.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$556 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Mad Jack's Mountaintop Barbecue

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

C

APN/PARCEL ID

R036032

ASK ABOUT THIS PROPERTY

Megan CorvinFuture Real EstateMore Info
575-415-4039

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Megan CorvinFuture Real EstateMore Info
575-415-4039

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