2203 1st St - Retail FOR SALE


Alamogordo, NM 88310
$750,000 USD
575-489-0014
2203 1st St, Alamogordo, NM for Sale
$750,000 USD
Retail - FOR SALE
1/44
null | Request Cap Rate

2203 1st St
Alamogordo, NM 88310


HIGHLIGHTS

  • Turnkey 2,280-square-foot freestanding restaurant on 1st Street with indoor and outdoor seating options, with equipment included in the sale.
  • Fully equipped restaurant property, operating as Pizza Patio, is a well-known local favorite, offering immediate continuity or rebranding potential.
  • High-traffic location with exposure to 11,600 vehicles per day, serving a densely populated area that spends over $53,064,769 annually on dining out.
  • On approximately 0.24 acres, strategically positioned near residential neighborhoods, schools, healthcare, and key community amenities.

OVERVIEW

Discover 2203 1st Street in Alamogordo, New Mexico, a 2,280-square-foot freestanding restaurant that offers a rare opportunity to acquire a fully equipped, turnkey restaurant along one of the city’s primary commercial corridors. Positioned on approximately 0.24 acres, the property benefits from excellent frontage and visibility along a high-traffic arterial connecting key commercial, residential, and community destinations throughout Alamogordo. The site is highly visible to approximately 11,600 vehicles per day, providing consistent exposure for restaurant operations and brand recognition. The property is currently operating as Pizza Patio, a well-established neighborhood eatery with a loyal customer base and a strong reputation for quality pizza and homestyle meals. The sale includes all kitchen equipment, fixtures, and furnishings, allowing a new owner to seamlessly continue existing operations or introduce a new restaurant concept without interruption. The building features both indoor and outdoor dining areas, offering flexibility for full-service, fast casual, or specialty dining concepts seeking an adaptable restaurant layout in a proven location. Pizza Patio is well-positioned to serve a dense, stable trade area, supported by more than 42,416 residents who spend over $53,064,769 annually on dining out. The surrounding area includes nearby healthcare providers, schools, parks, and established residential neighborhoods, further strengthening daytime and evening demand. 2203 1st Street presents an exceptional opportunity for an owner/user, investor, or restaurateur to acquire a high-visibility, fully equipped restaurant with an established brand presence and long-term growth potential in Alamogordo.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$329 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

01N4057094032519

ASK ABOUT THIS PROPERTY

Sandy KrallNM Premier Real EstateMore Info
575-489-0014

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Sandy KrallNM Premier Real EstateMore Info
575-489-0014

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