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1177 SE NM-554

$1,200,000

The El Llano Bar and Merchantile in El Rito, New Mexico for sale. Tremendous income opportunity. Never on the market, and has been…

Key Features

MLS: 202400215

List Date: 02-05-2024

Status: Active

Area: Abiquiu Area

Type: Business

Acres: 1.1

Presented By

Photo of Cindy Sheff

Cindy Sheff

505.470.6114

Photo of Michael Sanford

Michael Sanford

505.916.6644

The El Llano Bar and Merchantile in El Rito, New Mexico for sale. Tremendous income opportunity. Never on the market, and has been in the local Garcia family for many generations. A great deal of room for expansion into possible restaurant, pool and dance hall, etc. Has viga beams underneath ceiling for those looking for the traditional New Mexico look. Family wants to keep the liquor license attached to the business and this location. The Garcia family have been longtime business men and ranchers in the El Rito area. El Rito was one of the first Spanish settlements in northern New Mexico. The oldest church in New Mexico is here, restored to its’ original splendor back in the 1980’s. El Rito is surrounded by Carson National Forest. The National Forest has a Ranger District office in El Rito. El Rito is also home to the El Rito campus of Northern New Mexico College. Endless opportunities for art gallery, increased mercantile, gas or other sales possibilities. High traffic count and good demand for demand for products in the area. Live the country dream in a nice quaint area while having a very source of investment income coming in.

Additional Features

Construction Materials:Adobe, Block, Frame

Days on Market:302

Flooring:Wood

Parking Features:Off Site, Paved, Parking Lot, On Street

Property Type:Commercial Building

Property Sub Type:Business

Roof:Metal, Pitched

Utilities:High Speed Internet Available, Electricity Available

Water Source:Community/Coop

Zoning:BCD

About the Neighborhood

Homes & Land for Sale North of Santa Fe

These small communities are located in the southern Sangre de Cristo Mountains along Interstate 25 on the east side of Glorieta Pass (elevation 7500 ft.). With many homes backing up to National Forest land, these areas are ideal for those wanting peaceful seclusion within commuting distance of Santa Fe.

Schools

Listing Brokerage

IDX listing

David Cordova

Sotheby’s Int. RE/Grant