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Severo's Restaurant 109 E Corpening Ave 3,500 SF Retail Building La Mesa, NM 88044 $2,092,800 CAD ($597.94 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Turnkey Restaurant/Bar Opportunity – fully equipped and operational
  • Large 64,449 SF lot offering expansion potential
  • On Highway 28 which is a scenic destination route, not just a pass-through road which receives much Weekend tourism from El Paso & Las Cruces
  • Approx. 3,500 SF interior + 24’ x 24’ outdoor patio
  • FFE estimated at approx. $175,000 (included)

EXECUTIVE SUMMARY

Real Estate is contingent upon business acquisition. LLC transfer will include all FF&E, inventory, liquor, beer, recipes, social media accounts. Buyer must qualify for liquor license lease or have their own in place. All documentation regarding the business will be accessed with a signed NDA, Proof of funds, and LOI.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,500 SF
Building Class
C
Year Built
1991
Price
$2,092,800 CAD
Price Per SF
$597.94 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.48 AC
Zoning
A2
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
350’ on E Corpening Ave

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-01723
Land Assessment
$12,685 CAD
Improvements Assessment
$205,832 CAD
Total Assessment
$218,517 CAD
  • Listing ID: 38550521

  • Date on Market: 2025-11-23

  • Last Updated:

  • Address: 109 E Corpening Ave, La Mesa, NM 88044

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