Log In/Sign Up
Your email has been sent.
2203 1st St 2,280 SF 100% Leased Retail Building Alamogordo, NM 88310 $1,023,180 CAD ($448.76 CAD/SF)
Investment Highlights
- Turnkey 2,280-square-foot freestanding restaurant on 1st Street with indoor and outdoor seating options, with equipment included in the sale.
- 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.
- Fully equipped restaurant property, operating as Pizza Patio, is a well-known local favorite, offering immediate continuity or rebranding potential.
- On approximately 0.24 acres, strategically positioned near residential neighborhoods, schools, healthcare, and key community amenities.
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
2,280 SF
Building Class
C
Year Built
1997
Price
$1,023,180 CAD
Price Per SF
$448.76 CAD
Percent Leased
100%
Building Height
1 Story
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Demographics
Demographics
1 mile
3 mile
5 mile
15 min drive
2025 Population
6,852
25,014
31,957
36,303
2030 Population
6,830
25,110
32,157
36,576
2025-2030 Projected Population Growth
-0.3%
0.4%
0.6%
0.8%
Median Age
37.5
38.7
38.8
39.5
College Degree + Higher
22%
24%
25%
16%
Daytime Employees
1,826
10,931
12,790
13,655
Total Businesses
228
1,537
1,724
1,853
Average Household Income
$68,847
$69,404
$71,430
$70,717
Median Household Income
$49,097
$51,048
$52,098
$51,220
Total Consumer Spending
$78.2M
$288M
$373.2M
$425M
2025 Households
3,027
10,777
13,712
15,559
Average Home Value
$217,911
$219,068
$220,178
$214,165
$ values in USD
Nearby Major Retailers
Property Taxes
| Parcel Number | 01N4057094032519 | Improvements Assessment | $100,400 CAD |
| Land Assessment | $24,240 CAD | Total Assessment | $124,640 CAD |
Property Taxes
Parcel Number
01N4057094032519
Land Assessment
$24,240 CAD
Improvements Assessment
$100,400 CAD
Total Assessment
$124,640 CAD
1 of 45
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
2203 1st St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.