2411 CERRILLOS Road

$295,000

2411 CERRILLOS Road

$295,000

Contact Presenting Broker

    SIR

    Sotheby's International Realty ®

    (800) 409-7325

    Key Features

    • MLS: 202200419
    • Status: Sold
    • Price: $295,000
    • Area: 4S-SF City Limit SWS
    • Type: Investment
    • Acres: 0.18
    • Sell Date: 12-30-2022
    • Listing Agency: dRoberts Realty LLC
    • Selling Agency: dRoberts Realty LLC

    About this Property

    Price Reduced -- now an 8.5% CAP. Approx 2 years remain on lease to Yama's Restaurant with full kitchen, dining area and patio on east side expiring 30-June-2024. Tenant has indicated that it intends to renew for an additional five years. Currently west end used as drive-thru pick-up (order ahead). Building has been a restaurant or coffee shop for at least 10 years. Note adjoining motel is being developed into a 58 unit affordable housing project by JL Gray (see link). Excellent non-metered off-street parking available.

    Additional Features

    • Type Investment
    • Days On Market 215
    • Parking FeaturesPaved, Parking Available, Parking Lot, On Street
    • Parking Spaces5
    • AppliancesWater Heater
    • UtilitiesHigh Speed Internet Available, Electricity Available
    • HeatingNatural Gas
    • RoofPitched
    • Water SourcePublic
    • SewagePublic Sewer

    Neighborhoods

    Santa Fe City Southwest

    Santa Fe city southwest, the largest area of Santa Fe and still growing…. West SideThis older, family community boasts an eclectic mix of commercial development and mid-priced adobe structures. St. Anne's church and Larragoite elementary school help create a neighborhood atmosphere. Barrio la CañadaClose to town and just west of the west side, this small area provides a quiet,

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    Schools

    Listing Brokerage

    IDX listing

    Douglas Roberts

    dRoberts Realty LLC

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    The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Sotheby's International Realty ® are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.