2320 S Locust Street

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 29925321
Property Subtypes: Restaurant
Status: Pending
Building Size (RSF): 1,679 SF
Gross Land Area: 21,250 SF
Sale Price: $250,000
Unit Price: $148.90 PSF
Property Use Type: Business
Building Name: BurgerTime
Usable Size (USF): 1,679 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 8/22/2017

Overview / Comments

This location is within two blocks of University Avenue. The restaurant has a long time history since 1971. The property consists .48 acres of land which is on a corner. The building is 1679 square feet and has inside dining, carryout, and drive through. The sale includes all Furniture, fixtures and equipment, a complete turn key operation.

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Taxing Authority: Dona Ana County
Tax ID/APN: 02-14760/02-14770
Retail Clientele: General, Family, Business, Tourist, Convention
Property Visibility: Good
Largest Nearby Street: University Ave.
Highway Access: I-10 and I-25
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,679 SF
Property Condition: Average
Year Built: 1971
Zoning Description: Commercial C-2C
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: 730 - University Place Lot PT of TR B

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,682 63,651 101,687
Median Age: 25.91 33.74 34.86
Households: 6,597 26,106 40,848
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