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Dairy Bar Red River 417 Main - NM 38 hwy

750 SF Vacant Retail Building Red River, NM 87558 $1,169,413 CAD ($1,559 CAD/SF)

Executive Summary

Seller financing available, second building on property currently occupied month-to-month auto repair.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
750 SF
Year Built
1950
Price
$1,169,413 CAD
Price Per SF
$1,559 CAD
Business Value
$425,241 CAD
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.08
Land Acres
0.21 AC
Zoning
Commercial - General Business, Tourism Overlay Zone
Parking
5 Spaces (6.67 Spaces per 1,000 SF Leased)
Frontage
75 ft on Main Street, NM Hwy 38

Amenities

  • Restaurant

About 417 Main - NM 38 hwy , Red River, NM 87558

This is a rare opportunity to own one of Red River’s most iconic businesses. The Dairy Bar is a well-loved restaurant located on Main Street, drawing steady traffic from locals and tourists year-round. Known for its retro charm and delicious menu, the business is fully operational and ready for a new owner to step in or add their own vision. The property includes a secondary structure currently leased, providing additional income. This building offers flexibility for continued leasing, business expansion, or a new venture, making it a versatile asset. The restaurant features a fully equipped kitchen, a cozy dining space, and outdoor seating with mountain views. Its prime location ensures high visibility and foot traffic. Financial records show a history of strong performance, and these are available to serious buyers upon request. Seller-financing may also be an option for qualified buyers. This property is more than a business—it’s a lifestyle. Red River is a vibrant mountain town offering world-class skiing, hiking, fishing, and a welcoming community.

  • Listing ID: 34148688

  • Date on Market: 2024-12-10

  • Last Updated:

  • Address: 417 Main - NM 38 hwy, Red River, NM 87558

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