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4 Banana Lane

$2,300,000

  • 5 beds
  • 4 baths
  • 2,309 sqft

FIRST RIGHT OF REFUSAL (TENANT ON SITE) 11.4% CAP Rate with the potential to increase upon future lease of 4th rental units onsite.(3 of 4…

Key Features

MLS: 202402097

List Date: 06-26-2024

Status: Active

Area: Pojoaque Valley

Type: Single Family Residence

Bedrooms: 5

Full Baths: 4

Garage: 2

Acres: 2.45

Total Sqft: 2,309

Presented By

Alan & Anne

Alan & Anne Vorenberg

505.470.3118

FIRST RIGHT OF REFUSAL (TENANT ON SITE) 11.4% CAP Rate with the potential to increase upon future lease of 4th rental units onsite.(3 of 4 units rented) The tenant lease has annual rent escalations in place. The business is NOT FOR SALE. This is a Real Estate ONLY Offer. This offering includes a well known restaurant with ample indoor and outdoor seating, patio seating with impressive Sangre de Cristo mountain views, as well as 4 residential rental units all on approximately 2.45 acres. The property has 122 parking spots with easy access to Hwy 84/285 in between the Santa Fe/Los Alamos and Espanola corridor with plenty of street frontage.

The property is entirely coyote fenced and gated with a well and septic system in place. There is an outdoor kiva fireplace, complemented by flagstone, brick, rock, and a fenced viewing area, perfect for cozy gatherings. Both the interior and exterior are illuminated by Southwestern wall sconces, while numerous skylights and windows provide excellent natural lighting. The floors are laid with Talavera and Saltillo tiles, contributing to the authentic Southwestern ambiance. The location has a high traffic count with many movies being filmed nearby.

Additional Features

Garage Spaces:2

Parking Features:Carport

Parking Spaces:15

Utilities:Electricity Available

Interior Features:Interior Steps

Heating:Forced Air

Construction Materials:Frame

Roof:Foam

Horses Allowed:Yes

Water Source:Shared Well

Sewage:Septic Tank

About the Neighborhood

Homes & Land for Sale in Pojoaque, Nambé and Española

Pojoaque, Nambé and Española offer affordable homes with a rural feel and an easy commute to Los Alamos and Santa Fe.

Schools

Elementary School: Pojoaque

Junior High School: Pojoaque Jr High

High School: Pojoaque High School

Listing Brokerage

IDX listing

Marion Tray Rankin

Sotheby’s Int. RE/Washington

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