About This Home

This 0-bedroom, 0-bathroom commercial at 417 Main Street E in Red River, NM is listed for $749,000. on a 0.22 acres lot.

Key Features

0.22 acre lot

Listing Description

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 MainStreet, 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. Red River is a vibrant mountain town offering skiing, hiking, fishing, and a welcoming community.

Monthly Cost Estimate

$4,006/mo

20% down · 6.5% · 30 years

Principal$542

Interest$3,246

Insurance$218

Estimates only. Actual payments may vary.

Location

417 Main Street E

Red River, NM 87558

Red River Townsite

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 417 Main Street E is listed at $749,000. The estimated monthly payment is $4,005 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.22 acre lot.

This property is listed by Sloan Covington.

Sloan Covington

License 52660

Agent at Lindsey Land & Home, LLC

417 Main Street E, Red River, NM 87558