151 Old Lamy Trail-Legal Tender Saloon & Eatery

$1,750,000

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151 Old Lamy Trail-Legal Tender Saloon & Eatery

$1,750,000

Contact Presenting Broker

    Bell Tower | KW

    505.988.2428

    Key Features

    • MLS: 202233364
    • Status: Active
    • Price: $1,750,000
    • Area: 10-Hwy 285
    • Type: Business
    • Acres: 1.84

    About this Property

    Authentic and historic - where the pavement ends and the west begins. The Legal Tender Saloon and Eating Establishment has been a local love in Northern New Mexico since the late 1800s. Located on a large commercially zoned lot consisting of 1.84 acres centered in the Village of Lamy, the property overlooks and also collaborates with the former Santa Fe Southern Railway. This short-line railroad also operates as a tourist railroad now called Sky Railwaycarrying passengers between Lamy and Santa Fe. The Lamy Amtrak Depot, across the street off Old Lamy Trail, is a Mission Revival-style depot built by the Atchison, Topeka, and Santa Fe Railway in 1909 and still serves the Southwest Chief train twice a day. The 7,331 sq.ft. historically significant and completely updated stone and frame structure was originally built thereafter. There are 4 formal dining areas and a bar room with additional bar seating surrounding theoriginal 1884 Brunswick oak bar. There are 4 bathrooms (men, women, and employees), an office, 1 fireplace, and a completely restored facade. The commercial kitchen is very large with walk-in pantries and freezers/refrigerators, prep areas, work areas, commercial grade sinks, appliances, employee facilities, and wine storage. There is a large open-air outdoor patio fronting the property, overlooking the train tracks and depot as well as an entry portal. The business and real estate are completely turnkey (all equipment, furnishings, etc. conveying) with all licenses in place. A full liquor license is available for sale. The creative and well-respected chef and co-restauranteur manages the famous and long-respected Legal Tender & Saloon, as well as the Bar Castaneda in Las Vegas, NM - Forbes "10 Best Restaurants of 2021". The saloon and eatery currently operate limited hours but are available to seat 325 people and cater events. The owner lovingly refurbished the property with drawings for a possible RV park behind the Eatery and Saloon, as well as drawings to reconstruct the infamous El Ortiz Hotel. This is a great opportunity to continue the tradition of fine dining in one of Santa Fe County's most legendary destination properties.

    Additional Features

    • Type Business
    • Days On Market 63
    • Parking FeaturesParking Available, Parking Lot
    • Parking Spaces40
    • UtilitiesElectricity Available
    • FlooringCarpet, Wood
    • Construction MaterialsBlock, Frame, Rock
    • RoofFlat, Metal, Pitched
    • SewageSeptic Tank

    Neighborhoods

    Highway 285

    The 2,500 or so acres that comprise this area immediately south of Eldorado are part of the old Sebastian De Vargas Grant and include Lamy, Galisteo, Camino Valle Street, Los Caballos, Los Vaqueros, Old Road Ranch, Pinon Street, Ranchitos de Santa Fe, The Ridges and Cimarron. Lovely tree-covered artist and ranching villages are surrounded by gently rolling hills. Homes & Land for sale on Highway

    Schools

    Listing Brokerage

    IDX listing

    Gary Bobolsky

    Sotheby's Int. RE/Washington

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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 Bell Tower | Keller Williams are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.