Raton, NM Commercial Real Estate for Sale

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Trinidad, CO Boncarbo, CO Weston, CO
11 properties
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Historic Hotel with Restaurant and Spa
Updated: Jul 17
Historic Hotel with Restaurant and Spa

200 South 1st Street, Raton, NM 87740

$3,500,000
Historic Palace Hotel built in 1896, offering 13,440 SF in downtown Raton’s historic and art district
Stakeout Restaurant includes fully equipped kitchen, 240+ seating capacity, 2 fireplaces, pool room, performance stage, and 6 restrooms
Stakeout Restaurant and bar reported steady business through 2023 (as stated in public remarks)
Property includes 2 adjoining apartments (in the Haven) plus an unfinished third‑floor area
Haven Hotel adjoins the Palace and includes additional retail space with a currently operating art gallery
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Mixed-Use Commercial Building
Updated: May 4
Mixed-Use Commercial Building

120 N 1st Street, Raton, NM 87740

$1,750,000
Gamble Building includes 15,000 SF of commercial and residential space in Raton’s 1st Street Historic Art District
Located directly across from the Amtrak station/railroad, in the hub of the 1st Street Historic Art District
El Comedor: 2,000 SF restaurant and service bar with fully equipped kitchen, service bar, POS system, game room, office area, and ADA‑compliant restroom
Additional ground‑floor space includes 8,000 SF of retail and office space
Second story offers 10,000 SF of residential/business space, including 1 finished apartment with a history of long‑term business leases
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Mixed-Use Building with Restaurant
Mixed-Use Building with Restaurant

120 North 1st Street, Raton, NM 87740

$1,750,000

Gamble Building offers restaurant, retail/office, residential space, and an entertainment ballroom in Raton’s Historic Art District.

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Raton, NM Mixed-Use Opportunity
Raton, NM Mixed-Use Opportunity

1342 South 2nd Street, Raton, NM 87740

$925,000
2.35 AC lot

Motel, restaurant, residence, and commercial buildings on 2.35 acres.

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Restaurant and Triplex Property
Restaurant and Triplex Property

244 South 1st Street, Raton, NM 87740

$750,000

Full-service restaurant with a second-floor setup of three furnished apartments and extensive kitchen equipment.

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Restaurant and Triplex Building
Restaurant and Triplex Building

244 S 1st Street, Raton, NM 87740

$750,000

Brick restaurant with a front dining room, pizza oven and POS, plus three furnished apartments on the second floor.

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Medical Office Building with 7 Offices
Medical Office Building with 7 Offices

130 S 3RD STREET, Raton, NM 87740

$250,000
0.15 AC lot

For sale medical office building configured with seven private offices in Raton, New Mexico.

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Restaurant and Motel Opportunity
Restaurant and Motel Opportunity

1445 South 2nd Street, Raton, NM 87740

$1,000,000

Dual-income hospitality asset with restaurant, motel, and apartment.

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Fenced Acres with Highway Access
Fenced Acres with Highway Access

186 HIGHWAY 555, Raton, NM 87740

$160,000
13.74 AC lot

Versatile fenced acreage with utilities in place and direct highway access near Raton, suitable for residential or recreational use.

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Historic Adobe Equestrian Property
Historic Adobe Equestrian Property

475 Stevens Ave, Raton, NM

Contact for pricing
42.00 AC lot

Authentic adobe home on 42 acres, perfect equestrian setup.

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400 Acres Grazing Land Homesite
400 Acres Grazing Land Homesite

Tbd Maxwell, Raton, NM 87740

$400,000
400.00 AC lot

400 acres of grazing land, perfect for a new homesite.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 11 Active listings in Raton, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Self Storage and Flex Redevelopment
Self Storage and Flex Redevelopment

1505 Santa Fe Trail, Trinidad, CO 81082

$449,000
3,120 sqft

Self-storage facility with a multi-room commercial building and on-site lots, offering practical space for storage, service, or redevelopment.

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Ranch Acreage with Utilities
Ranch Acreage with Utilities

33191 Elk Park Rd, Trinidad, CO 81082

$250,000
35.10 AC lot

35-acre AG-zoned ranch lot with a circular driveway, existing structure, and functional septic and cistern utilities.

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Elevated Build Site Parcel
Elevated Build Site Parcel

33250 Fox Trail, Trinidad, CO 81082

$185,000
35.14 AC lot

Zoned AG, this 35-acre parcel offers a circular driveway and utilities at the property edge for full-time or recreational use.

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Ranch Land With Built House Pad
Ranch Land With Built House Pad

33077 Ponderosa Ridge Dr, Trinidad, CO 81082

Contact for pricing
35.00 AC lot

35-acre ranch parcel with a completed 42x66 house pad, established driveway, power, septic, and water infrastructure.

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Off-Market Properties in Raton, NM

Consider similar Off-Market properties in Raton, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

301 3rd St
COMMERCIAL (GENERAL)

301 3rd St, Raton, NM 87740-4003

$510,000
Estimated value
3,604 sqft 0.16 AC lot
View details
595 10th St
COMMERCIAL (GENERAL)

595 10th St, Raton, NM 87740

Value Estimation by Request
1,056 sqft 6.30 AC lot
View details
251 Francis Ave
COMMERCIAL (GENERAL)

251 Francis Ave, Raton, NM 87740-3721

$515,000
Estimated value
3,675 sqft 0.21 AC lot
View details
1300 2nd St
COMMERCIAL (GENERAL)

1300 2nd St, Raton, NM 87740-2204

Value Estimation by Request
1,026 sqft 1.37 AC lot
View details
317 Clayton Rd
COMMERCIAL (GENERAL)

317 Clayton Rd, Raton, NM 87740-2313

Value Estimation by Request
1,761 sqft 0.15 AC lot
View details
1330 2nd St
COMMERCIAL (GENERAL)

1330 2nd St, Raton, NM 87740-2204

$670,000
Estimated value
4,892 sqft 5.87 AC lot
View details
1233 2nd St
COMMERCIAL (GENERAL)

1233 2nd St, Raton, NM 87740-2201

Value Estimation by Request
1,856 sqft 0.24 AC lot
View details
565 Clayton Rd
COMMERCIAL (GENERAL)

565 Clayton Rd, Raton, NM 87740-2367

Value Estimation by Request
1,820 sqft 0.65 AC lot
View details
200 Clayton Rd
COMMERCIAL (GENERAL)

200 Clayton Rd, Raton, NM 87740-2312

$580,000
Estimated value
11,350 sqft 6.00 AC lot
View details
244 1st St
COMMERCIAL (GENERAL)

244 1st St, Raton, NM 87740-3925

$970,000
Estimated value
8,000 sqft 0.16 AC lot
View details
139 2nd St
COMMERCIAL (GENERAL)

139 2nd St, Raton, NM 87740-3905

$910,000
Estimated value
15,251 sqft 0.34 AC lot
View details
907 2nd St
COMMERCIAL (GENERAL)

907 2nd St, Raton, NM 87740-2301

$650,000
Estimated value
18,990 sqft 1.14 AC lot
View details
136 2nd St
COMMERCIAL (GENERAL)

136 2nd St, Raton, NM 87740

Value Estimation by Request
3,500 sqft 0.08 AC lot
View details

Raton, NM Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Raton, NM, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $11,235,000.

Sale prices for business properties in Raton, NM start at $0.00, averaging $1,021,363, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 7,055
Population Growth (5Y) -1.5%
Median Household Income $52,856
College Educated 28.5%

High-Yield Neighborhoods for Investment

Identify Raton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
87740 $1.1M

Taxes & Financing

Tax Rate (average for all types) 2.54%
Property Tax per SF $44.18 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Colfax County

New Delisted

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