New Mexico Hospitality Properties for Sale

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Albuquerque, NM Santa Fe, NM Las Cruces, NM Farmington, NM Rio Rancho, NM Taos, NM Santa Teresa, NM Belen, NM

51 properties

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Updated: Dec 8, 2025

Santa Fe Redevelopment Opportunity

1625 Paseo de Peralta, Santa Fe, NM 87501

$8,200,000

30,760 sqft 2.90 AC lot

Prime 2.9‑acre infill parcel adjacent to the Santa Fe Railyard.
Highly permissive Business Capital District (BCD) zoning allows for diverse redevelopment options.
Extensive entitlements reduce planning risk and development timelines.
Existing ±30,760 sf building offers uncommon flexibility for redevelopment.
Transit‑Oriented Development potential with walkability to transit and proximity to amenities.

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1625 Paseo de Peralta, Santa Fe, NM 87501

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Est. Cap Rate

5.2%
NOI ÷ price
Est. NOI

$426K
Annual
Mortgage

$1.9M
Dec 2020

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Updated: Nov 1, 2025

Historic Silver City Residence

411 West Broadway Street, Silver City, NM 88061

$989,000

0.27 AC lot

Prime Historic District Location: Walkable to downtown shops, galleries, and restaurants.
Restored Historic Charm: Beautifully restored 1883 residence with original wood floors and marble fireplaces.
Flexible Zoning: Zoned for residential or business use, offering live/work potential, boutique inn, or event space.
Gourmet Commercial Kitchen: Equipped with fire suppression, ideal for entertaining or business use.
Recent Modern Updates: Includes updated electrical and plumbing (2005) and new roof (2024).

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Ruidoso Redevelopment Investment Opportunity

107 El Paso Road, Ruidoso, NM 88345

$990,000

0.99 AC lot

Iconic Ruidoso redevelopment opportunity near Highway 70.

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Historic Hotel with Restaurant and Spa

200 South 1st Street, Raton, NM 87740

$3,500,000

Historic Palace Hotel includes a fully equipped Stakeout Restaurant plus adjoining apartments and additional planned hospitality space.

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Mixed-Use Arts Hospitality Building

4 N Chamisa Dr, Santa Fe, NM 87508

$1,599,000

4,815 sqft 2.32 AC lot

Extensively renovated building with a front gallery/event space, apartments, and private art studios.

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Rustic Lodge and Storefront

7 Private Drive 1759, Chama, NM 87520

$699,000

2,400 sqft 0.87 AC lot

Rustic lodge property with general store, kitchen, stand-alone cabin, and three shared-veranda units.

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Bed & Breakfast Inn

416 La Lomita Lane, Taos, NM 87571

$1,675,000

4,500 sqft 0.75 AC lot

Seven-room bed and breakfast with gardens and outdoor living spaces, plus a shared breakfast area.

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Sustainable Off-Grid Desert Retreat

12710 Lucca Rd SW, Deming, NM 88030

$1,495,000

337.00 AC lot

337-acre sanctuary with luxury residences and sustainable features near Deming.

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Entitled RV Resort Development Site

87 Polo Drive, Santa Fe, NM 87507

$7,000,000

130 sqft 57.00 AC lot

Fee-simple development land with approvals for a 130-space RV campground and supporting equestrian/event infrastructure.

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Tucumcari Hospitality Opportunity on Route 66

1302 West Route 66 Blvd, Tucumcari, NM 88401

$1,750,000

15,785 sqft

15,785 SF commercial property ideal for hospitality venture.

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Mixed-Use Hospitality Property

1133 Grand, Las Vegas, NM 87701

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4,000 sqft

Two-story front building includes front office and restaurant spaces, plus motel rooms requiring upgrades.

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Two-Story Economy Hotel with Pool

1408 Main Street, Lordsburg, NM 88045

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31,624 sqft 2.28 AC lot

40-room economy hotel with pool and business center, renovated in 2023 and positioned on Interstate 10.

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Economy Hotel with Indoor Pool

1426 West Motel Drive, Lordsburg, NM 88045

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29,952 sqft 3.00 AC lot

56-room two-story hotel with interior corridors, surface parking, and an indoor pool along Interstate 10.

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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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Commercial Land with Motel Structure

1101 South White Sands Boulevard, Alamogordo, NM 88310

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6,896 sqft 2.24 AC lot

Redevelopment site offers prominent main retail corridor frontage with an existing motel building for flexible hospitality or office uses.

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Renovated Motel Along Interstate 10

1202 Pyramid St, Lordsburg, NM 88045

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12,566 sqft 1.53 AC lot

35-room motel, renovated in 2024, located in Lordsburg, New Mexico.

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Adobe Retreat Compound

18 DESTIERRO TR, Santa Fe, NM 87506

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8,894 sqft 3.84 AC lot

Adobe retreat compound with a courtyard-centered hacienda, separate residence, and a circular sanctuary building.

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Turn-Key Hospitality and Restaurant

3658 Ice Caves Rd, Ramah, NM 87321

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4,998 sqft

Commercial property with restaurant, owner suite, RV hookups, and outdoor amenities along Highway 53.

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Best Western Hotel Opportunity

1765 S Main St, Las Cruces, NM 88005

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48,066 sqft

Best Western-branded 68-room hotel with Mission-style design and an on-site two-bedroom manager’s apartment for added support.

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Riverfront RV Park Investment Opportunity

1129 Calle Del Rio, Bloomfield, NM 87413

$750,000

1.45 AC lot

Scenic RV park with income potential along the San Juan River.

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Former Red Lion Redevelopment Opportunity

1501 E Santa Fe Ave, Grants, NM 87020

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183,757 sqft

Value-add opportunity in Grants, New Mexico off I-40.

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Boutique Inn and Hospitality Retreat

153 SAN PEDRO DR, Alamogordo, NM 88310

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5,528 sqft 5.01 AC lot

Operating Southwestern-style inn with dining, commercial kitchen, indoor pool, and equestrian facilities on expansive grounds.

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Flat Commercial Hotel Site

2390 Historic Route 66, Santa Rosa, NM 88435

$457,380

3.45 AC lot

Flat commercial land parcel with utilities available and frontage along Historic Route 66 and I-40.

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I-25 & I-40 Hotels

1901 UNIVERSITY BLVD NE & 1780 MENAUL BLVD NE, Albuquerque, NM 87102

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12 sqft 12.00 AC lot

Two hotels with development land at I-25 and I-40.

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New Mexico Hospitality Properties Market Trends and Statistics

Explore 72 hospitality properties for sale in New Mexico, showcased through 51 active listings on our real estate platform. These investment opportunities span a total of 666,169 square feet of properties for sale, with an estimated market value of $51,469,380.

Sale prices for hospitality properties in New Mexico start at $457,380, averaging $2,573,469, and reaching up to $8,200,000 — 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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