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Wedding Event Barn with Patio
For Sale
$1,500,000

107 Sagebrush Road lot 1 2 3 4, Ruidoso Downs, NM 88346

Commercial Sale, Ruidoso Downs, NM

Property Size4,200 SF
Lot Size2.54 Acres
Price / SF$357.14
Days on Market481

Property Features for 107 Sagebrush Road lot 1 2 3 4

General Information

Property type Commercial Sale
Property subtype Single Family Residence
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Patio and Porch features Patio
Appliances Bar Fridge
Subdivision Palo Verde Ranchettes
Lot features Gentle Sloping, Irregular Lot, Corner Lot, Gentle Sloping, Irregular Lot, Corner Lot
Standard status Active
APN 4078064205249
Size 4,200 SF
Lot size 2.54 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14383

Utilities

Utilities Cable Available
Sewer type Septic Tank
Cooling system Central Air
Water source Well

Amenities

stage
kitchen area
bar
dressing room
restrooms
covered concrete patio
central heat & air

Building Details

Year built 2021
Floors in Building 1
Flooring type Tile, Concrete
Building materials Wood Siding
Roof type Metal
Architectural style Ranch
Additional Structures Storage
Listing Agency: Future Real Estate
Listed By: Monique Randall · License #53051
Added: Jun 3, 2025 Changed: Sep 25 Last Checked: Sep 26 at 1:06AM
MLS# 132709

Copyright © 2026 Ruidoso/Lincoln County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,200-square-foot event barn was built in 2021 and occupies 2.54 acres. Inside, the venue offers a large seating area, a stage for performances or presentations, a kitchen area, a bar, a dressing room, and restrooms. A small upstairs space looks out over the property. Central heat and air serve the building, which has a metal roof, wood siding, and tile and concrete flooring.

A covered concrete patio extends from the south side, with a small green space to the east. The property borders National Forest. A large storage shed holds event furnishings and supplies, including tables and chairs. Water comes from a shared well, and wastewater is handled by a conventional septic system.

Key Highlights

  • 4,200‑square‑foot event barn on 2.54 acres
  • Built in 2021 with central heat and air
  • Interior includes seating, stage, kitchen area, bar, dressing room, and restrooms

Property Analytics

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Current Use

Wedding venues

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby

Demographics for 88346, NM

3,128
Population
1,673
Households
1.9
Avg Household Size
38
Median Age
9%
College-Educated
86%
High-School Grad
52.2 sq mi
ZIP Area
60
Density / Sq Mi
$33,250
Median Household Income
$22,648
Median Earnings
$826
Median Rent
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Wedding venue - A 2021-built venue includes gathering, entertainment, and food-service areas.
Where is this wedding venue located?
The property is located at 107 Sagebrush Road lot 1 2 3 4 Ruidoso Downs, NM.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 4,200‑square‑foot event barn on 2.54 acres; Built in 2021 with central heat and air; Interior includes seating, stage, kitchen area, bar, dressing room, and restrooms
More about this property
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