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Mixed-Use Property with Motel
For Sale
$925,000

1342 S 2nd Street, Raton, NM 87740

CommercialSale, Raton, NM

Property SizeContact for details
Lot Size2.35 Acres
Days on Market334

Property Features for 1342 S 2nd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description R-1
Parking 10
Parking features Guest
Directions Head southwest on I-25 S toward W Frontage Rd. Take exit 451 for US-64 E/US-87 E toward Clayton/Raton. Turn right onto US-64 W/Clayton Rd. Turn left onto S 2nd St. Destination will be on the right.
Subdivision 400 - Colfax
Standard status Active
APN 1135184244266
Lot size 2.35 Acres

Taxes and HOA fees

Tax Description Subd: FAIRVIEW ADDITION - IN Lot: 4 Block: 8 UPC 1135184244266 LAND 1 Subd: FAIRVIEW ADDITION - IN Lot: 5 Block: 8 UPC 1135184244266 LAND 2 Subd: FAIRVIEW ADDITION - IN Block: 8 UPC 1135184244266 LAND 3 S 75 FEET LOT 6(M/H ON PERM - 1989)(ROBIN HOOD MOTEL)(RATON SIGN)WD 202103805
Tax Annual Amount 5263
Legal Description Subd: FAIRVIEW ADDITION - IN Lot: 4 Block: 8 UPC 1135184244266 LAND 1 Subd: FAIRVIEW ADDITION - IN Lot: 5 Block: 8 UPC 1135184244266 LAND 2 Subd: FAIRVIEW ADDITION - IN Block: 8 UPC 1135184244266 LAND 3 S 75 FEET LOT 6(M/H ON PERM - 1989)(ROBIN HOOD MOTEL)(RATON SIGN)WD 202103805

Utilities

Heating system Natural Gas
Cooling system Window Unit(s)

Building Details

Floors in Building 1
Listing Agency: Keller Williams Realty
Listed By: Anne M Vallejos · License #41997
Added: Oct 28, 2025 Changed: Aug 19 Last Checked: Sep 26 at 5:06PM
MLS# 1094205

Copyright © 2026 Southwest MLS. 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 mixed-use property at 1342 S 2nd Street includes the 23-room Robin Hood Motel, an attached restaurant with equipment in place, a single-family residence, and a habitable manufactured home. A separate manufacturing or warehouse building adds another substantial improvement, while vacant land remains part of the offering. The property encompasses 2.35 acres in Raton, New Mexico, and includes guest parking. Heating is provided by natural gas, with window unit cooling in the improvements. Its combination of lodging, food service, residential structures, industrial space, and undeveloped acreage creates a varied commercial property profile. The site is near I-25 and within the mountain corridor of northern New Mexico.

Key Highlights

  • 23‑room motel included in the offering
  • Attached restaurant with equipment in place
  • Single‑family residence and habitable manufactured home

Property Analytics

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Current Use

Motels

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Big Box & Wholesale Store Building Supply Bakery Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

180
Businesses Nearby

Demographics for 87740, NM

7,138
Population
3,889
Households
1.8
Avg Household Size
48
Median Age
19%
College-Educated
89%
High-School Grad
1,306.7 sq mi
ZIP Area
5
Density / Sq Mi
$52,856
Median Household Income
$32,093
Median Earnings
$734
Median Rent
$157,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multi-component commercial property combines lodging, restaurant, residential, and industrial improvements on one tract.
Where is this mixed-use property located?
The property is located at 1342 S 2nd Street Raton, NM.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 23‑room motel included in the offering; Attached restaurant with equipment in place; Single‑family residence and habitable manufactured home
More about this property
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