Historic Mixed-Use
For Sale
$499,000
140-144 S 2nd Street, Raton, NM 87740
CommercialSale, Raton, NM
Property Size20,423 SF
Lot Size0.16 Acres
Price / SF$24.43
Days on Market32
Property Features for 140-144 S 2nd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C-1
Parking features
On Street
Directions
Southbound from I-25 exit onto 2nd Street. The building is located on the Corner of 2nd and Cook Ave. on the right-hand side.
Subdivision
400 - Colfax
Standard status
Active
APN
1135186268071
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
Subd: O T RATON Lot: 1 Block: 7 UPC 1135186268071 LAND 1 Subd: O T RATON Block: 7 UPC 1135186268071 LAND 2S 24 FT 8 IN OF LOT 2
Tax Annual Amount
5411
Legal Description
Subd: O T RATON Lot: 1 Block: 7 UPC 1135186268071 LAND 1 Subd: O T RATON Block: 7 UPC 1135186268071 LAND 2S 24 FT 8 IN OF LOT 2
Amenities
storefront windows
stained-glass accents
paneled wood doors
interior transoms
wood trim and millwork
hardwood flooring
skylights
elevator
Building Details
Floors in Building
3
Building materials
Brick
Listing Agency:
Keller Williams Realty
(505) 897-1100
Listed By:
Anne M Vallejos · License #41997
(505) 331-8306
Added: Aug 26
Changed: Sep 6
Last Checked: Sep 26 at 6:06PM
MLS# 1110020
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.
The National Register-listed DiLisio Building occupies approximately 15,317 SF across three floors, including a basement, with an additional 5,106 SF unfinished basement. Built around 1910, the brick structure includes open commercial areas, private office suites, larger adaptable rooms, an elevator, storefront windows, stained-glass and transom accents, wood millwork, selected hardwood flooring, and skylights. A columned corner entry and decorative cornice contribute to its historic character.
The property sits on 0.16 acres at 140-144 S 2nd Street in downtown Raton, positioned at Cook Avenue and South 2nd Street. It is zoned C-1 Central Business District and has on-street parking. Nearby uses include banks, the library, the train depot, restaurants, and other downtown amenities.
A property-specific redevelopment study outlines concepts spanning retail, food and beverage, offices, studios, maker space, event or training areas, and upper-floor residential use. The existing layout supports continued commercial occupancy or adaptive reuse across multiple room types and levels.
The property sits on 0.16 acres at 140-144 S 2nd Street in downtown Raton, positioned at Cook Avenue and South 2nd Street. It is zoned C-1 Central Business District and has on-street parking. Nearby uses include banks, the library, the train depot, restaurants, and other downtown amenities.
A property-specific redevelopment study outlines concepts spanning retail, food and beverage, offices, studios, maker space, event or training areas, and upper-floor residential use. The existing layout supports continued commercial occupancy or adaptive reuse across multiple room types and levels.
Key Highlights
- Approximately 15,317 SF across three floors, including a basement
- Additional 5,106 SF unfinished basement
- 0.16‑acre site at 140‑144 S 2nd Street in downtown Raton
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three floors combine storefront areas, offices, flexible-use rooms, and an elevator.
Where is this mixed-use property located?
The property is located at 140-144 S 2nd Street Raton, NM.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Approximately 15,317 SF across three floors, including a basement; Additional 5,106 SF unfinished basement; 0.16‑acre site at 140‑144 S 2nd Street in downtown Raton
