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    2281 State Rd 17 Chama, NM 87520

    Sponsored
    For Sale
    $300,000

    COMMERCIAL - Chama, NM

    Property size:
    3,660 SF
    Lot size:
    0.69 Acres
    Days on Market:
    22
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 2281 State Rd 17

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    C-2
    APN
    R008731
    Size
    3,660 SF
    Lot size
    0.69 Acres

    Building Details

    Year built
    1960

    Mossy Oak Properties (505) 865-7800

    Listing agent Lawrence A. Romero (505) 264-0234 License #20328

    Listing date Dec 16, 2025

    Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chama Restaurant and Saloon

    The High Country Restaurant and Saloon is a historical building located on the main street of Chama, NM. The property, with a size of 3660 square feet and zoned C-2, requires a complete remodel and offers redevelopment potential. It features an upstairs apartment or office space, a ground-floor bar area, and a package liquor store. The property sits on a lot of 0.69 acres. Some restaurant equipment remains in the building and will convey with the sale of the property. The intended use of the property is for commercial purposes.
    Location Intelligence

    Current Use by Public Records

    Bars

    Similar Places Nearby

    Rio Chama Espresso Kitchen & Wine Bar

    Map

    City
    Chama
    County
    Rio Arriba
    State
    New Mexico
    Longitude
    -106.5849607
    Latitude
    36.8844452

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    FAQs

    What type of property is this?
    Bar - Historical restaurant and saloon in Chama, NM for sale.
    Where is this bar located?
    The property is located at 2281 State Rd 17 Chama, NM.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Historical building on the main street of Chama, NM.; - Potential for complete remodel and redevelopment.; - Includes an upstairs apartment or office space.
    (505) 264-0234
    Request Owner's contact information
    2281 State Rd 17 Chama, NM 87520
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    Chama, NM 87520
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2281 State Rd 17 Chama, NM 87520
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