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    325 Main St W Red River, NM 87558

    For Sale
    $2,500,000

    SINGLE_FAMILY - Red River, NM

    Type:Retail
    Days on Market:
    145
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 325 Main St W

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active

    Utilities

    Water source
    Public

    Building Details

    Building materials
    Stucco, Frame
    Roof type
    Metal

    Calhoun Real Estate (575) 770-0420 [email protected]

    Listing agent Kathryn Pierce (575) 754-2953 License #47573

    Listing date Jul 14, 2025

    Copyright © 2025 Enchanted Circle 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.

    Overview

    Red River Multi-Income Commercial Property

    This 8,100 sq ft commercial property is located in a high-traffic area of Red River. It presents four distinct income opportunities with over 30 years of proven success. The first is an established seasonal retail shop offering fishing gear, outdoor supplies, T-shirts, hats, jewelry, stuffed animals, wind socks, and camping gear. The second is a ski and snowboard shop featuring brands like K2, Libtech, Gnu, and Volkl, along with boots from K2, Nordica, and Dalbello. It includes Wintersteiger trim disc & waxer, Reichmann stone belt grinder, and edger. The property also includes four nightly rental units: one two-bedroom unit with a full kitchen and living area, two studio apartments with queen beds, kitchenettes, and baths, and one standard hotel-style room. There is also a coffee shop space equipped with a commercial espresso machine, warming tray, refrigerators, prep stations, and a popcorn machine. Additional features include a large private office, an oversized attic, and a rear garage for equipment and inventory storage. The private office is convertible back to residential living quarters. The property has a 30-year track record of success.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Red River
    County
    Taos
    State
    New Mexico
    Longitude
    -105.40936
    Latitude
    36.709572

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      Red River Waterfront Building Lot

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    FAQs

    What type of property is this?
    Retail space - 8,100 sq ft commercial property with four income opportunities.
    Where is this retail space located?
    The property is located at 325 Main St W Red River, NM.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Four distinct income-generating businesses provide diversified revenue streams.; - Established ski & snowboard shop includes professional-grade tuning equipment and top brands.; - Prime location in the heart of Red River's high-traffic area, capitalizing on the tourism economy.
    (575) 754-2953
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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
    325 Main St W Red River, NM 87558
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