Mixed-Use Commercial
120 N 1st Street Raton, NM 87740
120 N 1st Street, Raton, NM, 87740
$1,750,000
For Sale
$1,750,000
SINGLE_FAMILY - Raton, NM
Property Size15,000 SF
Price / SF$116.67
Days on Market79
Property Features for 120 N 1st Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Standard status
- Active
- APN
- 09
Taxes and HOA fees
- Tax Description
- TBD/Property Legal Description: Subd: OT RATON Lot: 6 Block: 1 UPC 1135186318120 LAND 1 Subd: OT RAT
Building Details
- Year built
- 1900
Listing Agency
Engel & Voelkers Taos
(575) 776-0600
105 Paseo del Pueblo Norte, Taos Ski Valley, NM
Listed by
Wayne Massi · License #51391
(575) 776-0600
Added: May 4 Updated: Jul 17 at 7:13 pm Checked: Jul 21 at 12:06 am
MLS# 115136
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
The Gamble Building offers mixed-use space including a well-equipped restaurant and service bar, plus additional retail, office, and residential areas. El Comedor includes a fully equipped kitchen and service bar, POS system, game room, office area, and an ADA-compliant restroom, and it is set up for 150+ indoor/outdoor seats. The ground floor also includes additional retail and office space, while the second story provides residential/business space, including 1 finished apartment with a history of long-term business leases. An additional entertainment ballroom is in place with refinished hardwood floors, towering ceilings with skylights, 3 offices, and 2 ADA-compliant restrooms for expansion.
Located at 120 N 1st Street in Raton, the building is situated at the hub of Raton’s 1st Street Historic Art District. The property is directly across the street from the AmTrack RxR station and across the street from the railroad.
This is a substantial, centrally positioned building designed to support multiple in-place uses and ongoing expansion.
Located at 120 N 1st Street in Raton, the building is situated at the hub of Raton’s 1st Street Historic Art District. The property is directly across the street from the AmTrack RxR station and across the street from the railroad.
This is a substantial, centrally positioned building designed to support multiple in-place uses and ongoing expansion.
Key Highlights
- Gamble Building includes 15,000 SF of commercial and residential space in Raton’s 1st Street Historic Art District
- Located directly across from the Amtrak station/railroad, in the hub of the 1st Street Historic Art District
- El Comedor: 2,000 SF restaurant and service bar with fully equipped kitchen, service bar, POS system, game room, office area, and ADA‑compliant restroom
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - A downtown mixed-use property with a fully equipped restaurant, ground-floor retail/office space, and residential units.
Where is this conventional restaurant located?
The property is located at 120 N 1st Street Raton, NM.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Gamble Building includes 15,000 SF of commercial and residential space in Raton’s 1st Street Historic Art District; Located directly across from the Amtrak station/railroad, in the hub of the 1st Street Historic Art District; El Comedor: 2,000 SF restaurant and service bar with fully equipped kitchen, service bar, POS system, game room, office area, and ADA‑compliant restroom
