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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 Market300

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: Aug 23 at 3:06AM
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 spans 2.35 acres and includes a 23-room 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 functional component, while additional vacant land remains part of the holding.

The property is located at 1342 S 2nd Street in Raton, New Mexico, near I-25. Building systems include natural gas heating and window-unit cooling, with guest parking provided. The combination of lodging, food service, residential structures, warehouse space, and undeveloped acreage creates a broad existing-use profile within a single property.

Key Highlights

  • 2.35‑acre mixed‑use property in Raton, NM
  • 23‑room motel included in the offering
  • Attached restaurant with equipment in place

Property Analytics

Current Use

Motels

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Pharmacy Big Box & Wholesale Store Building Supply 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.

Lease Details

Yes
Highway access

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multiple buildings combine lodging, restaurant, residential, and warehouse uses on one commercial property.
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: 2.35‑acre mixed‑use property in Raton, NM; 23‑room motel included in the offering; Attached restaurant with equipment in place
More about this property
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