Search
Historic Mixed-Use Building
For Sale
$499,000

140-144 S 2nd St, Raton, NM 87740

A varied interior combines street-level retail areas with private offices and flexible rooms on the upper floor.

Property Size15,317 SF
Lot Size0.16 Acres
Price / SF$32.58
Days on Market43

Property Features for 140-144 S 2nd St

General Information

Standard status Active
Size 15,317 SF
Elevators Yes
Lot size 0.16 Acres
Zoning C-1

Additional Details

Corner Location Yes

Amenities

large street-facing windows
beautiful yellow-and-red masonry accents
distinctive columned corner entrance
decorative cornice detailing
expansive retail/showroom areas with oversized storefront windows
decorative stained-glass/transom accents
historic paneled wood doors
interior transoms
substantial wood trim and millwork
hardwood flooring in select areas
multiple skylights
elevator

Building Details

Buildings 1
Listing Agency: Keller Williams Realty
Listed By: Anne M Vallejos · License #41997
Source: Myabqhomesearch
Added: Aug 15 Changed: Sep 24 Last Checked: Sep 26 at 7:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty

Investment Insights

Based on property information with market context.

Dating to around 1910, this mixed-use property occupies a 0.16-acre corner site at Cook Avenue and South 2nd Street in Raton and is part of the National Register of Historic Places. The building contains approximately 15,317 square feet across three floors, including a basement, plus a separate 5,106-square-foot unfinished basement. Its exterior features masonry accents, broad storefront windows, a columned corner entry and decorative cornice work. An elevator serves the building.

The main level has open retail and showroom areas, while the upper floor includes private office suites and larger rooms. Interior details include transoms, wood trim, select hardwood flooring and skylights. Zoned C-1 Central Business District, the property is described in a redevelopment study as suited to concepts such as retail, food and beverage, offices, studios, event or training space, and upper-floor residential use. Banks, a library, train depot, restaurants and other downtown amenities are nearby.

Key Highlights

  • Approximately 15,317 square feet over three floors, including a basement, plus a 5,106‑square‑foot unfinished basement
  • 0.16‑acre corner property at Cook Avenue and South 2nd Street in Raton
  • C‑1 Central Business District zoning

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Pharmacy Big Box & Wholesale Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

396
Businesses Nearby
2k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Phil Long Ford of Raton Shops & Services
1,345 visits/mo 0.1 miles
Carquest Auto Parts Shops & Services
999 visits/mo 0.2 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - A varied interior combines street-level retail areas with private offices and flexible rooms on the upper floor.
Where is this mixed-use property located?
The property is located at 140-144 S 2nd St 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 square feet over three floors, including a basement, plus a 5,106‑square‑foot unfinished basement; 0.16‑acre corner property at Cook Avenue and South 2nd Street in Raton; C‑1 Central Business District zoning
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message