Historic Downtown Mixed-Use
New
For Sale
$499,000
140-144 S 2nd Street, Raton, NM 87740
CommercialSale, Raton, NM
Property Size20,423 SF
Lot Size0.16 Acres
Price / SF$24.43
Days on Market4
Property Features for 140-144 S 2nd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C-1
Parking features
On Street
Directions
Southbound from I-25 exit onto 2nd Street. The building is located on the Corner of 2nd and Cook Ave. on the right-hand side.
Subdivision
400 - Colfax
Standard status
Active
APN
1135186268071
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
Subd: O T RATON Lot: 1 Block: 7 UPC 1135186268071 LAND 1 Subd: O T RATON Block: 7 UPC 1135186268071 LAND 2S 24 FT 8 IN OF LOT 2
Tax Annual Amount
5411
Legal Description
Subd: O T RATON Lot: 1 Block: 7 UPC 1135186268071 LAND 1 Subd: O T RATON Block: 7 UPC 1135186268071 LAND 2S 24 FT 8 IN OF LOT 2
Building Details
Floors in Building
3
Building materials
Brick
Listing Agency:
Keller Williams Realty
(505) 897-1100
Listed By:
Anne M Vallejos · License #41997
(505) 331-8306
Added: Aug 26
Changed: Aug 28
Last Checked: Aug 29 at 3:06PM
MLS# 1110020
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.
Built around 1910, this brick mixed-use property occupies 0.16 acres at the corner of Cook Avenue and South 2nd Street. The building contains approximately 15,317 SF across three floors, including a basement, along with an additional 5,106 SF unfinished basement. Its exterior includes broad storefront glazing, masonry accents, a columned corner entry, and decorative cornice work.
The main floor combines open retail or showroom areas with oversized street-facing windows and stained-glass or transom details. Upper floors include private office suites, larger flexible rooms, historic wood doors, transoms, millwork, select hardwood flooring, skylights, and an elevator. The property is zoned C-1 Central Business District, and a redevelopment study identifies commercial and mixed-use concepts including retail, food and beverage, offices, studios, event or training space, and upper-floor residential use.
The property is near banks, the library, the train depot, restaurants, and other downtown amenities. On-street parking is available.
The main floor combines open retail or showroom areas with oversized street-facing windows and stained-glass or transom details. Upper floors include private office suites, larger flexible rooms, historic wood doors, transoms, millwork, select hardwood flooring, skylights, and an elevator. The property is zoned C-1 Central Business District, and a redevelopment study identifies commercial and mixed-use concepts including retail, food and beverage, offices, studios, event or training space, and upper-floor residential use.
The property is near banks, the library, the train depot, restaurants, and other downtown amenities. On-street parking is available.
Key Highlights
- Approximately 15,317 SF across three floors, including a basement
- Additional 5,106 SF unfinished basement
- 0.16‑acre corner property at Cook Avenue and South 2nd Street
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
Explore this area
Business Placement
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 Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-level brick building with storefront windows, offices, suites, and an elevator.
Where is this mixed-use property located?
The property is located at 140-144 S 2nd Street 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 SF across three floors, including a basement; Additional 5,106 SF unfinished basement; 0.16‑acre corner property at Cook Avenue and South 2nd Street
