Historic Mixed-Use Commercial
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140 South 2nd Street, Raton, NM 87740
Three-level commercial building with storefront windows, offices, an elevator, and C1 Central Business District zoning.
Property Size20,423 SF
Lot Size0.16 Acres
Price / SF$24.43
Days on Market7
Property Features for 140 South 2nd Street
General Information
Standard status
Active
Size
20,423 SF
Class
B
Elevators
Yes
Lot size
0.16 Acres
Property subtype
Retail, Office, Mixed Use
Zoning
C1
Occupancy
50%
Lease Type
Gross
Investment Type
Redevelopment
Additional Details
Corner Location
Yes
Amenities
storefront windows
stained-glass/transom accents
historic paneled wood doors
interior transoms
wood trim and millwork
hardwood flooring
skylights
Building Details
Year Built
1910
Buildings
1
Stories
3
Tenancy
Multi
Building Size
20,423 SF
Listing Agency:
KW Commercial Albuquerque Westside
Listed By:
Anne Vallejos · License #41997
(505) 331-8306
Source:
Crexi
Added: Aug 29
Changed: Sep 3
Last Checked: Sep 3 at 1:55AM
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 KW Commercial Albuquerque Westside
Investment Insights
Based on property information with market context.
Built in 1910, this substantial mixed-use commercial building contains approximately 15,317 SF across three floors, including a basement, plus 5,106 SF in a second unfinished basement. The interior combines broad open areas, storefront and showroom space, private offices, individual rooms, flexible-use rooms, an elevator, skylights, stained-glass and transom accents, wood doors and millwork, and selected hardwood flooring.
Positioned at the corner of Cook Avenue and South 2nd Street in downtown Raton, the property has extensive storefront frontage, large street-facing windows, masonry detailing, a columned corner entry, and a decorative cornice. It is zoned C1 Central Business District and sits on 0.16 acres. A property-specific redevelopment study identifies concepts including retail, food and beverage, offices, studios, maker space, event or training space, and upper-floor residential use. Banks, the library, train depot, restaurants, and other downtown amenities are nearby.
Positioned at the corner of Cook Avenue and South 2nd Street in downtown Raton, the property has extensive storefront frontage, large street-facing windows, masonry detailing, a columned corner entry, and a decorative cornice. It is zoned C1 Central Business District and sits on 0.16 acres. A property-specific redevelopment study identifies concepts including retail, food and beverage, offices, studios, maker space, event or training space, and upper-floor residential use. Banks, the library, train depot, restaurants, and other downtown amenities are nearby.
Key Highlights
- Approximately 15,317 SF across three floors, including a basement, plus 5,106 SF in a second unfinished basement
- 20,423 SF property on 0.16 acres
- C1 Central Business District zoning
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 commercial building with storefront windows, offices, an elevator, and C1 Central Business District zoning.
Where is this mixed-use property located?
The property is located at 140 South 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, plus 5,106 SF in a second unfinished basement; 20,423 SF property on 0.16 acres; C1 Central Business District zoning
