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Dual-Income Raton Hospitality Asset
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1445 S 2nd St, Raton, NM 87740

Motel and restaurant with owner's apartment in Raton, New Mexico.

Property Size12,104 SF
Price / SF$82.62
Days on Market194

Property Features for 1445 S 2nd St

General Information

Standard status Active
Size 12,104 SF
Property subtype Hospitality
Occupancy 70%
Investment Type Value Add
Net Operating Income $268,747

Building Details

Year Built 1970
Buildings 3
Listing Agency: KW Commercial
Listed By: Rav Singh, CCIM · License #TX 0560351
Source: Crexi
Added: Feb 4 Changed: Aug 8 Last Checked: Aug 8 at 6:38AM

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

Investment Insights

Based on property information with market context.

The Oasis Restaurant & Motel presents an opportunity to acquire a dual-income hospitality asset in Raton, New Mexico. The property features a 14-room motel, a full-service restaurant, and a private 3-bedroom owner’s apartment. The Oasis has been in operation for over 70 years. The restaurant is known for its authentic New Mexican cuisine and repeat clientele, while the motel serves highway travelers, outdoor enthusiasts, and rail passengers. The property is located near Interstate 25 and Raton Pass, benefiting from transient traffic connecting Colorado and New Mexico. Raton’s position as a gateway market, combined with tourism, rail access, and regional attractions, supports demand for lodging and food & beverage services. The property size is 12104 square feet.

Key Highlights

  • Established dual‑income hospitality asset with motel and full‑service restaurant.
  • Owner willing to finance (with 1st lien position).
  • Strategic location near Interstate 25 and Raton Pass, benefiting from consistent transient traffic.

Property Analytics

Current Use

Motels

Suggested Use

Top Pick Building Supply Parking Lot & Garage Real Estate Agency Big Box & Wholesale Store HVAC Service Garden Center

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

116
Businesses Nearby
11k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 60% Hotels & Casinos 40%
Tractor Supply Co. Home Improvements & Furnishings
6,923 visits/mo 0.2 miles
Holiday Inn Express & Suites Raton, an IHG Hotel Hotels & Casinos
4,563 visits/mo 0.1 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
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Similar Off Market Nearby

  • Oasis Botique Motel 1445 s 2nd st, raton, nm 87740
  • Robin Hood Motel 1354 S 2nd St, Raton, NM 87740
  • Maverick Motel 1510 S 2nd St, Raton, NM 87740

Frequently Asked Questions

What type of property is this?
Motel - Motel and restaurant with owner's apartment in Raton, New Mexico.
Where is this motel located?
The property is located at 1445 S 2nd St Raton, NM.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Established dual‑income hospitality asset with motel and full‑service restaurant.; Owner willing to finance (with 1st lien position).; Strategic location near Interstate 25 and Raton Pass, benefiting from consistent transient traffic.
(210) 849-2175 Call to check price and availability
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