Restaurant and Triplex
244 South 1st Street Raton, NM 87740
New
244 South 1st Street, Raton, NM, 87740
$750,000
For Sale
$750,000
Commercial Sale, Other - Raton, NM
Property Size7,500 SF
Price / SF$100
Days on Market6
Property Features for 244 South 1st Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- Highway Corrido
- Standard status
- Active
Utilities
- Heating system
- Baseboard, Electric (Heating)
- Cooling system
- Ceiling Fan(s), Evaporative Cooling
Building Details
- Year built
- 1908
- Roof type
- Flat
- Architectural style
- Other
Listing agency
Engel & Völkers Taos
(575) 776-0600
Listed by
Keith Dowell
(575) 741-1155
Added: Jul 17 Updated: Jul 18 at 3:02AM Checked: Jul 22 at 6:06AM
MLS# 115135
Copyright © 2026 Engel & Völkers. 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.
A turn-of-the-century brick restaurant building with wood floors throughout and 14’ high pressed tin ceilings, currently configured with a front-of-house dining room and service bar. The property includes a pizza oven and POS, along with a back-of-house kitchen featuring multiple newer appliances and commercial-grade equipment, including a walk-in cooler, commercial dishwasher, and refrigerated worktable. Outdoor space includes a fenced front patio and a large back yard.
The second floor has three fully furnished apartments designed for rental income with long-term monthly leases. The building is situated across the street from the railroad in downtown Raton. Public remarks also note an estimated 150+ seating capacity, 2 ADA compliant bathrooms, and features such as a pellet stove and fireplace.
Overall, the offering combines restaurant operations with income-producing residential units within a single property under Highway Corrido zoning.
The second floor has three fully furnished apartments designed for rental income with long-term monthly leases. The building is situated across the street from the railroad in downtown Raton. Public remarks also note an estimated 150+ seating capacity, 2 ADA compliant bathrooms, and features such as a pellet stove and fireplace.
Overall, the offering combines restaurant operations with income-producing residential units within a single property under Highway Corrido zoning.
Key Highlights
- 7,500 SF turn‑of‑the‑century brick restaurant and triplex with three furnished apartments on the second floor
- Restaurant includes a front‑of‑house dining room, service bar, pizza oven, and POS system
- Commercial kitchen equipment includes a new stove/oven, new 48" griddle, freezer, reach‑in, refrigerated worktable, and large walk‑in
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Full-service restaurant with a second-floor setup of three furnished apartments and extensive kitchen equipment.
Where is this conventional restaurant located?
The property is located at 244 South 1st Street Raton, NM.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 7,500 SF turn‑of‑the‑century brick restaurant and triplex with three furnished apartments on the second floor; Restaurant includes a front‑of‑house dining room, service bar, pizza oven, and POS system; Commercial kitchen equipment includes a new stove/oven, new 48" griddle, freezer, reach‑in, refrigerated worktable, and large walk‑in
