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Turn-Key Hospitality and Restaurant
For Sale
$850,000

3658 Ice Caves Rd, Ramah, NM 87321

Commercial property with restaurant, owner suite, RV hookups, and outdoor amenities along Highway 53.

Property SizeContact for details
Days on Market163

Property Features for 3658 Ice Caves Rd

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $1,770
Listing Agency: Berkshire Hathaway NM Prop
Listed By: Jacob E Lopez · License #50903
Source: Exprealty
Added: Mar 28 Changed: Aug 25 Last Checked: Sep 5 at 11:21AM

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 Berkshire Hathaway NM Prop

Investment Insights

Based on property information with market context.

This commercially zoned property totals approximately 4,998 SF on about 3.1 acres and is being offered turn-key for hospitality and dining. The main building includes a restaurant and bar area with a small performance stage, along with a conference room featuring shower facilities and front balcony access overlooking the valley. The property also includes a separate owner suite with an updated kitchen, living room, bedroom, and private balcony, supporting on-site living or additional rental use.

Outdoor amenities include three RV sites with water and electricity hookups, BBQ and picnic areas, and horse stables, plus a multi-purpose shop space suited for woodworking, equipment maintenance, or storage. The offering is inclusive of FF&E, including a pizza oven, refrigeration, tables, chairs, bar equipment, and restaurant furnishings.

The property benefits from reliable internet and cell service and full utilities including water, sewer, propane, and electric. Located along Highway 53 / Ice Caves Road with reported 1,082 VPD and a dedicated turn lane, it offers ample on-site parking and is adjacent to Cibola National Forest in Game Management Unit 12.

Key Highlights

  • 4,998 SF commercially zoned hospitality/restaurant property on 3.1 acres along Highway 53/Ice Caves Road.
  • ~1,082 VPD traffic with excellent frontage and a dedicated turn lane, plus ample on‑site parking.
  • Operating as a bed & breakfast retreat with FF&E included, including pizza oven, refrigeration, tables/chairs, bar equipment, and restaurant furnishings.

Property Analytics

Current Use

Bed & breakfasts

Suggested Use

Top Pick Auto Repair Shop Storage Facility Law Firm (Bike/Boat/Book/etc) Store Discount Store Bed & Breakfast

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

42
Businesses Nearby
Well-served
Demand for This Use

Demographics for 87321, NM

1,964
Population
1,038
Households
1.9
Avg Household Size
48
Median Age
31%
College-Educated
88%
High-School Grad
473.4 sq mi
ZIP Area
4
Density / Sq Mi
$60,345
Median Household Income
$44,175
Median Earnings
$1,348
Median Rent
$160,200
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
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Similar Off Market Nearby

  • Vogt Ranch Guest House ramah, nm 87321

Frequently Asked Questions

What type of property is this?
Bed & breakfast - Commercial property with restaurant, owner suite, RV hookups, and outdoor amenities along Highway 53.
Where is this bed & breakfast located?
The property is located at 3658 Ice Caves Rd Ramah, NM.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 4,998 SF commercially zoned hospitality/restaurant property on 3.1 acres along Highway 53/Ice Caves Road.; ~1,082 VPD traffic with excellent frontage and a dedicated turn lane, plus ample on‑site parking.; Operating as a bed & breakfast retreat with FF&E included, including pizza oven, refrigeration, tables/chairs, bar equipment, and restaurant furnishings.
More about this property
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