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    Chama, NM
    Live - Work Space

    Chama, NM Live-work Space for Sale

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    Tierra Amarilla, NM Pagosa Springs, CO Los Ojos, NM Chromo, CO Rutheron, NM Lumberton, NM Antonito, CO
    Historic Old Town Retail Opportunity
    Updated: Aug 20, 2025
    Historic Old Town Retail Opportunity

    503 Terrace Avenue, Chama, NM 87520

    $519,500
    4,430 sqft 0.14 AC lot
    Prime location directly across from the Cumbres & Toltec Scenic Railroad station in historic Old Town Chama.
    Versatile 4,430 sq ft building suitable for retail, dining, or mixed‑use ventures.
    Includes a 2‑bedroom, 1‑bath upstairs apartment, offering a live/work opportunity.
    Recent improvements include a new roof, new windows, electrical upgrades, fresh paint, and new stucco.
    Currently configured with established businesses (fudge shop, coffee shop, retail space).
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    Live-Work Storefront with Courtyard
    Updated: May 6
    Live-Work Storefront with Courtyard

    567 Terrace Avenue, Chama, NM 87520

    $569,000
    2,336 sqft
    Live‑work layout with downstairs storefront and an upstairs residence with a separate entrance for private access
    Currently operated as a boutique and short‑term vacation rental with proven income; continuation requires Village of Chama approval
    Upstairs renovated within the past 5 years: 2 bedrooms, 3/4 bath and 1/2 bath, custom kitchen, and living/dining area
    Upstairs living area overlooks downtown Chama
    Downstairs includes the storefront area plus a bathroom/dressing room
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Chama, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Quadplex Opportunity
    Mixed-Use Quadplex Opportunity

    750 GRAND AVE, Del Norte, CO 81154

    $380,000
    3,151 sqft

    Four separate units offer flexible living or office configurations, with three currently used as long-term rentals.

    View details
    Live-Work Building with Studio Apartments
    Live-Work Building with Studio Apartments

    634 Grande Avenue, Del Norte, CO 81132

    $345,000
    6,000 sqft 0.15 AC lot

    Two commercial spaces plus two rear-access studio apartments offer flexible live-work or rental income setup.

    View details
    Greenhouse/Office/Residential Space for Sale
    Greenhouse/Office/Residential Space for Sale

    115 Rio Vista Ave, Antonito, CO 81120

    $275,000

    Turn-key greenhouse/office/residential space with modern features, ready for business.

    View details
    Turn-Key Greenhouse and Office
    Turn-Key Greenhouse and Office

    115 Rio Vista Avenue, Antonito, CO 81120

    $375,000

    Built in 2016 with retractable roof, climate controls, and a wet wall, plus an office and optional studio apartment space.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Multi-Use Land Parcel with Highway Access
    Multi-Use Land Parcel with Highway Access

    832 Rosita Street, Pagosa Springs, CO 81147

    $154,000
    0.17 AC lot

    Downtown Pagosa Springs corridor land parcel with Hwy 160 and Rosita Street access for flexible commercial or live/work uses.

    View details
    Commercial Land Parcel with Highway Visibility
    Commercial Land Parcel with Highway Visibility

    Cornerstone Drive, Pagosa Springs, CO 81147

    $299,000
    1.04 AC lot

    Excavated commercial parcel with utilities available and visibility from Highway 160 near major retail and service users.

    View details
    Land with Mountain Views
    Land with Mountain Views

    Adams Road, Ranchos De Taos, NM 87557

    $86,050
    2.55 AC lot

    2.55 acre lot near Taos with mountain views.

    View details
    Mixed-Use Development Land Parcel
    Mixed-Use Development Land Parcel

    Tract B Dona Ana, Ranchos De Taos, NM 87557

    $199,000
    3.01 AC lot

    About 3-acre parcel in Ranchos de Taos with flat terrain and zoning for commercial or residential use.

    View details

    Chama, NM Live-Work Space Market Trends and Statistics

    Explore 2 live-work space for sale in Chama, NM on our real estate platform. These investment opportunities span a total of 6,766 square feet of properties for sale, with an estimated market value of $1,088,500.

    Sale prices for live-work properties in Chama, NM start at $519,500, averaging $544,250, and reaching up to $569,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1,088
    Population Growth (5Y) -12.1%
    Median Household Income $59,583
    College Educated 49.5%

    High-Yield Neighborhoods for Investment

    Identify Chama submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    87520 $519.5K

    Taxes & Financing

    Tax Rate (average for all types) 3.23%
    Property Tax per SF $55.73 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Rio Arriba County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Rio Arriba County

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