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Raton, NM

Multifamily

Raton, NM Multifamily Properties for Sale

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Trinidad, CO Boncarbo, CO Weston, CO

Restaurant and Triplex Property

Updated: Jul 17

Restaurant and Triplex Property

244 South 1st Street, Raton, NM 87740

$750,000

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
Additional restaurant features include a commercial dishwasher and approved equipment, plus fireplace and pellet stove
150+ seating capacity with a fenced front patio and large back yard for outdoor dining

Restaurant and Triplex Building

Updated: May 4

Restaurant and Triplex Building

244 S 1st Street, Raton, NM 87740

$750,000

Historic Santa Fe Cafe restaurant and triplex on 7,500 SF, with the front dining room and service bar
150+ seating capacity plus fenced front patio and a large back yard for outdoor dining
Back‑of‑house includes a new stove/oven, 48" griddle, freezer, reach‑in, refrigerated worktable, large walk‑in, and commercial dishwasher (all approved)
Includes pizza oven and POS system
Second floor has three fully furnished apartments with long‑term monthly leases

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 17 Potential Opportunities for your consideration. Besides 2 Active listings in Raton, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads, 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 Building with Retail Frontage

Mixed-Use Building with Retail Frontage

401-407 N Commercial Street, Trinidad, CO 81082

$799,900

8,736 sqft

Renovated historic building with leased retail storefronts and six updated apartments for diversified income.

Multi-Unit Property with Expansion Potential

Multi-Unit Property with Expansion Potential

722 W Jefferson St, Trinidad, CO 81082

$900,000

4,508 sqft 0.60 AC lot

Six-unit property with income, expansion potential, and scenic views.

Historic Mixed-Use Building with Garage

Historic Mixed-Use Building with Garage

508 - 510 Main St, Walsenburg, CO 81089

$325,000

6,370 sqft

Historic mixed-use property includes two downstairs units, a large garage/warehouse, and an unfinished upstairs space.

Mixed-Use Corner Building

Mixed-Use Corner Building

134-138 West 7th Street, Walsenburg, CO 81089

$375,000

8,362 sqft

Corner mixed-use property with multiple commercial spaces and residential units across from Safeway.

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.

Navajo Ranch Resort Land

Navajo Ranch Resort Land

Navajo Ranch Resort lot: 148, Walsenburg, CO 81089

$45,000

2.70 AC lot

2.7 acre lot with utilities and septic permit.

El Prado Land Opportunity

El Prado Land Opportunity

5 Acres off Highway 64 W, El Prado, NM 87529

$275,000

5.00 AC lot

5 acres near airport, suitable for commercial or residential development.

Land with Well in Chimayo

Land with Well in Chimayo

2 Acres off of County Rd 86A, Chimayo, NM 87522

$85,000

2.00 AC lot

Two acres of land with a well in Chimayo.

Residential Land in Williamsburg, CO

Residential Land in Williamsburg, CO

Quincy Street, Williamsburg, CO 81226

Contact for pricing

0.22 AC lot

Level building lot with utilities access in Williamsburg, Colorado.

Off-Market Properties in Raton, NM

Consider similar Off-Market properties in Raton, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1134 Emerson St

Multifamily properties

1134 Emerson St, Raton, NM 87740

Value Estimation by Request

2.28 AC lot

700 Railroad Ave

MOBILE HOME PARK, TRAILER PARK

700 Railroad Ave, Raton, NM 87740-3426

Value Estimation by Request

35 Dillon Crk Rd

MOBILE HOME PARK, TRAILER PARK

35 Dillon Crk Rd, Raton, NM 87740-3546

Value Estimation by Request

720 sqft

MOBILE HOME PARK, TRAILER PARK

945 5th St, Raton, NM 87740-3462

Value Estimation by Request

720 sqft

MOBILE HOME PARK, TRAILER PARK

809 10th St, Raton, NM 87740-2406

Value Estimation by Request

828 sqft

Raton, NM 87740

MOBILE HOME PARK, TRAILER PARK

Raton, NM 87740

Value Estimation by Request

720 sqft

MOBILE HOME PARK, TRAILER PARK

Stevens St, Raton, NM 87740

Value Estimation by Request

320 sqft 1.00 AC lot

Raton, NM Multifamily Properties Market Trends and Statistics

Explore 9 multifamily properties for sale in Raton, NM on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,500,000.

Sale prices for multifamily properties in Raton, NM start at $750,000, averaging $750,000, and reaching up to $750,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 7,055

Population Growth (5Y) -1.5%

Median Household Income $52,856

College Educated 28.5%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
87740	$1.3M

Taxes & Financing

Tax Rate (average for all types) 2.54%

Property Tax per SF $44.18 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Colfax County

New Delisted

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