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    Raton, NM
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    Raton, NM Multifamily Properties for Sale

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    Trinidad, CO Boncarbo, CO Weston, CO
    Mixed-Use Restaurant with Triplex
    Updated: Jul 17
    Mixed-Use Restaurant with Triplex

    244 South 1st Street, Raton, NM 87740

    $750,000
    7,500‑square‑foot mixed‑use property with restaurant and three furnished second‑floor apartments
    Restaurant seating for 150+ guests with fenced front patio and large rear yard
    Commercial kitchen includes new stove/oven, new 48‑inch griddle, walk‑in cooler, and dishwasher
    Turn‑of‑the‑century brick construction completed in 1908 with 14‑foot pressed‑tin ceilings
    Located at 244 South 1st Street in Raton's Historic District, across from the railroad
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    Historic Restaurant with Apartments
    Updated: May 4
    Historic Restaurant with Apartments

    244 S 1st Street, Raton, NM 87740

    $750,000
    7,500‑square‑foot restaurant property built in 1908
    Front dining room, service bar, pizza oven, POS system, pool room, and fireplace
    Commercial kitchen with new stove/oven, new 48" griddle, walk‑in, refrigeration, and dishwasher
    Three furnished second‑floor apartments with long‑term monthly leases
    150+ seating capacity with fenced front patio and large back yard
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    Mixed-Use Building with Retail Space
    Mixed-Use Building with Retail Space

    137 Cook Avenue, Raton, NM 87740

    Contact for pricing
    2,600 sqft

    Main floor retail hall with pressed tin ceilings, plus two upstairs 1-bedroom apartments with separate street-side access.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mobile Home Park With 34 Units
    Mobile Home Park With 34 Units

    1249 Brilliant St, Raton, NM 87740

    Contact for pricing
    4.25 AC lot

    Tenant-owned homes, city utilities, and two access points support the park’s existing operations.

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    Two-Unit Duplex with Garage
    Two-Unit Duplex with Garage

    533 & 533 1/2 South 2nd street, Raton, NM 87740

    Contact for pricing
    0.16 AC lot

    Residential-commercial zoning supports flexible living, rental, and business use.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 5 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

    Opportunities in Nearby Cities

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

    6-Unit Short-Term Rental Property
    6-Unit Short-Term Rental Property

    722 W Jefferson St, Trinidad, CO 81082

    $900,000
    4,508 sqft 0.60 AC lot

    Flexible six-unit property combining short-term rentals, month-to-month occupancy, outdoor amenities, and additional lots for future expansion.

    View details
    6-Unit Apartment Building with Pergola
    6-Unit Apartment Building with Pergola

    722 W Jefferson St #1-6, Trinidad, CO 81082

    $900,000

    Flexible mixed-term occupancy includes long-term residences and established short-term accommodations in a scenic Colorado setting.

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    RV Park and Storage Facility
    RV Park and Storage Facility

    155 E Therma, Eagle Nest, NM 87718

    Contact for pricing
    3.70 AC lot

    RV park with 44 full hook-up sites, plus a 14-unit self storage facility and manager’s residence.

    View details
    Mixed-Use Property with Storage
    Mixed-Use Property with Storage

    720 Highway 64, Eagle Nest, NM 87718

    $650,000

    Residential accommodations, garage space, and a rear steel building support multiple commercial and income-producing functions.

    View details

    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
    View details
    700 Railroad Ave
    MOBILE HOME PARK, TRAILER PARK

    700 Railroad Ave, Raton, NM 87740-3426

    Value Estimation by Request
    View details
    35 Dillon Crk Rd
    MOBILE HOME PARK, TRAILER PARK

    35 Dillon Crk Rd, Raton, NM 87740-3546

    $280,000
    Estimated value
    720 sqft
    View details
    945 5th St
    MOBILE HOME PARK, TRAILER PARK

    945 5th St, Raton, NM 87740-3462

    $280,000
    Estimated value
    720 sqft
    View details
    809 10th St
    MOBILE HOME PARK, TRAILER PARK

    809 10th St, Raton, NM 87740-2406

    $280,000
    Estimated value
    828 sqft
    View details
    Raton, NM 87740
    MOBILE HOME PARK, TRAILER PARK

    Raton, NM 87740

    $280,000
    Estimated value
    720 sqft
    View details
    Stevens St
    MOBILE HOME PARK, TRAILER PARK

    Stevens St, Raton, NM 87740

    $280,000
    Estimated value
    320 sqft 1.00 AC lot
    View details

    Raton, NM Multifamily Properties Market Trends and Statistics

    Explore 12 multifamily properties for sale in Raton, NM, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 2,600 square feet of properties for sale, with an estimated market value of $1,500,000.

    Sale prices for multifamily properties in Raton, NM average $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

    Duplexes 2
    Triplexes 2
    Mobile home & RV parks 1

    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 $750K

    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

    Total CRE Inventory on Market (SF)

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