For Sale
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Property summary
Once part of the historic La Loma Hotel, this 0.82-acre commercial property offers three distinct buildings and a spacious walled courtyard ideal for events, outdoor dining, or private gatherings. Two of the buildings have new roofs, and the 1,888 sf two-story caretaker’s quarters - formerly the motel office and owner's residence - includes 2 bedrooms, 2 baths, mini-split HVAC, a stone fireplace, recent improvements, and many artistic finishes—perfect for live/work. A 2,167 sf former restaurant building with partial electric offers potential for restoration, while a third, 770 sf space, once used as motel rooms, needs utilities and lots of work but offers endless creative potential. With +10 parking spaces, C-3 zoning, and a prime location just off I-25—only an hour from Santa Fe —this unique property needs restoration but is brimming with opportunity - Entrepreneurs, Creative Investors, Contractors, take a look! Being sold in as-is condition.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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