Residential Income

Raton, NM Residential Income Properties for Sale

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

120 North 1st Street, Raton, NM 87740

$1,750,000
15,000 SF Gamble Building with mixed commercial and residential space
Across from the Amtrak/rail station at the hub of Raton’s 1st Street Historic Art District
Includes a 2,000 SF restaurant and service bar (El Comedor) with fully equipped kitchen and POS system
Restaurant setup supports 150+ indoor/outdoor seating plus ADA‑compliant restroom, game room, and office area
Ground floor offers additional 8,000 SF of retail and office space
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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
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Restaurant and Triplex Building
Restaurant and Triplex Building

244 S 1st Street, Raton, NM 87740

$750,000

Brick restaurant with a front dining room, pizza oven and POS, plus three furnished apartments on the second floor.

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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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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 4 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.

Six-Unit Apartment Building
Six-Unit Apartment Building

722 W Jefferson St, Trinidad, CO 81082

$900,000
4,508 sqft 0.60 AC lot

Six-unit apartment building with central air, electric heat, porch and patio, and RV parking in Trinidad.

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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.

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Six-Unit Rental Property with Pergola
Six-Unit Rental Property with Pergola

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

$900,000
4,508 sqft

Property includes two month-to-month long-term units and four short-term rental units, plus an outdoor pergola area.

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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.

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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.

Elevated Build Site Parcel
Elevated Build Site Parcel

33250 Fox Trail, Trinidad, CO 81082

$185,000
35.14 AC lot

Zoned AG, this 35-acre parcel offers a circular driveway and utilities at the property edge for full-time or recreational use.

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Mountain Land with Improvements
Mountain Land with Improvements

33191 Elk Park Rd, Trinidad, CO 81082

$250,000
1,280 sqft 35.10 AC lot

35.10-acre property with utilities near Trinidad, Colorado.

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Mountain Ranch Land with Utilities and Septic
Mountain Ranch Land with Utilities and Septic

33191 Elk Park Rd, Trinidad, CO 81082

$250,000
35.10 AC lot

35-acre AG-zoned ranch land with a circular driveway, 1,280 SF structure, and on-site septic and cistern systems.

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Trinidad Land with Excellent Views
Trinidad Land with Excellent Views

W Washington Ave., Trinidad, CO 81082

$38,000
2.44 AC lot

2.438 acres with city utilities and excellent views.

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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

Value Estimation by Request
720 sqft
View details
945 5th St
MOBILE HOME PARK, TRAILER PARK

945 5th St, Raton, NM 87740-3462

Value Estimation by Request
720 sqft
View details
809 10th St
MOBILE HOME PARK, TRAILER PARK

809 10th St, Raton, NM 87740-2406

Value Estimation by Request
828 sqft
View details
Raton, NM 87740
MOBILE HOME PARK, TRAILER PARK

Raton, NM 87740

Value Estimation by Request
720 sqft
View details
Stevens St
MOBILE HOME PARK, TRAILER PARK

Stevens St, Raton, NM 87740

Value Estimation by Request
320 sqft 1.00 AC lot
View details

Raton, NM Residential Income Properties Market Trends and Statistics

Explore 11 residential income properties for sale in Raton, NM, showcased through 4 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 $3,250,000.

Sale prices for residential income properties in Raton, NM start at $750,000, averaging $1,083,333, and reaching up to $1,750,000 — 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

Multifamily properties 3
Triplexes 2
Duplexes 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 $1.1M

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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