Raton, NM Residential income properties for sale

$1,750,000

Mixed-Use Historic Retail and Restaurant

120 North 1st Street, Raton, NM 87740

Downtown building with a fully equipped restaurant/bar and ground-floor retail rental space for multiple income streams.

Gamble Building built in 1900, offering mixed‑use retail and residential space in Raton’s 1st Street Historic Art District.
Located directly across the street from the Amtrak/RxR station in downtown Raton.
Includes a 2,000 SF restaurant and bar with a fully equipped kitchen, service bar, POS system, game room, and ADA‑compliant restrooms.
Restaurant/bar setup supports 150+ indoor/outdoor seating capacity.
Additional space available: 8,000 SF of ground‑level retail rental space and 10,000 SF of second‑story residential lease potential.

Updated: Jun 5

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$750,000

Restaurant and Apartment Building

244 South 1st Street, Raton, NM 87740

Historic brick building with full-service dining, bar, and three upstairs apartments on South 1st Street.

7,500 SF Gate City Santa Fe Cafe building (year built 1908) with brick construction, 14" ceilings, and wood floors throughout
Located directly across the street from the Amtrak RR Station in Raton’s Historic 1st Street Art District
Restaurant/bar space includes front dining room, service bar, POS and license, plus patio dining and a fireplace
Back‑of‑house kitchen offers multiple stoves and ovens, walk‑in refrigeration, and a dish machine
Second floor has three fully finished apartments for added rental income with long‑term monthly leases

Updated: Jun 5

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$1,750,000

Mixed-Use Building with Restaurant & Apartments

Downtown property offering a turn-key restaurant/bar, ground-floor retail space, and residential units above.

120 N 1st Street, Raton, NM 87740

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$750,000

Historic Restaurant and Apartment Building

Turnkey restaurant with bar, kitchen, and POS/license, plus three finished apartments above, directly across from an Amtrak station.

244 S 1st Street, Raton, NM 87740

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$350,000

2.50 Acres

Mobile Home Park Opportunity

21-pad mobile home park with city utilities and access.

1134 Emerson Street, Raton, NM 87740

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Based on your search, we've compiled 20 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, 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.

Multi-Unit Property with Expansion Potential

$900,000

4,508 SF

Multi-Unit Property with Expansion Potential

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

722 W Jefferson St, Trinidad, CO 81082

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$724,900

10,001 SF

Office Spaces with RV Park

Four office spaces plus an operating campground with 25 year-round RV sites and electrical hookups on the same commercial property.

124 N Main, La Veta, CO 81055

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$564,000

1,619 SF

Historic Mixed-Use Property in La Veta

Commercial and residential property in historic La Veta building.

203 S Main St, La Veta, CO 81055

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$799,900

8,736 SF

Mixed-Use Building with Retail Frontage

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

401-407 N Commercial Street, Trinidad, CO 81082

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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.

$195,000

35.14 Acres

Land in Santa Fe Ranch

35-acre parcel with views and utilities near Trinidad, Colorado.

33250 Fox Trail, Trinidad, CO 81082

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$195,000

480 SF

Land with Mountain Views, Cabin

35 acres with cabin, solar, mountain views near Trinidad.

33000 Timber Park Dr, Trinidad, CO 81082

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$269,900

1,280 SF

Mountain Land with Improvements

35.10-acre property with utilities near Trinidad, Colorado.

33191 Elk Park Rd, Trinidad, CO 81082

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$269,900

1,280 SF

Trinidad Land with Mountain Views

35.10-acre property near Trinidad with utilities in place.

33191 Elk Park Rd, Trinidad, CO 81082

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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.

Multifamily properties

Lot: 2.28 Acres

Value Estimation by Request