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    Raton, NM
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    Raton, NM Restaurants for Sale

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    Colfax, NM Trinidad, CO Boncarbo, CO
    8 listings
    Historic Palace Hotel Opportunity
    $3,500,000
    15,000 SF
    Historic Palace Hotel Opportunity

    200 South 1st Street, Raton, NM 87740

    Historic hotel with restaurant and retail in Raton's art district.
    • Historic Palace Hotel featuring the renowned Stake Out Restaurant in Raton's historic art district.
    • Prime downtown location directly across from the Amtrak station.
    • The Stake Out Restaurant: Upscale, well‑equipped restaurant and bar with 240+ seat occupancy and a state‑of‑the‑art kitchen.
    • Opportunity for residential leases in converted hotel units, providing steady income.
    • Potential to reintroduce hotel services or short‑term rentals on the remodel‑ready third floor.
    Updated: May 30
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    Mixed-Use Historic Retail and Restaurant
    $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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    Restaurant and Apartment Building
    $750,000
    Restaurant and Apartment Building

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

    244 South 1st Street, Raton, NM 87740

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    Mixed-Use Building with Restaurant & Apartments
    $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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    Historic Restaurant and Apartment Building
    $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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    Restaurant and Motel Opportunity
    $1,350,000
    Restaurant and Motel Opportunity

    Dual-income hospitality asset with restaurant, motel, and apartment.

    1445 South 2nd Street, Raton, NM 87740

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    Raton, NM Mixed-Use Opportunity
    $925,000
    2.35 Acres
    Raton, NM Mixed-Use Opportunity

    Motel, restaurant, residence, and commercial buildings on 2.35 acres.

    1342 South 2nd Street, Raton, NM 87740

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    Dual-Income Raton Hospitality Asset
    $1,350,000
    12,104 SF
    Dual-Income Raton Hospitality Asset

    Motel and restaurant with owner's apartment in Raton, New Mexico.

    1445 S 2nd St, Raton, NM 87740

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 8 Active listings in Raton, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Turn-Key Restaurant Property
    $299,000
    2,014 SF
    Turn-Key Restaurant Property

    Turn-key restaurant for sale in Trinidad under COM zoning.

    1118 Robinson Ave, Trinidad, CO 81082

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    Brew Pub and Restaurant Property
    $990,000
    5,045 SF
    Brew Pub and Restaurant Property

    Turnkey brew pub and full-service restaurant with bar, kitchen, and indoor/outdoor flow on 2.39 acres.

    516 E Elm St, Trinidad, CO 81082

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    Restaurant and RV Park Land
    $500,000
    2,080 SF
    Restaurant and RV Park Land

    A commercial site with an on-site restaurant, RV parking capacity, and recent infrastructure upgrades near I-25 access.

    22590 County Road 41.6, Aguilar, CO 81020

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    Aguilar Commercial Property with Restaurant
    $500,000
    2,080 SF
    Aguilar Commercial Property with Restaurant

    7.83-acre commercial property with restaurant and RV parking near I-25.

    Aguilar, CO 81020

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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.

    Land Near Taos Ski Valley
    $350,000
    1.01 Acres
    Land Near Taos Ski Valley

    One-acre lot near Taos Ski Valley with commercial zoning.

    Emma Road lot: 9, Taos Ski Valley, NM 87525

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    Taos Commercial Land For Sale
    $375,000
    3.95 Acres
    Taos Commercial Land For Sale

    Four contiguous parcels ready for building in desirable Upper Colonias.

    HWY 150 lot: 1 To 4, Taos, NM 87571

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    Commercial Land in Taos, NM
    $250,000
    0.64 Acres
    Commercial Land in Taos, NM

    Commercial land with high visibility near Taos town center.

    Corner of Salazar and Ranchitos, Taos, NM 87571

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    Taos Land Development Opportunity
    $395,000
    3.13 Acres
    Taos Land Development Opportunity

    Commercial land in Taos, NM, with development potential.

    119 Herdner Road, Taos, NM 87571

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    Raton, NM Restaurants Market Trends and Statistics

    Explore 8 restaurants for sale in Raton, NM, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 67,104 square feet of properties for sale, with an estimated market value of $6,440,000.

    Sale prices for restaurant properties in Raton, NM start at $795,000, averaging $1,610,000, and reaching up to $3,500,000 — 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

    Conventional restaurants 7
    Bars & Pubs 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 $1.5M

    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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