Chama, NM Retail Properties & Spaces for Sale

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Tierra Amarilla, NM Pagosa Springs, CO Los Ojos, NM Chromo, CO Rutheron, NM Lumberton, NM Antonito, CO

Updated: Aug 20, 2025

Historic Corner Retail and Apartment

503 Terrace Avenue, Chama, NM 87520

$519,500

4,430 sqft 0.14 AC lot

Prime location directly across from the Cumbres & Toltec Scenic Railroad station in historic Old Town Chama.
Versatile 4,430 sq ft building suitable for retail, dining, or mixed‑use ventures.
Includes a 2‑bedroom, 1‑bath upstairs apartment, offering a live/work opportunity.
Recent improvements include a new roof, new windows, electrical upgrades, fresh paint, and new stucco.
Currently configured with established businesses (fudge shop, coffee shop, retail space).

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Updated: Dec 16, 2025

Chama Restaurant and Saloon

2281 State Rd 17, Chama, NM 87520

$300,000

3,660 sqft 0.69 AC lot

Historical building on the main street of Chama, NM.
Potential for complete remodel and redevelopment.
Includes an upstairs apartment or office space.
Ground‑floor bar area and package liquor store space.
Restaurant equipment included in the sale.

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Restaurant and Retail Storefront

669 Terrace Avenue, Chama, NM 87520

$725,000

Two connected storefront spaces operate as a restaurant and retail store, with private back parking.

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Live-Work Storefront with Courtyard

567 Terrace Avenue, Chama, NM 87520

Contact for pricing

2,336 sqft

Live-work property with a downstairs storefront and an independently accessed upstairs residence recently renovated within five years.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Chama, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

Turn-Key Restaurant with Retail Space

401, 407 & X E Pagosa Street, Pagosa Springs, CO 81147

$1,795,000

8,244 sqft 2.95 AC lot

Mixed-use property with a full commercial kitchen, dining room, and retail/gift shop in an established restaurant location.

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Ojo Caliente Rehab Opportunity

35213 US Hwy 285, Ojo Caliente, NM 87505

$150,000

1,400 sqft 0.50 AC lot

Rehab opportunity: gas station and convenience store in Ojo Caliente.

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Ojo Caliente Rehab Opportunity

35213 US Hwy 285, Ojo Caliente, NM 87505

Contact for pricing

1,400 sqft

Rehab opportunity: gas station and convenience store in Ojo Caliente.

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Corner Commercial Land Lot

54 County Road 302, Pagosa Springs, CO 81147

$400,000

1.88 AC lot

Corner lot at Highway 84 and Mill Creek Road with utilities available and access via Mill Creek.

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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.

Commercial Land on Highway 84

South HWY 84, Chama, NM 87520

$200,000

127,630 sqft 2.93 AC lot

2.93 acres with highway frontage in Chama, New Mexico.

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Land with Great Views

Block 13 Lot 19 Tzama Division, Tierra Amarilla, NM 87575

Contact for pricing

0.50 AC lot

Half-acre land in Tierra Amarilla, New Mexico, with views.

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Tierra Amarilla Land For Sale

Block 36 Lot 26 Tzama Division, Tierra Amarilla, NM 87575

Contact for pricing

1.03 AC lot

A little over an acre near Tierra Amarilla, New Mexico.

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Land in Tierra Amarilla, NM

Block 30 Lot 19 Tzama Division, Tierra Amarilla, NM 87575

Contact for pricing

0.59 AC lot

0.59 acre lot suitable for recreation near Tierra Amarilla.

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Off-Market Properties in Chama, NM

Consider similar Off-Market properties in Chama, 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.

APPLIANCE STORE

Chama, NM 87520

Value Estimation by Request

0.46 AC lot

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APPLIANCE STORE

1201 State Hwy 17, Chama, NM 87520-0526

Value Estimation by Request

610 sqft 0.24 AC lot

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APPLIANCE STORE

Chama, NM 87520

Value Estimation by Request

1,976 sqft 0.30 AC lot

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APPLIANCE STORE

Chama, NM 87520

Value Estimation by Request

0.69 AC lot

View details

APPLIANCE STORE

Chama, NM 87520

Value Estimation by Request

0.44 AC lot

View details

APPLIANCE STORE

501 Ter Ave, Chama, NM 87520-0655

Value Estimation by Request

0.12 AC lot

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APPLIANCE STORE

614 Ter Ave, Chama, NM 87520-5001

Value Estimation by Request

2,635 sqft 0.20 AC lot

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APPLIANCE STORE

Chama, NM 87520

Value Estimation by Request

0.50 AC lot

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APPLIANCE STORE

Chama, NM 87520

Value Estimation by Request

136 sqft 0.24 AC lot

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APPLIANCE STORE

1809 Gallegos Plz, Chama, NM 87520

Value Estimation by Request

2,004 sqft 0.25 AC lot

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APPLIANCE STORE

Chama, NM 87520

Value Estimation by Request

1.17 AC lot

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APPLIANCE STORE

1512th State Hwy 17, Chama, NM 87520-0529

$1,840,000

Estimated value

10,780 sqft 1.46 AC lot

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APPLIANCE STORE

798 Ter Ave, Chama, NM 87520-0656

Value Estimation by Request

0.16 AC lot

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APPLIANCE STORE

2381 Frontage Rd, Chama, NM 87520-0195

Value Estimation by Request

884 sqft 0.21 AC lot

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APPLIANCE STORE

Chama, NM 87520

Value Estimation by Request

0.15 AC lot

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APPLIANCE STORE

Chama, NM 87520

Value Estimation by Request

1,990 sqft 0.27 AC lot

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APPLIANCE STORE

Chama, NM 87520

Value Estimation by Request

3,200 sqft 0.31 AC lot

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APPLIANCE STORE

Chama, NM 87520

Value Estimation by Request

0.64 AC lot

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APPLIANCE STORE

Chama, NM 87520

Value Estimation by Request

0.12 AC lot

View details

APPLIANCE STORE

Chama, NM 87520

Value Estimation by Request

1,323 sqft 0.10 AC lot

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Chama, NM Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Chama, NM, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 10,426 square feet of properties for sale, with an estimated market value of $1,544,500.

Sale prices for stores in Chama, NM start at $300,000, averaging $514,833, and reaching up to $725,000 — 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

Demographics Overview

Population 1,088

Population Growth (5Y) -12.1%

Median Household Income $59,583

College Educated 49.5%

High-Yield Neighborhoods for Investment

Identify Chama submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
87520	$409.8K

Taxes & Financing

Tax Rate (average for all types) 3.23%

Property Tax per SF $55.73 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Rio Arriba County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Rio Arriba County

Retail

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Chama, NM Retail Properties & Spaces for Sale

503 Terrace Avenue, Chama, NM 87520

2281 State Rd 17, Chama, NM 87520

669 Terrace Avenue, Chama, NM 87520

567 Terrace Avenue, Chama, NM 87520

Opportunities in Nearby Cities

401, 407 & X E Pagosa Street, Pagosa Springs, CO 81147

35213 US Hwy 285, Ojo Caliente, NM 87505

35213 US Hwy 285, Ojo Caliente, NM 87505

54 County Road 302, Pagosa Springs, CO 81147

Potential Development Sites for Consideration

South HWY 84, Chama, NM 87520

Block 13 Lot 19 Tzama Division, Tierra Amarilla, NM 87575

Block 36 Lot 26 Tzama Division, Tierra Amarilla, NM 87575

Block 30 Lot 19 Tzama Division, Tierra Amarilla, NM 87575

Off-Market Properties in Chama, NM

Chama, NM 87520

1201 State Hwy 17, Chama, NM 87520-0526

Chama, NM 87520

Chama, NM 87520

Chama, NM 87520

501 Ter Ave, Chama, NM 87520-0655

614 Ter Ave, Chama, NM 87520-5001

Chama, NM 87520

Chama, NM 87520

1809 Gallegos Plz, Chama, NM 87520

Chama, NM 87520

1512th State Hwy 17, Chama, NM 87520-0529

798 Ter Ave, Chama, NM 87520-0656

2381 Frontage Rd, Chama, NM 87520-0195

Chama, NM 87520

Chama, NM 87520

Chama, NM 87520

Chama, NM 87520

Chama, NM 87520

Chama, NM 87520

Chama, NM Retail Properties & Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Retail

Office

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