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    Raton, NM Retail Space for Sale

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    Colfax, NM Trinidad, CO Weston, CO
    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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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Raton, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Trinidad Commercial Investment Opportunity
    $449,000
    3,120 SF

    Trinidad Commercial Investment Opportunity

    Commercial property with redevelopment and income potential in Trinidad, Colorado.

    1505 Santa Fe Trail, Trinidad, CO 81082
    View details
    La Veta Commercial Opportunity
    $235,000
    696 SF

    La Veta Commercial Opportunity

    Charming commercial space in La Veta, Colorado.

    106 E Francisco St, La Veta, CO 81055
    View details
    Versatile Commercial Space in La Veta
    $350,000
    1,952 SF

    Versatile Commercial Space in La Veta

    Unique commercial property in La Veta, ideal for artists.

    105 W Ryus Ave, La Veta, CO 81055
    View details
    Mixed-Use Building on Main Street
    $475,000
    6,104 SF

    Mixed-Use Building on Main Street

    6,104 SF mixed-use building with retail and residential potential.

    466 W Main St, Trinidad, CO 81082
    View details

    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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF

    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033
    View details

    Raton, NM Retail Space Investment Opportunities Market Analysis

    Explore 1 retail space for sale in Raton, NM on our real estate platform. These investment opportunities span a total of 15,000 square feet of properties for sale, with an estimated market value of $3,500,000.

    Sale prices for retail space in Raton, NM start at $3,500,000, averaging $3,500,000, 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

    Storefront properties 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 median listing prices of real estate assets

    Neighborhood Average Price
    87740 $3.5M

    Taxes & Financing

    Tax Rate (average for all types) 2.54%
    Property Tax per SF $44.18 per sq ft
    Average Loan-to-Value 65.0%

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