120 North 1st Street
$1,750,000
120 North 1st Street
- Lease Type: Other
- Zoned: County
- MLS # 115136
Call: 575-758-9500
120 North 1st Street
The Gamble Building, Premier commercial retail and residential space, at the hub of Raton's, 1st Street Historic Art District, located directly across the street from the AmTrack RxR station. A unique development opportunity in Raton, New Mexico... providing an opportunity to revitalize and transform Raton's Historic Art District. This property spans 15,000 square feet within Raton’s world-famous historic art district. Perfectly situated downtown, directly across from the Amtrak station, the location offers significant potential. The beautiful alpine surroundings and scenic views make downtown Raton a true destination, and the price per square foot remains extremely competitive for the area. A well-equipped 2000 sqft restaurant and bar with a strong reputation and steady business facilitates a 150+ indoor/outdoor seating capacity and comes with a fully equipped, state of the art kitchen, service bar, POS system, game room and ADA compliant restrooms, ideally positioned for a new lessee. There is an additional 8000 sqft of retail rental space is available at ground level. The second story offers 10,000 sqft of residential lease potential. 2 finished apartment units, with history of long-term monthly leases. An additional 3000+ Entertainment-Ball room with refinished hard wood floors, towereing ceilings and skylights and 2 finished ADA compliant restrooms/laudry room available for expanded development. This is a one-of-a-kind opportunity to own a significant piece of Raton’s history. Contact us for more information or to schedule a viewing.
Building Details
- Building Area Total Sq. Ft.: 20000
- Year Built: 1900
- Current Use: Retail
Lot and Land Information
- Road Frontage Type: City Street
- Vegetation: Other
Lease Information
- Existing Lease Type: Other
Agent: Wayne Massi, Engel & Voelkers Taos
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of TCAR MLS, Inc. Real estate listings held by brokers other than Taos Properties are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.