244 South 1st Street
$750,000
244 South 1st Street
- Lease Type: Other
- Zoned: Highway Corrido
- MLS # 115135
Call: 575-758-9500
244 South 1st Street
Gate City's Santa Fe Cafe apartment complex is the commercial sentinel of Raton's Historic 1st Street Art District. A unique development opportunity in Raton, New Mexico... think Gunsmoke, think riding in on horse back or riding in on a the train... The Historic Gate City, Santa Fe Cafe building is now available. This property spans 7,500 square feet, situated directly across the street from the Am-Track RR Station and comes with a complete front of the house dinning room, service bar, POS and license. Back of house/kitchen comes with multiple stove's, ovens, walk-in refrigeration and dish machine. The second floor has three fully finished apartments for added rental income. Raton’s world-famous historic art district, perfectly situated downtown, directly across from the Amtrak station, the location offers significant potential. Turn of the century brick construction, 14" high ceilings, wood floors through out, all set in beautiful alpine surroundings and scenic views make downtown Raton a true destination, at an extremely competitive price per square foot. A Key features of the property includeThe Stake Out Restaurant: upscale, well-equipped restaurant and bar with a strong reputation and steady business through 2023. With a 150+ seating occupancy, patio dinning, with a fully equipped, state of the art kitchen, service bar, POS system, fireplace and game room, 2 ADA compliant restrooms and ready for a new lessee. Second floor apartment lodging space is converted into apartments with attractive long-term monthly leases. The back yard and parking provide further development opportunity. 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.: 7500
- Construction Materials: Masonry, Metal Siding
- Roof: Flat
- Year Built: 1908
- Heating: Baseboard, Combination, Electric
- Cooling: Ceiling Fans, Evaporative Cooling
- Current Use: Retail
- Sewer: Connected
- Water Source: Public
Lot and Land Information
- Road Frontage Type: City Street
- Vegetation: Other
Amenities and Features
- Exterior Features: Landscaping, Security Lighting
- Parking Features: Parking Spaces
Lease Information
- Existing Lease Type: Other
Agent: Keith Dowell, Engel & Voelkers Taos