# 1018 State Rd 17, Chama, NM 87520 > **TL;DR:** commercial, $795,000 ($179/sqft), built 1980, 4,450 sqft. Est. $4,252/mo. Listed 25 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $795,000 | | Price/sqft | $179 | | Square Feet | 4,450 | | Year Built | 1980 | | Lot Size | 55,321 sqft (1.27 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 25 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $4,020 | | Estimated Insurance | $232 | | **Total** | **$4,252** | ## Property Highlights - Built in 1980 - 1.27 acre lot ## Description ### Agent Description This distinguished investment opportunity is in a highly sought-after location in Chama, NM. This property combines strategic positioning, robust income potential, and compelling market dynamics. It represents not just an investment in real estate, but a stake in the community's growth and prosperity. This remarkable property boasts over 4,450 square feet of versatile space, thoughtfully designed to accommodate a range of commercial uses, including continuing the current leasing income, shifting to a higher use of breakfast, lunch and dinner service, dance hall, reception hall, community events, etc. Sitting on a fully usable 1.27 acres of prime land, it offers expansive outdoor areas for additional development, parking, or landscaping, enhancing the overall value and appeal of the investment. Versatile Space: With over 4,450 INTERIOR AND OVER 1,000 SQ. FT. of outdoor seating and adaptable space, the property is ideal for a variety of commercial endeavors, from retail and office spaces to specialty services, providing a flexible foundation for growth and innovation. The building has had extensive improvements including updated kitchen and trade fixtures, newly remodeled dining hall, bar and seating area, new exterior, and an updated outdoor dining area. Please ask for a list of all upgrades to the property. Expansive Lot: The 1.27-acre lot not only affords ample parking and accessibility but also presents significant opportunities for expansion or redevelopment, allowing investors to maximize their ROI through strategic enhancements or additional constructions. Strong Market Dynamics: The property benefits from its location in a thriving seasonal market, characterized by high demand, limited supply, and favorable tourism trends, promising sustained appreciation and rental income growth. ## Location - **Address:** 1018 State Rd 17, Chama, NM 87520 - **County:** Rio Arriba - **Coordinates:** 36.8962835, -106.5810445 - **Google Maps:** https://www.google.com/maps?q=36.8962835,-106.5810445 ## Listing Agent - **Name:** John Gillam · **License:** ER40024714 - **Brokerage:** EXIT Realty Home & Ranch - **Phone:** (970) 759-0763 - **Broker Phone:** (970) 759-0763 - **Listing URL:** [View original listing](https://listings.listhub.net/pages/SFARNM/202603686/?channel=propsimple) ## Photos ![1018 State Rd 17 - Photo 1](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f4293420325r.jpg) ![1018 State Rd 17 - Photo 2](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f3148723957r.jpg) ![1018 State Rd 17 - Photo 3](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f2702745955r.jpg) ![1018 State Rd 17 - Photo 4](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f3352120917r.jpg) ![1018 State Rd 17 - Photo 5](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f1080371845r.jpg) ![1018 State Rd 17 - Photo 6](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f2761267564r.jpg) ![1018 State Rd 17 - Photo 7](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f2642948076r.jpg) ![1018 State Rd 17 - Photo 8](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f1432630059r.jpg) ![1018 State Rd 17 - Photo 9](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f2850284024r.jpg) ![1018 State Rd 17 - Photo 10](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f200494369r.jpg) ![1018 State Rd 17 - Photo 11](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f2820788764r.jpg) ![1018 State Rd 17 - Photo 12](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f3958053624r.jpg) ![1018 State Rd 17 - Photo 13](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f763918511r.jpg) ![1018 State Rd 17 - Photo 14](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f1086449269r.jpg) ![1018 State Rd 17 - Photo 15](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f3918268426r.jpg) ![1018 State Rd 17 - Photo 16](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f663755150r.jpg) ![1018 State Rd 17 - Photo 17](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f1479669557r.jpg) ![1018 State Rd 17 - Photo 18](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f1479669557r.jpg) ![1018 State Rd 17 - Photo 19](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f743930741r.jpg) ![1018 State Rd 17 - Photo 20](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f2487502414r.jpg) ![1018 State Rd 17 - Photo 21](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f3191430939r.jpg) ![1018 State Rd 17 - Photo 22](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f4016894393r.jpg) ![1018 State Rd 17 - Photo 23](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f2934945995r.jpg) ![1018 State Rd 17 - Photo 24](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f996825292r.jpg) ![1018 State Rd 17 - Photo 25](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f1770747656r.jpg) ![1018 State Rd 17 - Photo 26](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f787404781r.jpg) ![1018 State Rd 17 - Photo 27](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f4159464928r.jpg) ![1018 State Rd 17 - Photo 28](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f3383520856r.jpg) ![1018 State Rd 17 - Photo 29](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f2313644933r.jpg) ![1018 State Rd 17 - Photo 30](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f1388011533r.jpg) ![1018 State Rd 17 - Photo 31](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f1049966553r.jpg) ![1018 State Rd 17 - Photo 32](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f2710315667r.jpg) ![1018 State Rd 17 - Photo 33](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f627805553r.jpg) ![1018 State Rd 17 - Photo 34](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f1686040004r.jpg) ![1018 State Rd 17 - Photo 35](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f4071790213r.jpg) ![1018 State Rd 17 - Photo 36](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f3060608173r.jpg) ![1018 State Rd 17 - Photo 37](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f1998375738r.jpg) ![1018 State Rd 17 - Photo 38](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f1461133771r.jpg) ![1018 State Rd 17 - Photo 39](http://lh.rdcpix.com/5a9445b7d1490e6bc5c95817b15c9c9bl-f2871577355r.jpg) --- **MLS#:** 202603686 | **Updated:** 2026-09-13 **Source:** listhub *Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1018-state-rd-17-chama-nm-87520-02603686) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1018-state-rd-17-chama-nm-87520-02603686#listing", "url": "https://www.propertysimple.ai/listing/1018-state-rd-17-chama-nm-87520-02603686", "name": "1018 State Rd 17, Chama, NM 87520", "description": "This distinguished investment opportunity is in a highly sought-after location in Chama, NM. This property combines strategic positioning, robust income potential, and compelling market dynamics. It represents not just an investment in real estate, but a stake in the community's growth and prosperity. This remarkable property boasts over 4,450 square feet of versatile space, thoughtfully designed to accommodate a range of commercial uses, including continuing the current leasing income, shifting to a higher use of breakfast, lunch and dinner service, dance hall, reception hall, community events, etc. Sitting on a fully usable 1.27 acres of prime land, it offers expansive outdoor areas for additional development, parking, or landscaping, enhancing the overall value and appeal of the investment. Versatile Space: With over 4,450 INTERIOR AND OVER 1,000 SQ. FT. of outdoor seating and adaptable space, the property is ideal for a variety of commercial endeavors, from retail and office spaces to specialty services, providing a flexible foundation for growth and innovation. The building has had extensive improvements including updated kitchen and trade fixtures, newly remodeled dining hall, bar and seating area, new exterior, and an updated outdoor dining area. Please ask for a list of all upgrades to the property. Expansive Lot: The 1.27-acre lot not only affords ample parking and accessibility but also presents significant opportunities for expansion or redevelopment, allowing investors to maximize their ROI through strategic enhancements or additional constructions. 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