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About This Home
This 0-bedroom, 0-bathroom commercial at 120 N 1st Street in Raton, NM is listed for $1,750,000. Built in 1900, on a N/A lot.
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.
Key Features
- Built in 1900
Property Details
Monthly Cost Estimate
$9,359/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
120 N 1st Street
Raton, NM 87740
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 120 N 1st Street is listed at $1,750,000. The estimated monthly payment is $7,583 based on 20% down at 6.5% interest.
Key features include: Built in 1900.
This property is listed by Wayne Massi and can be reached at 5757760600 or wayne.massi@evusa.com.


