140-144 S 2nd Street
Raton, NM, 87740 $ 499,000
Bedrooms-- Baths-- Sq 15,317 for $499,000. This 15,317 square foot property was built on a lot size of 0.16.
Stunning historic commercial property in the heart of downtown Raton, offering approximately 15,317 SF across three floors including a basement, plus 5,106 SF in a second unfinished basement, on 0.16 acres! This substantial property offers an exceptional opportunity for redevelopment and adaptive reuse in a highly visible downtown location. A redevelopment study prepared specifically for the property identifies potential concepts including retail, food and beverage, outdoor recreation services, specialty retail and maker space, offices, studios, flexible event or training space, and upper-floor residential use. Zoned C-1 Central Business District, the property offers broad commercial and mixed-use potential. The redevelopment study notes potential uses within the district including retail, service businesses, offices, restaurants, lodging, cultural or community-oriented uses, and upper-floor residential. Originally constructed around 1910 and prominently positioned at the corner of Cook Avenue and South 2nd Street, the building features extensive storefront frontage, large street-facing windows, beautiful yellow-and-red masonry accents, a distinctive columned corner entrance, and decorative cornice detailing.Inside, the property offers an impressive mix of large open commercial spaces and numerous individual rooms and office suites. The main level includes expansive retail/showroom areas with oversized storefront windows and decorative stained-glass/transom accents. The upper level features numerous private office suites and larger flexible-use rooms, with historic paneled wood doors, interior transoms, substantial wood trim and millwork, hardwood flooring in select areas, multiple skylights that bring natural light into the interior, and an elevator serving the building. The varied layout creates opportunities for multiple businesses, professional offices, studios, retail, or other adaptive reuse.Conveniently located near banks, the library, train depot, restaurants, and other downtown amenities. A rare opportunity to own a substantial piece of Raton's historic downtown with tremendous potential for redevelopment, continued commercial use, or investment.
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FeaturesGeneralHeating Other
Cooling Other
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Construction Materials Brick
Tenant Pays None
Property Subtype Mixed Use
County Colfax
Property Type Commercial Sale
Attached Garage false
Building Features Elevator(s)
Status Active
Directions Southbound from I-25 exit onto 2nd Street. The building is located on the Corner of 2nd and Cook Ave. on the right-hand side.
City Raton
Disclosures RANM 2100 Disclosure
Zoning Description C-1
MLS Area 400 - Colfax
Lot Size Square Feet 6970
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 5411.28
Ok to Lease 12 Months
Leasable Area 50
Lease Considered Y/N false
Lease Type Other See Remarks
Standard Status Active
Property Sub Type Additional Mixed Use
Legal Description Subd: O T RATON Lot: 1 Block: 7 UPC 1135186268071 LAND 1 Subd: O T RATON Block: 7 UPC 1135186268071 LAND 2S 24 FT 8 IN OF LOT 2
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ExteriorParking Features On Street
Total Parking 0
Building Area Total 15317
Lot Size Acres 0.16
Lot Size Source Public Records
Road Frontage Type City Street
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* Excluded FeaturesList ByAnne M VallejosListing Agent
Keller Williams RealtyBroker
annevallejos.realtor@gmail.comEmail
NearbyAbout Raton, NM 5,985 Population
-17% Since 2002
$ 30,454 Median Income
42.95 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/28/2026 | $499,000 | | Listed Price |