501 S Terrace Avenue, Chama, 87520

Commercial Building - Hospitality For Sale

$575,000

Beds
Baths
8,000Sqft
Built
152DOM
MLS® #: 201902627
Active, 152 Days on Market

12 bedrooms with private baths with potential for 16 rooms, 730 square foot of retail space, outdoor patio and balcony overlooking the train depot. This exceptional business opportunity has one of the best locations in Chama across from the Cumbres and Toltec Scenic Railroad. The hotel has a strong return customer base and marketing strategies in place that draw from many traveler segments. Unique features throughout the hotel include original woodwork and doors, craft tiles and hardwood floors. The retail space has been maximized to draw train enthusiasts and mountain tourists. This sweet Boutique Hotel is one of only 3 in downtown Chama and is close to shopping and restaurants.

Listing Details

Listing Agent: Melissa Clark
Listing Office: United Country N New Mexico RE

Essential Information

MLS® #: 201902627
Price: $575,000
Square Footage: 8,000
Acres: 0.00
Type: Commercial Building
Sub-Type: Hospitality
Status: Active

Community Information

Address: 501 S Terrace Avenue
Area: 41-Chama
City: Chama
County: Rio Arriba
State: New Mexico
Zip Code: 87520

Amenities

Features: High Visibility, Kitchen Area, Living Area, Retail Frontage
Parking: Parking Lot

Exterior

Roof: Pitch
Construction: Other - See Remarks

Additional Information

Date Listed: June 13th, 2019
Days on Market: 152

Financials

$/SqFt: $72

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