Property Description
We are pleased to present a distinguished investment opportunity in a highly sought-after location. This offering memorandum outlines the details of a unique property that 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. Sitting on a sprawling 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.
Features
: Parkingavailable
$0
: Metal
Address Map
NM
Rio Arriba
Chama
87520
1018 State Rd 17
0
W107° 25' 8.2''
N36° 53' 46.6''
Additional Information
EXIT Realty Home & Ranch
John Gillam
$0
4,450 Sqft
: Floordrains, Publicrestrooms, Kitchenfacilities
: Restaurant
: Frame
5
5
41-chama
US 84 to SR 17 to Address
$0
: Tile, Wood
Cash,Conventional
$0
1-017-184-257-114
$0
: Electricity Available
Other
4
%

Commercial Sale

1018 State Rd 17, Chama, New Mexico 87520

55,321.20 Sqft
Visits : 64 in 21 days
$1,195,000
Listing ID #202401328
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 202401328
Price : $1,195,000
Year Built : 1980
Acres : 1.27 Acre
Lot Area : 55,321.20 Sqft
Status : Active
Property Sub Type : Business
Inquiries
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