Active

1301 Main Street

Red River NM, 87558

$1,500,000


$214.29 per sqft

Active

4 Beds

4 Baths

7,000 sqft

Multi-family

Built in 1950

Courtesy of Coldwell Banker Legacy

This is an amazing investment opportunity! Check out this 14-room working lodge in the historic town of Red River on Main Street. In addition to the 14-rooms that can be rented out nightly, the property also has a 1500 sq ft owner suite to enjoy year-round. For growth purposes, the owner's suite could possibly be turned into more units. The property has 4 queen single rooms, 8 kitchenette rooms and 1 2-bedroom apartment across two floors that could be rented out nightly, weekly, or monthly depending on your future clients' needs. All FF&E, land and property conveys with sale. Large attached warehouse space is unused and also could be converted. Owner financing is available. If you've ever wanted to own and operate a lodge in a beautiful ski town here is your opportunity!

1072539

MLS ID

October 16, 2024

Listed

November 22, 2024

Updated

Map

1301 Main Street
Red River NM, 87558

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

4


Appliances

Microwave, Refrigerator


Floor Description

Carpet, Laminate, Wood


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.19 Acres

Other Property Details

Area Name

630 - Taos


Taxes

$3,459


Tax Frequency

Annually


Days on Market

2


Garage

No


View

No


County

Taos


Pool

No

Green Building Features

Green Features

None

The information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor R1 Realty One of New Mexico shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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