Sold
Closed
501 Terrace Avenue
Chama NM, 87520
Price upon request
Sold
Closed
8,000 sqft
Commercial
Built in 1939
BACK ON THE MARKET. A chance to own a thriving business in historic Chama, New Mexico, can become your reality. The centrally located, Boutique Hotel, currently has 18 rooms, an ice cream parlor, and restaurant, offering table dining and in house room service. The possibilities are endless, due to the space available in the building itself. Live, work and expand your business, while enjoying the many guests that come to experience all that Chama has to offer, besides the train, like cross country skiing, snow shoeing, snowmobiling, to include hunting and fishing. Located across the main Chama landmark, besides the beautiful mountain ranges, is the Cumbres Toltec Railroad Depot. From the covered porch or upstairs balcony, watch the happy faces as tourists and locals anticipate their journey and return back to the depot, and listen to the sounds and watch the train begin and return from its journey. Although the original integrity of this historic building has been maintained, many rooms have been recently upgraded, as the building is still evolving. A new roof was recently completed. A vision, good old fashion, work ethics, and a service minded family or individuals, can make this business even more profitable. Owner financing is an option, to a qualified buyer. Now is your chance to make a business dream a reality. (MORE PICTURES TO COME)
202341372
MLSⓇ ID
October 13, 2023
Listed
September 13, 2024
Updated
Map
501 Terrace Avenue
Chama NM, 87520
Interior Features
Floor Description
Carpet, Tile, Wood
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.12 Acres
Roof
Metal, Pitched
Sewer
Public Sewer
Other Property Details
Days on Market
15
Garage
No
Parking
Paved, Parking Available, On Street
View
No
County
Rio Arriba
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/29/2023 | Price change | $475,000 -18% |
11/29/2023 | Sold | — |
11/1/2023 | Pending | — |
Listed by Emery Maez with The Maez Group
Listing Contact: (505) 469-0546
The IDX display contains information sourced from the Santa Fe Association of REALTORS® as of 9/13/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 9/13/2024 at 4:45 PM UTC