140-144 S 2nd Street, Raton, NM — Sale in Raton, NM

  • Price: $499K
  • Listing type: For sale
  • Asset type: Business
  • Location: Raton, NM 87740
  • Size: 15,317 SF
  • Year built: 1910

Photos

140-144 S 2nd Street, Raton, NM — Sale in Raton, NM, photo 1 of 8
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140-144 S 2nd Street, Raton, NM — Sale in Raton, NM, photo 8 of 8

Investment Figures

Price per square foot
$33

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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, restaura

Market Context

This commercial property in Raton, NM is listed for sale at $499,000 across 15,317 SF. The building dates to 1910. Compare it against other commercial property listings for sale in Raton, NM — view the full market.

First seen on CREHunt: Sep 23, 2026

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