201 2Nd StRaton, NM 87740

  • Other commercial real estate
  • 11,112 SF
For Sale
$650,000 View listing

Property Details for 201 2Nd St

Year built
1930
Lot size
0.56 AC
Property size (Sq ft)
11,112 SF
Property type
Other commercial real estate
APN
1-135-186-323-142
APU
1135186323142

Description

This exceptional Raton, NM commercial property, located at 201 N 2nd Street, presents a unique investment opportunity. Priced at $650,000, this 24,500 square foot lot boasts a well-maintained building constructed in 1974. The property includes over 11,000 square feet of shop space, perfect for a variety of uses, including retail or automotive repair. An existing office area and ample storage/parts storage are also included. The building benefits from high visibility on North 2nd Street, a key location in Raton. Recent updates include new windows and a partial electrical upgrade, along with a roof replacement in recent years. A large, fenced yard provides secure outdoor storage. Six additional storage units are situated on the property, along with a smaller building suitable for conversion into a modern office space. The sale includes a significant amount of equipment, such as lifts, an air compressor, a 40-ton press, and a forklift. This established business, operating successfully since 1968, offers immediate income potential and significant upside for a savvy investor. The property's size, amenities, and prime location in Colfax County, New Mexico (zip code 87740), make it an attractive proposition for entrepreneurs and investors alike.

201 2Nd St, Raton, New Mexico

Location Insight

City
Raton
County
Colfax
State
New Mexico
Latitude
36.9035
Longitude
-104.439

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,426
$16,333
$37,678
$54,011
-
$49,000
$113,033
$162,033

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