430 2Nd StRaton, NM 87740

Property Details for 430 2Nd St

Year built

1974

Lot size

0.20 AC

Property size (Sq ft)

1,638 SF

Property type

Other commercial real estate

APN

1-135-186-297-246

APU

1135186297246

Description

This exceptional 1,638 square foot creative office building presents a fantastic investment opportunity in the heart of Raton, New Mexico. Located on a highly visible corner lot at 430 N 2nd St, this property boasts a prime location within the Central Business District (CBD), offering excellent exposure and accessibility. The single-story building, constructed in 1940 and extensively renovated in 2009, features a stucco exterior and shingle roof, showcasing a blend of classic charm and modern updates. The 8,500 square foot lot provides ample space, while the interior offers versatile possibilities for a variety of uses, including office space or even small retail. The asking price is $75,000, translating to $45.79 per square foot. The property's APN is 1-135-186-297-246. This property is zoned for CBD use and comprises three units, making it an ideal investment for those seeking a centrally located, high-visibility commercial space in Raton, NM, zip code 87740. The property's excellent condition and desirable location make it a truly compelling opportunity.

• Alternative Use

  Use

  Valuation

  Residential

  $410,100

  Hospitality

  $375,650

  Educational

  $312,536

  Medical

  $323,285

  Retail

  $486,167

Location Insight

City

Raton

County

Colfax

State

New Mexico

Latitude

36.9063

Longitude

-104.439

Property Tax & Assessments

FAQs

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