127 Clayton RdRaton, NM 87740
- Other commercial real estate
- 4,896 SF
Property Details for 127 Clayton Rd
- Year built
- 1994
- Lot size
- 0.71 AC
- Property size (Sq ft)
- 4,896 SF
- Property type
- Other commercial real estate
- APN
- 1-135-184-303-502
- APU
- 1135184303502
Description
This unique Raton, New Mexico property presents a compelling investment opportunity. Located at 127 Clayton Rd, 87740, this commercial and residential property boasts a prime location just off Highway 87 and I-25, ensuring high visibility on a busy thoroughfare. The main structure is a former bar, described as the "best spot in town" in its heyday, featuring a dance floor area, two restrooms, a bar, and ample storage space. The property's potential extends beyond its retail space; it includes a manufactured home situated at the rear, ideal for an owner-operator seeking on-site living. Adjacent to the main building is a currently rented office space, providing additional rental income potential. The property sits on a large lot, offering significant expansion possibilities or additional development potential. The asking price is $350,000. While the square footage is not currently specified, the property's features and location make it a strong contender for a variety of uses. The property's history as a popular bar, combined with its strategic location and the inclusion of a residential component, presents a rare opportunity for a savvy investor. This is a chance to acquire a well-positioned property with significant upside potential in a growing New Mexico market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,225,794
- Hospitality
- $1,122,821
- Educational
- $934,174
- Medical
- $966,302
- Retail
- $1,453,160
Location Insight
- City
- Raton
- County
- Colfax
- State
- New Mexico
- Latitude
- 36.8845
- Longitude
- -104.439
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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