Ad #7842579
MLS #115136
The Gamble Building, Premier commercial retail and residential
120 N 1st St, Raton, New Mexico, 87740
$1,750,000
--Beds
--Baths
--Sqft
--Acres
About this property
The Gamble Building, Premier commercial retail and residential space, at the hub of Raton's, 1st Street Historic Art District, located directly across the street from the AmTrack RxR station. The Gamble's Building, Premier commercial rental and residential space, at the hub of Raton's 1st Street Historic and Art District, and across the street from the railroad. A prime development opportunity in Raton provides a chance to transform and revitalize Raton's Historic District. This property spans 15,000 square feet within the well-recognized District. Tastefully situated downtown, the location offers great development and investment potential. The beautiful high-altitude vegetation and mountain views make Raton is a wonderful destination. The price per square remains extremely competitive for the area. El Comedor is a well equipped 2000 square foot restaurant and service bar with a strong reputation and steady business which, facilitates a 150+ indoor/outdoor seating capacity with a fully equipped kitchen, service bar, POS system, game room, office area, ADA compliant restroom, ideally positioned for a new lessee. There is an additional 8,000 square feet of retail and office space on the ground floor. The second story offers 10,000 feet of residential/business space. 1 finished apartment with a history of long-term business leases. An additional 3,000 + square foot Entertainment Ballroom with refinished hardwood floors, towering ceilings with skylights, 3 offices and 2 ADA compliant restrooms are in place for expansion. This is a rare opportunity to own a significant piece of Southwestern History. Contact us for more information or to schedule a viewing.
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1900
0 Acres
Colfax County
Additional Photos
Contact Information
Wayne Massi
TAOS SKI VALLEY REALTY
575-776-0600
Location
Listing Agent: Wayne Massi (License #: 51391) 575-776-0600
Broker: TAOS SKI VALLEY REALTY 575-776-0600 Listing Site
Copyright © 2026 Enchanted Circle Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: TAOS SKI VALLEY REALTY 575-776-0600 Listing Site
Copyright © 2026 Enchanted Circle Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BarrierFreeHome.com
Printed Jul 24, 2026
Photo Gallery
$1,750,000
--
Beds
--
Baths
--
Sqft
120 N 1st St, Raton, New Mexico, 87740
By contacting this agent you agree to these Terms and Conditions.
MLS# 115136
The Gamble Building, Premier commercial retail and residential
$1,750,000
120 N 1st St, Raton, New Mexico, 87740
--
Beds
--
Baths
--
Sqft
--
Acres
$1,750,000
120 N 1st St, Raton, New Mexico, 87740
-- Beds
-- Baths
-- Sqft
-- Acres
The Gamble Building, Premier commercial retail and residential space, at the hub of Raton's, 1st Street Historic Art District, located directly across the street from the AmTrack RxR station. The Gamble's Building, Premier commercial rental and residential space, at the hub of Raton's 1st Street Historic and Art District, and across the street from the railroad. A prime development opportunity in Raton provides a chance to transform and revitalize Raton's Historic District. This property spans 15,000 square feet within the well-recognized District. Tastefully situated downtown, the location offers great development and investment potential. The beautiful high-altitude vegetation and mountain views make Raton is a wonderful destination. The price per square remains extremely competitive for the area. El Comedor is a well equipped 2000 square foot restaurant and service bar with a strong reputation and steady business which, facilitates a 150+ indoor/outdoor seating capacity with a fully equipped kitchen, service bar, POS system, game room, office area, ADA compliant restroom, ideally positioned for a new lessee. There is an additional 8,000 square feet of retail and office space on the ground floor. The second story offers 10,000 feet of residential/business space. 1 finished apartment with a history of long-term business leases. An additional 3,000 + square foot Entertainment Ballroom with refinished hardwood floors, towering ceilings with skylights, 3 offices and 2 ADA compliant restrooms are in place for expansion. This is a rare opportunity to own a significant piece of Southwestern History. Contact us for more information or to schedule a viewing.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1900
0 Acres
FINANCIAL & COMMUNITY
Colfax County
Location
Mortgage Calculator
Ad Statistics
Ad Number
7842579
Viewed
18 times
Listing Status
Active
Added
Jun 05, 2026
Last Refresh
Jul 24, 2026 04:01:17 PM
Listing Information
Data Source
Enchanted Circle Association of REALTORS®
Source Property ID
115136
Listing Agent: Wayne Massi (License #: 51391) 575-776-0600
Broker: TAOS SKI VALLEY REALTY 575-776-0600 Listing Site
Copyright © 2026 Enchanted Circle Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: TAOS SKI VALLEY REALTY 575-776-0600 Listing Site
Copyright © 2026 Enchanted Circle Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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