Sold
$475,000
16 beds 16.0 baths 8,000 SqFt 0.3 Acres

CHAMA NM HOTEL / RETAIL INCOME PRODUCING LOCATION FOR SALE

Bed & Breakfast for Sale & B&B for Sale near Chama, New Mexico

501 South Terrace Avenue, Chama, New Mexico 87520

Melissa Clark
(575) 756-2196



DETAILS

Chama NM Downtown Hotel and Retail Income Procuding Space For Sale

For a complete photo tour of this property:

http://www.thehotel.org/hotelphototour/hotelphototour.html

This exceptional business opportunity in the form of the historic Hotel & Shops has one of the best locations in downtown Chama NM.  Situated directly across the street from the Cumbres & Toltec Scenic Railroad depot in the center of old town Chama.  The Hotel has a strong return customer base and marketing strategies in place that continue to draw from multiple traveler segments.  Two websites maximize web presence.  Unique features throughout the hotel include original woodwork and doors, craft tiles and hardwood floors.  The hotel features a large retail area which has been successful railroad-themed merchandise but the location would lend well as a coffee shop or restaurant.  The facade includes a covered patio on the ground floor and and a great overlook of the railyard from the 2nd floor.  The business has been operated by two people which increases profitability and is the perfect family operation.  

PROPERTY FEATURES
  • Chama NM Commercial Property

  • Hotel Motel for Sale Chama NM

  • Income Producing Real Estate

  • Retail Space or Gallery Space

  • 16 Rooms w Private Bath

  • Historic Hotel for sale

  • Across fromCumbres & Toltec

  • Hwy 17 Frontage / Main Street

  • Bed & Breakfast / Lodges
  • Historic Property
  • Hotels / Motels
  • Businesses for Sale
  • Investment & Income
PROPERTY DETAILS
  • Street Address: 501 South Terrace Avenue
  • City: Chama
  • State: New Mexico
  • Postal Code: 87520
  • County: Rio Arriba
  • County: United States
  • MLS#: 30014-36880
  • Year Built: 1939
  • Courtesy of : United Country Northern New Mexico Real Estate
VIDEOS