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Off Market
1/6

1003 S 2nd St
Raton, NM 87740


HIGHLIGHTS

  • Heavy traffic area
  • Multiple income opportunities
  • Immediate income with self storage units

OVERVIEW

This property is situated on the main thoroughfare through Raton, New Mexico. The front corner structure structure of 5,813 sq. ft. was formerly a motel with reception office, manager's residence, and a laundromat/dry cleaning business, plus three apartments and a two car garage. The rear motel structure of 4,182 sq. ft. contains standard motel rooms and kitchenette units. Self-storage buildings of 1,500 sq. ft. are single-level self-storage units on concrete pads with earthen surface drive apron. There are a total of 14 rental units, six 5x15 ft. and eight 10x15 ft., with exterior entry. Construction is metal - exterior, dividing wall, and roof with manual operated roll up metal doors. The storage building does not have electrical service or other utilities. Two duplex structures of 1,425 total sq. ft. contain two rental units, each (4 units total). Construction is wood frame with pitched shingle roof and front portal.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Commercial Multi-Building - Raton, NM

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Lodge/Meeting Hall

TOTAL BUILDING SIZE

5183.2

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

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