Step into a rare opportunity to own a true piece of the Old West with this iconic hospitality property in the heart of Chama, New Mexico. Located at 101 4th Street, directly across from the famed Cumbres & Toltec Scenic Railroad, this ±10,407 SF building on ±0.4 acres offers a turnkey, all-in-one hospitality package that includes a restaurant, bar, hotel, and banquet hall. With its roots tracing back to the late 1800s, the property is listed on the National Register of Historic Places and carries a full liquor license and all furniture, fixtures, and equipment. Chama is a high-altitude gem nestled in the Southern Rockies, just 120 miles north of Santa Fe. The town draws an estimated 677,000 annual visitors, including ±276,000 tourists, many of whom arrive via the adjacent railroad depot. The property’s prime location and authentic Western charm make it a compelling investment for hospitality operators, event venue developers, or historic preservationists seeking to revitalize a beloved landmark. Surrounded by natural beauty and outdoor recreation, Chama offers year-round appeal with fly fishing on the Rio Chama, hiking along the Continental Divide Trail, and seasonal events like Chama Days and the Christmas in the Mountains festival. The area’s growing tourism base, combined with the property’s unique character and strategic location, presents a compelling opportunity to create a destination experience that honors the past while embracing future potential.