Chama NM Commercial for Sale
$350,000
0 Hwy 17 Chama, NM 87520
- Type:
- Mixed Use
- Sq.Ft.:
- 1,800
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.75 Acres
- Year built:
- 1980
- Baths:
- MLS#:
- 202402195
ADDITIONAL INFORMATION
Location! Location! Location! Located Downtown in the Village of Chama. Great spot to start your new adventure. Nestled on a corner space, located next to the Cumbres and Toltec train. This property has lots of opportunities.
$995,000
1018 State Rd 17 Chama, NM 87520
- Type:
- Other
- Sq.Ft.:
- 4,450
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.27 Acres
- Year built:
- 1980
- Baths:
- MLS#:
- 202401328
ADDITIONAL INFORMATION
Here’s an incredible opportunity to own a fully upgraded 4,000+ sq ft restaurant/bar property in the heart of Chama, NM. Zoned for restaurant and bar use, this property comes with a full liquor license and a spacious layout perfect for dining, events, and entertainment. With room for a dance floor, catering, and event hosting, the property’s versatility opens it up to a wide range of possibilities. Located right next to a Cumbres Narrow Gauge Train stop, the property enjoys excellent visibility with good highway access, making it ideal for attracting both local customers and visitors. With more parking than needed, it’s perfectly set up to handle large crowds for events or everyday dining. The property has undergone extensive renovations, with upgrades to the exterior, interior, bathrooms, plumbing, electrical systems, and more. The kitchen is immaculately maintained with newer or well-cared-for equipment, ready to support any culinary operation. Currently owner-occupied and operated, this property is a turnkey opportunity for investors or restaurateurs looking for a prime location with high visibility, excellent infrastructure, and an existing relationship with the popular Cumbres Train. Whether you’re looking to continue its use as a restaurant or repurpose the space for events, catering, or other ventures, this property offers endless potential.
Chama Real Estate
The median home value in Chama, NM is $316,044. This is higher than the county median home value of $253,100. The national median home value is $338,100. The average price of homes sold in Chama, NM is $316,044. Approximately 57.71% of Chama homes are owned, compared to 13.6% rented, while 28.69% are vacant. Chama real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chama real estate agent to arrange a tour today!
Chama, New Mexico has a population of 1,002. Chama is more family-centric than the surrounding county with 23.93% of the households containing married families with children. The county average for households married with children is 18.61%.
The median household income in Chama, New Mexico is $35,263. The median household income for the surrounding county is $46,994 compared to the national median of $69,021. The median age of people living in Chama is 55 years.
Chama Weather
The average high temperature in July is 81 degrees, with an average low temperature in January of 7.9 degrees. The average rainfall is approximately 21.7 inches per year, with 95.9 inches of snow per year.