Set on 8.5+/- wooded acres where the Rio Chama runs along the Western boundary, the ''Elkhorn Lodge'' is one of the most distinctive riverfront properties in Northern New Mexico and one of the only lodging properties in the Chama Valley with direct river frontage.Established in 1951 and operating continuously ever since, the lodge has been a fixture of the Chama Valley for seventy-five years, serving generations of travelers as both a mountain retreat and a community gathering place. It sits at the Southern gateway to Chama Village on US Highway 84, the first lodging property every visitor passes on the way into town. With a classic ranch-style entrance, mature cottonwoods and pines shading grass-covered grounds, and open views to the Cumbres Mountains to the North. The property is operational today and under professional management, offering a new owner a running business rather than a project.The offering includes 36 accommodation units across three distinct product types: 22 motel-style rooms with private baths and private porches, 12 individually themed country cabins with full kitchens sleeping two to ten guests, and two seasonal units, complemented by a full-hookup RV site and eight dry campsites. Guests enjoy a covered events pavilion, a riverfront fire pit, two horse corrals, a dog-friendly river trail, a children's play area, barbecue grills, and trout fishing steps from the door. A 1,200+/- square-foot two-bedroom owner's/manager's quarters allows an owner-operator to live on site.The location is the property's quiet advantage. The Cumbres & Toltec Scenic Railroad, a National Historic Landmark and one of the last surviving narrow-gauge steam railroads in America it's only 2.7 miles away. Sargent Wildlife Management Area is 3.8 miles, Heron Lake State Park is just up the road, and Ghost Ranch and Georgia O'Keeffe's Abiquiu country lie 43 miles south. Three national forests, blue-ribbon trout water, and some of New Mexico's best elk and mule deer country surround the valley. That mix draws four distinct groups of travelers, anglers, hunters, outdoor recreation visitors, and cultural travelers. On top of the railroad's national following, giving the valley unusually well-rounded demand for a town its size. Frommer's Travel Book has called Chama ''New Mexico's undiscovered Durango -- without the masses.''Seventy-five years of history, an irreplaceable riverfront setting, and real room for a new owner to leave their mark. A rare opportunity for someone to take this property to the next level.
This distinguished investment opportunity is in a highly sought-after location in Chama, NM. This property combines strategic positioning, robust income potential, and compelling market dynamics. It represents not just an investment in real estate, but a stake in the community's growth and prosperity. This remarkable property boasts over 4,450 square feet of versatile space, thoughtfully designed to accommodate a range of commercial uses, including continuing the current leasing income, shifting to a higher use of breakfast, lunch and dinner service, dance hall, reception hall, community events, etc. Sitting on a fully usable 1.27 acres of prime land, it offers expansive outdoor areas for additional development, parking, or landscaping, enhancing the overall value and appeal of the investment. Versatile Space: With over 4,450 INTERIOR AND OVER 1,000 SQ. FT. of outdoor seating and adaptable space, the property is ideal for a variety of commercial endeavors, from retail and office spaces to specialty services, providing a flexible foundation for growth and innovation. The building has had extensive improvements including updated kitchen and trade fixtures, newly remodeled dining hall, bar and seating area, new exterior, and an updated outdoor dining area. Please ask for a list of all upgrades to the property. Expansive Lot: The 1.27-acre lot not only affords ample parking and accessibility but also presents significant opportunities for expansion or redevelopment, allowing investors to maximize their ROI through strategic enhancements or additional constructions. Strong Market Dynamics: The property benefits from its location in a thriving seasonal market, characterized by high demand, limited supply, and favorable tourism trends, promising sustained appreciation and rental income growth.
Located right at the busy intersection of Chama, this property can be the next building site for the your future business. This property will capture the majority of the traffic passing through Chama. With visibility from all sides, there is no doubt that your future business will have the opportunity to attract everyone who passes. On the path to Pagosa Springs or traveling back to Santa Fe, you will pass right by.
Incredible Business Opportunity in Chama NM. Looking to operate your very own Coffee Shop, Look No Further. Rio Chama Espresso is located in Downtown Chama, and is a well established business, not only for the Village, but it also has a large customer base online and with the returning tourists. This is Turn Key! Beloved Espresso and Wine Bar on a busy Travel route, next to the historic railroad tourist destination is seeking new owners to carry on the tradition of fine coffee, community and a place for people to gather. The kitchen, espresso counter and guest space was designed for efficiency, comfort, and style. All with state of the art kitchen, coffee, espresso, wine and beer equipment. The espresso and bake shop runs concurrently as a wine bar with beer and cocktails, as well as dinner and special event service, with a large event space and covered live music stage. A natural gas fire pit runs opening to close on the front porch for all passing traffic to know the doors are open. With the sale is all the branding, website, mobile ordering, inventory system, online coffee shipping orders as well as additional equipment. Included with the sale is assorted equipment for catering cater gators, large beverage containers, chafing dishes, donut equipment and so much more. Throughout the year the shop decorates for all occasions and all is included with the sale. Owner is offering to train, educate and introduce new ownership to existing clientele as well as daily operations, maintenance, contacts for vendors for up to three months.This is truly a Turn Key Opportunity.
Located at the busiest intersection in Chama NM, this restaurant location is one of the best in Chama. The property is currently under a triple net lease with Santi's for someone who'd like to the passive income. There is a dining room, mens and womens bathrooms and it is complete with a Drive-up ordering station and window. Located on .61 acres with the neighboring property available for expansion. Most of the kitchen equipment stays.
Location! Location! Location! Looking to start your new adventure or investment? Look no further! This little gem is located downtown in the Village of Chama, in the Northern New Mexico Mountains. Currently being used as a restaurant and retail store, that's right, this property has Two spaces!! The options could be endless. The restaurant side can seat up to 60 plus customers and all equipment and furniture will convey with the sale. Turn Key! The other side is currently a retail store but had previously been a hair salon. Use this space or rent it out for monthly income. There is private parking in the back. Also included will be the upgraded security system. This could be a great opportunity for someone looking to run their own business.
This commercial parcel is located at the intersection of New Mexico highways 84 / 64 and 17 and is the business intersection in the town of Chama. If you are looking to gain the best visibility for traffic passing through Chama or want to be locally visible, this location couldn't get any better. City utilties and power are available. For questions regarding planning and zoning or utility access, contact the Village of Chama. For more information or any questions you might have, contact Melissa Clark at 505-429-9091 or [email protected]
If you're looking for a Chama location with a well-constructed commercial building that has excellent access and visibility from the 3 highway intersection (64/84/17) in Chama, this is a must see. Originally constructed in 1999, this property has been well maintained and occupied by the Magistrate Court since it was built. The court is relocating to Tierra Amarilla so this building could be modified for almost anything. With 4 restrooms, a number of office spaces, a breakroom, an open interior area and the courtroom, if you can dream it, you can modify it. The building is situated at the rear of the property and offers plenty of parking in the paved parking area. Contact Melissa Clark, listing agent with United Country Northern NM Real Estate for questions or to schedule a showing. Direct: 505-429-9091 Office: 575-756-2196 [email protected]
The High Country Restaurant and Saloon is a historical staple of Chama, NM, located on the town’s main drag. This well-known building is in need of a complete remodel and offers excellent potential for redevelopment. The property features an upstairs apartment or office space, along with a ground-floor bar area and package liquor store. Liquor license is not available. Some restaurant equipment remains in the building and will convey with the sale of the property.
This is the perfect live/work space for the artisan or small shop owner who is looking for space to run a small business. Currently operated as a boutique and a short term vacation rental, it has proven income and could be transitioned over to a new owner with the Village of Chama approval to continue operations. The downstairs has the storefront area, complete with bathroom/dressing room, while the upstairs living space has a separate entrance for private access. The upstairs apartment has been newly renovated in the past 5 years and includes two bedrooms, a 3/4 bath and 1/2 bath with a custom kitchen and living/dining area overlooking downtown Chama. The downstairs shop space expands outside onto the spacious covered porch and beautiful courtyard with flower gardens and space for expansion. Seller will consider selling inventory and fixtures on a separate bill of sale. See the video link for pictures of the short term rental.



Chama is located in New Mexico. 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.
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.