Rare Commercial Opportunity – Vintage Bowling Alley with Expansion Potential Investors and visionaries, take note! This vintage-style 8-lane bowling alley is packed with potential and primed for transformation. Situated just off a main road with excellent highway access, the property boasts a high-visibility location in a strong commercial area. Set on a large lot with ample parking, the building includes an expansive entertainment area perfect for parties, events, and community gatherings. Though it needs a rehab, the bones are solid—offering a rare chance to restore its unique retro charm or reimagine the space entirely. Even more value awaits: the neighboring building shares a wall and is also available for purchase, presenting a prime opportunity to expand and create a dynamic multi-use venue or entertainment hub. Utilities are shared with other building, will need to be separated. Whether you're looking to renovate, redevelop, or invest in a one-of-a-kind property with built-in character and excellent upside, this is your chance.
The Gamble Building, Premier commercial retail and residential space, at the hub of Raton's, 1st Street Historic Art District, located directly across the street from the AmTrack RxR station. A unique development opportunity in Raton, New Mexico... providing an opportunity to revitalize and transform Raton's Historic Art District. This property spans 15,000 square feet within Raton’s world-famous historic art district. Perfectly situated downtown, directly across from the Amtrak station, the location offers significant potential. The beautiful alpine surroundings and scenic views make downtown Raton a true destination, and the price per square foot remains extremely competitive for the area. A well-equipped 2000 sqft restaurant and bar with a strong reputation and steady business facilitates a 150+ indoor/outdoor seating capacity and comes with a fully equipped, state of the art kitchen, service bar, POS system, game room and ADA compliant restrooms, ideally positioned for a new lessee. There is an additional 8000 sqft of retail rental space is available at ground level. The second story offers 10,000 sqft of residential lease potential. 2 finished apartment units, with history of long-term monthly leases. An additional 3000+ Entertainment-Ball room with refinished hard wood floors, towereing ceilings and skylights and 2 finished ADA compliant restrooms/laudry room available for expanded development. This is a one-of-a-kind opportunity to own a significant piece of Raton’s history. Contact us for more information or to schedule a viewing.
Gate City's Santa Fe Cafe apartment complex is the commercial sentinel of Raton's Historic 1st Street Art District. A unique development opportunity in Raton, New Mexico... think Gunsmoke, think riding in on horse back or riding in on a the train... The Historic Gate City, Santa Fe Cafe building is now available. This property spans 7,500 square feet, situated directly across the street from the Am-Track RR Station and comes with a complete front of the house dinning room, service bar, POS and license. Back of house/kitchen comes with multiple stove's, ovens, walk-in refrigeration and dish machine. The second floor has three fully finished apartments for added rental income. Raton’s world-famous historic art district, perfectly situated downtown, directly across from the Amtrak station, the location offers significant potential. Turn of the century brick construction, 14" high ceilings, wood floors through out, all set in beautiful alpine surroundings and scenic views make downtown Raton a true destination, at an extremely competitive price per square foot. A Key features of the property includeThe Stake Out Restaurant: upscale, well-equipped restaurant and bar with a strong reputation and steady business through 2023. With a 150+ seating occupancy, patio dinning, with a fully equipped, state of the art kitchen, service bar, POS system, fireplace and game room, 2 ADA compliant restrooms and ready for a new lessee. Second floor apartment lodging space is converted into apartments with attractive long-term monthly leases. The back yard and parking provide further development opportunity. This is a one-of-a-kind opportunity to own a significant piece of Raton’s history. Contact us for more information or to schedule a viewing.
A unique development opportunity in Raton, New Mexico... think Gunsmoke, think riding in on a horse or riding in on a train... The historic Palace Hotel, including the renowned Stake Out Restaurant, is now available. This property spans 15,000 square feet within Raton’s world-famous historic art district. Perfectly situated downtown, directly across from the Amtrak station, the location offers significant potential. The beautiful alpine surroundings and scenic views make downtown Raton a true destination, and the price per square foot remains extremely competitive for the area. A Key features of the property includeThe Stake Out Restaurant: An upscale, well-equipped restaurant and bar with a strong reputation and steady business through 2023. With a 240+ seat occupancy, the Stakeout Restaurant is complete with a fully equipped, state of the art kitchen, service bar, POS system, 2 fireplaces, a game room, performance stage and 6 restrooms. It is ideally positioned for a new lessee. Alternatively to Nightly sales, the hotel lodging space is securing Residential Leases. Some units come converted into apartments with attractive long-term monthly leases. The third floor currently requires remodeling, however offers an excellent opportunity to reintroduce hotel services or additional short term rental space. The Haven, adjoining the Palace, has additional retail space and currently houses a popular art gallery by well-known local artist Carl Swanson. This is a one-of-a-kind opportunity to own a significant piece of Raton’s history. Contact us for more information or to schedule a viewing.
Great location! Bar/retail and manufactured home on large lot! This bar was the best spot in town during it's days! Ready for a new owner, Dance floor area, 2 restrooms, bar, storage and more! Next door is rental income, great office space currently rented. Manufactured home in the back is perfect for anyone wanting to live on the premises and run a business. Best location in town just off Hwy 87 and I-25! Best visibility on the busiest road!
Commercial space, with great mainstreet frontage! Dual overhead doors, heated shop space, updated electrical panel with 3 phase capability. The building is cinderblock construction, with propanel & rolled roofing. The office and reception area is clean, with nice windows, a single bathroom, and good lighting. This building would be great as an auto shop, a welding shop, wood shop, man-cave, or anything that requires large overhead doors. Located in beautiful downtown Raton, this space is definately one to consider. Opportunity Zone! Call Home Associates today for more info!
Prime Commercial Investment Opportunity on Highway 87 Excellent income-producing commercial property located on Highway 87, the busiest road in town, offering outstanding visibility and consistent traffic flow. This well-positioned corner lot provides excellent exposure for any business and includes a dedicated parking lot for convenient off-road parking. The building features over 2,400 square feet of versatile commercial space and has successfully operated as both a restaurant and retail business, offering flexibility for a variety of future uses. Ideally situated just 5 minutes from the I-25 exit, the property is surrounded by established businesses including fast food restaurants, motels, gas stations, and other high-traffic amenities, making it a prime location for continued commercial success. This property is currently leased under a triple net (NNN) lease with a 3-year term, providing an immediate income-producing investment opportunity for buyers seeking a strong location with reliable tenant occupancy. With its high-visibility corner location, strong traffic counts, ample parking, and established commercial history, this property offers endless possibilities for investors and business owners alike. If you’re looking for a place to invest along the main business corridor, this is the road to be on.
Former gas station and auto shop offering excellent potential for a retail space or creative new business concept. This property features high visibility off Main Street, with close proximity to I-25, making it easily accessible for customers and commuters alike. Conveniently located near local stores, banks, restaurants, and other established businesses, this is a prime opportunity for redevelopment or reuse in a high-traffic area. Bring your vision and ideas—this location is ready for its next chapter.
An excellent business opportunity in Historic Art District of Raton. Built in 1908, the building boasts 20,000 sqft of classic brick and stone construction, hard wood floors, 14' high ceilings and features an existing, profitable and diversified cash-flowing business model, with opportunities for further expansion and growth. The basement level is a completely renovated 7000 sqft brewery, with state of the art equipment, rear loading dock, extensive storage, manual service elevator, gantry crane lift. $200,000 plus in house investment, into brewery equipment. The 1st Floor, hosts the Colfax Ale Cellar, a 3500 sqft Tap Room, with a fully restored hardwood historic back bar, draught tower for serving vessels, historic ballroom tables, swivel stools, service Kitchen, 2 ADA certified bathrooms. Additionally, there is 3500 sqft office space to the south, leased to Engineering Analytics LLC, which maintains a long standing dynamic and thriving engineering services. 2nd Floor: Highlights a 1200 sqft Masons Banquet Hall, 1200 sqft Parlor Room and 2000 sqft auditorium in the back, with beautiful Hardwood floors, 14' ornate painted tin ceilings, crown molding, offering endless possibilities for residential living. Equipped with a full kitchen, bathrooms, storage, bedroom, and walk-in closet. Could easily be converted into residential lofts and/or added rental income. 215 and The Dwyer Building, 219 S 2ND ST, RATON, NM... currently leased through 2026, with option to extend.
South portion of Dona Anna Shopping center consisting of 9+ retail/office/warehouse spaces. 90% rented with consistent income. State office leases in two of the units, a pharmacy, and various smaller businesses with Hair salon, Cellular provider, and Insurance agency tenants.
FOR SALE IN RATON, NEW MEXICO--THE ROBIN HOOD MOTEL AND ADDITIONAL PROPERTIES AND ACREAGE! This listing presents an exceptional opportunity for entrepreneurs and investors alike. Situated on 2.35 acres, this offering includes the 23-room Robin Hood Motel, a fully equipped attached restaurant, a single-family residence, a habitable manufactured home, a freestanding manufacturing or warehouse building, and additional vacant land. With flexible mixed-use potential and multiple income streams, this property is ideal for hospitality, housing, or commercial development. Located in the heart of Raton near I-25 and the scenic mountain corridor, it's perfectly positioned for tourism, business growth, and long-term investment in one of northern New Mexico's most treasured communities!
PRIME COMMERCIAL OPPORTUNITY on the most visible corner of Main Street in Historic Downtown Raton. Over 11,000 sq ft of flexible space on about 24,500 sq ft lot zoned commercial, ideal for a shop, showroom, brewery, distillery, or office. Features high timber-beamed ceilings, updated windows, partial electrical upgrades, and a newer roof. Includes six storage units and a fenced yard for parking or expansion. Steps from Shuler Theater, Raton Station, and coffee shops, offering excellent visibility and walkability. Endless possibilities--come see it today.
Prime Commercial Building – Hester’s Motorsports Excellent opportunity to own a 10,000 sq. ft. commercial building on a high-traffic corner lot in the busiest part of town! Built in 1999 and formerly home to Hester’s Yamaha, this property is ideal for a showroom, warehouse, shop, or mixed-use business. Layout: 5,000 sq. ft. showroom/office, 2,500 sq. ft. shop, 2,500 sq. ft. storage. Parking: 14 striped spaces (2 ADA) plus overflow and frontage parking. Expansion: Room to add another 25’ x 50’ or create more storage/parking. Features: (3) 10’ x 10’ overhead doors, high-power 120/240v electric, LED lighting, security system with cameras, "6" reinforced concrete construction. Updates: Roof redone in 2020 with 20-year warranty; A/C units installed 2018; efficient insulation and natural gas heat. Well-maintained, energy-efficient, and built to last, this property is ready for its next business venture.


Raton is located in New Mexico. Raton, New Mexico has a population of 6,082. Raton is less family-centric than the surrounding county with 18.96% of the households containing married families with children. The county average for households married with children is 19.44%.
The median household income in Raton, New Mexico is $34,233. The median household income for the surrounding county is $39,483 compared to the national median of $69,021. The median age of people living in Raton is 44.6 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 17.6 inches per year, with 46.3 inches of snow per year.