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- LoopNet Team
1003 S 2nd St
Raton, NM 87740
Commercial Multi-Building - Raton, NM · Retail Property For Sale
Investment Highlights
- Heavy traffic area
- Immediate income with self storage units
- Multiple income opportunities
Property Facts
About 1003 S 2ND ST , RATON, NM 87740
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.
