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1501 E Santa Fe Ave
Grants, NM 87020
Former Red Lion Hotel · Hospitality Property For Sale · 183,757 SF

INVESTMENT HIGHLIGHTS

  • 127 Unit Closed Hotel Ready for Renovation and Rebranding
  • Located in a Thriving Hotel Market off I-40 Midway Between Albuquerque and Gallup, NM
  • Single Two-Story Building with an Attractive Central Atrium including a Pool, Hot Tub, and Cafe
  • Constructed of Concrete Block Walls and Concrete Slab Floors and Roof
  • Wyndham Garden Inn and Choice Clarion Interest and PIPs are Available

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 5.15 AC
Building Size 183,757 SF
No. Stories 2
Year Built 1968
Corridor Interior
Zoning C2

AMENITIES

  • Pool
  • Restaurant
  • On-Site Bar
  • Meeting Event Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R15173
Land Assessment
$112,603
Improvements Assessment
$226,821
Total Assessment
$339,424
  • Listing ID: 36949360

  • Date on Market: 7/28/2025

  • Last Updated:

  • Address: 1501 E Santa Fe Ave, Grants, NM 87020

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