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.
- Country:
- US
- State:
- NM
- County:
- Colfax
- City:
- Raton
- Subdivision:
- Other
- Zipcode:
- 87740
- Street:
- North 1st Street
- Street Number:
- 120
- Mls Area Major:
- RATON
- Directions:
- From Trinidad: Follow I-25 South, Take exit 454 toward I-25 BUS/2nd St/Raton, straight to 215 South 2nd Street to Clark Ave and take a left. One block down, see building at the corner of Clark and N First Street. From Santa Fe: NM: Get on I-25 N/US- Follow I-25 N to Raton. Take exit 451 for US-64 E/US-87 E toward Clayton/Raton, Continue north to 215 South 2nd Street and take a right on to Clark Ave. One block down, see building at the corner of Clark and N First Street. Directly across the street from the Am-Trak R/R station.
- Office Name:
- Engel & Voelkers Taos
- Agent Name:
- None
- Building Size:
- 20000
- Current Use:
- Retail
- List Agent Mls Id:
- 958
- List Office Mls Id:
- 71
- Mls Status:
- Active
- Modification Timestamp:
- 2026-06-05T23:40:08Z
- Originating System Name:
- TAOS
Commercial Sale For Sale
120 North 1st Street, Raton, New Mexico 87740
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- 115136
- Price :
- $1,750,000
- Year Built :
- 1900
- Status :
- Active
- Property Sub Type :
- Retail
