501 S Terrace Avenue

  • Price: $575,000
  • MLS: 201902627
  • Status: Active
  • Type: Hospitality
  • Area: 41-Chama
  • Total Sqft: 8,000

Presenting Broker

Darlene Streit

Darlene Streit

(505) 920-8001

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Sotheby's International Realty
326 Grant Avenue
Santa Fe, NM 87501

Description

12 bedrooms with private baths with potential for 16 rooms, 730 square foot of retail space, outdoor patio and balcony overlooking the train depot. This exceptional business opportunity has one of the best locations in Chama across from the Cumbres and Toltec Scenic Railroad. The hotel has a strong return customer base and marketing strategies in place that draw from many traveler segments. Unique features throughout the hotel include original woodwork and doors, craft tiles and hardwood floors. The retail space has been maximized to draw train enthusiasts and mountain tourists. This sweet Boutique Hotel is one of only 3 in downtown Chama and is close to shopping and restaurants.

Additional Features

  • Type: Hospitality
  • Days On Market: 154
  • Age: Unknown
  • Construction: Other - See Remarks
  • Sewage: City
  • Gas: Natural
  • Extras: High Visibility, Kitchen Area, Living Area, Retail Frontage
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Neighborhoods

Abiquiu Area

“It is not a country of light on things -it is a country of things in light.” Georgia O’Keeffe About 60 miles north of Santa Fe, Abiquiu and surrounding communities of El Rito, Youngsville, Ojo Caliente and Chama to the north are some of the most beautiful landscapes New Mexico has to offer. Celebrated artist Georgia O'Keeffe lived at nearby Ghost Ranch for many years and also bought a

Schools

Listing Brokerage

Melissa Clark

United Country N New Mexico RE

IDX listing
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Sotheby's International Realty ® are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.