1018 State Rd 17 Chama, NM 87520

Price
$1,195,000
Listed On
Type
For Sale
Status
Active
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
1018 State Rd 17, Chama, NM 87520
Asking  $1,195,000

Snapshot

Property Type
Other
Lot Size
1.27 acres
Property Sqft
MLS Number
202401328
Year Built
1980
Days On Market

Description

We are pleased to present a distinguished investment opportunity in a highly sought-after location. This offering memorandum outlines the details of a unique property that combines strategic positioning, robust income potential, and compelling market dynamics. It represents not just an investment in real estate, but a stake in the community's growth and prosperity. This remarkable property boasts over 4,450 square feet of versatile space, thoughtfully designed to accommodate a range of commercial uses. Sitting on a sprawling 1.27 acres of prime land, it offers expansive outdoor areas for additional development, parking, or landscaping, enhancing the overall value and appeal of the investment.

Versatile Space: With over 4,450 INTERIOR AND OVER 1,000 SQ. FT. of outdoor seating and adaptable space, the property is ideal for a variety of commercial endeavors, from retail and office spaces to specialty services, providing a flexible foundation for growth and innovation. The building has had extensive improvements including updated kitchen and trade fixtures, newly remodeled dining hall, bar and seating area, new exterior, and an updated outdoor dining area. Please ask for a list of all upgrades to the property.

Expansive Lot: The 1.27-acre lot not only affords ample parking and accessibility but also presents significant opportunities for expansion or redevelopment, allowing investors to maximize their ROI through strategic enhancements or additional constructions.

Strong Market Dynamics: The property benefits from its location in a thriving seasonal market, characterized by high demand, limited supply, and favorable tourism trends, promising sustained appreciation and rental income growth.

More Details

Provider
EXIT Realty Home & Ranch
MLS ID
SFARNM
MLS Name
Santa Fe Association of REALTORS®, Inc.
MLS Number
202401328
Source
listhub
PARTICIPANT
Name
John Gillam
Primary Phone
(970) 759-0763
Key
3YD-SFARNM-9185
Email
info@johngillam.com
BROKER
Name
EXIT Realty Home & Ranch
Phone
(970) 759-0763
OFFICE
Name
EXIT Realty Home & Ranch
Phone
(970) 759-0763
Copyright © 2024 Santa Fe Association of REALTORS ®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listed For Sale$1,195,000 Exit Realty Home & Ranch
Report issue with price history

Nearby Schools

Elementary School

Chama Elementary

7.7 miles awayKG - 05

Middle School

Chama Middle

7.7 miles away06 - 08
Get more info on 1018 State Rd 17, Chama, NM 87520
Profile
John Gillam
Listing Agent
(970) 759-0763
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
John Gillam
Listing Agent
(970) 759-0763
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.