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1301 Main Street

Red River, NM 87558
  • $1,500,000
  • STATUS: Active
  • ON SITE: 52 Days
  • MLS #: 1072539
UPDATED: 27 min ago
$1,500,000
  • 4
    BEDS
  • 0.19
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 7,000
    SQFT
  • $214
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:
Area:

School Ratings & Info

Description

This is an amazing investment opportunity! Check out this 14-room working lodge in the historic town of Red River on Main Street. In addition to the 14-rooms that can be rented out nightly, the property also has a 1500 sq ft owner suite to enjoy year-round. For growth purposes, the owner's suite could possibly be turned into more units. The property has 4 queen single rooms, 8 kitchenette rooms and 1 2-bedroom apartment across two floors that could be rented out nightly, weekly, or monthly depending on your future clients' needs. All FF&E, land and property conveys with sale. Large attached warehouse space is unused and also could be converted. Owner financing is available. If you've ever wanted to own and operate a lodge in a beautiful ski town here is your opportunity!

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IDX information © 2024 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Sandi Pressley Team | Coldwell Banker Legacy. Data last updated: 2024-12-08T00:05:19.287.
www.sandisells.com/homes/156813474
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1301 Main Street Red River, NM 87558

  • Price: $1,500,000
  • Status: Active
  • On Site: 52 Days
  • Updated: 27 min ago
  • MLS #: 1072539
4
Beds
4
Baths
0
½ Baths
0.19
Acres
7,000
SQFT
$214
$/SQFT
1950
Built
Neighborhood:
Red River Townsite
County:
Taos
Area:
630 - Taos
Property Description
This is an amazing investment opportunity! Check out this 14-room working lodge in the historic town of Red River on Main Street. In addition to the 14-rooms that can be rented out nightly, the property also has a 1500 sq ft owner suite to enjoy year-round. For growth purposes, the owner's suite could possibly be turned into more units. The property has 4 queen single rooms, 8 kitchenette rooms and 1 2-bedroom apartment across two floors that could be rented out nightly, weekly, or monthly depending on your future clients' needs. All FF&E, land and property conveys with sale. Large attached warehouse space is unused and also could be converted. Owner financing is available. If you've ever wanted to own and operate a lodge in a beautiful ski town here is your opportunity!
Exterior Features

Construction Materials Frame Log Siding Levels Two

Interior Features

Appliances Microwave Refrigerator Basement YN Yes Cooling None Cooling YN No Flooring Carpet Laminate Wood Heating Wall Furnace Heating YN Yes

Property Features

Builder Name Unknown Building Area Total 7000 Community Features Barbecue Green Energy Generation None Gross Income 84936 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional Owner May Carry New Construction YN No Occupant Type Owner Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 3458.95 Tenant Pays None Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected Zoning Description C-1

Southwest MLS] logo Listing courtesy of Coldwell Banker Legacy: (505) 892-1000. © 2024 Southwest Multiple Listing Service, Inc.


IDX information © 2024 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Sandi Pressley Team | Coldwell Banker Legacy. Data last updated: 2024-12-08T00:05:19.287.
 
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Sandi Pressley Team | Coldwell Banker Legacy
10400 Academy Rd NE Suite 100
Alburquerque NM, 87111