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140-144 S 2nd Street

Raton, NM 87740
  • $499,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 1110020
UPDATED: 32 min ago
$499,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Stunning Historic DiLisio Building which is part of the National Register of Historic Places now available! In the heart of downtown Raton, the property offers approximately 15,317 SF across three floors including a basement, plus 5,106 SF in a second unfinished basement, on 0.16 acres! This substantial property offers an exceptional opportunity for redevelopment and adaptive reuse in a highly visible downtown location. A redevelopment study prepared specifically for the property identifies potential concepts including retail, food and beverage, outdoor recreation services, specialty retail and maker space, offices, studios, flexible event or training space, and upper-floor residential use. Zoned C-1 Central Business District, the property offers broad commercial and mixed-use potential. The redevelopment study notes potential uses within the district including retail, service businesses, offices, restaurants, lodging, cultural or community-oriented uses, and upper-floor residential. Originally constructed around 1910 and prominently positioned at the corner of Cook Avenue and South 2nd Street, the building features extensive storefront frontage, large street-facing windows, beautiful yellow-and-red masonry accents, a distinctive columned corner entrance, and decorative cornice detailing.Inside, the property offers an impressive mix of large open commercial spaces and numerous individual rooms and office suites. The main level includes expansive retail/showroom areas with oversized storefront windows and decorative stained-glass/transom accents. The upper level features numerous private office suites and larger flexible-use rooms, with historic paneled wood doors, interior transoms, substantial wood trim and millwork, hardwood flooring in select areas, multiple skylights that bring natural light into the interior, and an elevator serving the building. The varied layout creates opportunities for multiple businesses, professional offices, studios, retail, or other adaptive reuse.Conveniently located near banks, the library, train depot, restaurants, and other downtown amenities. A rare opportunity to own a substantial piece of Raton's historic downtown with tremendous potential for redevelopment, continued commercial use, or investment.

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IDX information © 2026 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 Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2026-09-14T13:05:08.77.
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140-144 S 2nd Street Raton, NM 87740

  • Price: $499,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 32 min ago
  • MLS #: 1110020
0
Beds
0
Baths
0
½ Baths
0.16
Acres
Neighborhood:
400 - Colfax
County:
Colfax
Area:
400 - Colfax
Property Description
Stunning Historic DiLisio Building which is part of the National Register of Historic Places now available! In the heart of downtown Raton, the property offers approximately 15,317 SF across three floors including a basement, plus 5,106 SF in a second unfinished basement, on 0.16 acres! This substantial property offers an exceptional opportunity for redevelopment and adaptive reuse in a highly visible downtown location. A redevelopment study prepared specifically for the property identifies potential concepts including retail, food and beverage, outdoor recreation services, specialty retail and maker space, offices, studios, flexible event or training space, and upper-floor residential use. Zoned C-1 Central Business District, the property offers broad commercial and mixed-use potential. The redevelopment study notes potential uses within the district including retail, service businesses, offices, restaurants, lodging, cultural or community-oriented uses, and upper-floor residential. Originally constructed around 1910 and prominently positioned at the corner of Cook Avenue and South 2nd Street, the building features extensive storefront frontage, large street-facing windows, beautiful yellow-and-red masonry accents, a distinctive columned corner entrance, and decorative cornice detailing.Inside, the property offers an impressive mix of large open commercial spaces and numerous individual rooms and office suites. The main level includes expansive retail/showroom areas with oversized storefront windows and decorative stained-glass/transom accents. The upper level features numerous private office suites and larger flexible-use rooms, with historic paneled wood doors, interior transoms, substantial wood trim and millwork, hardwood flooring in select areas, multiple skylights that bring natural light into the interior, and an elevator serving the building. The varied layout creates opportunities for multiple businesses, professional offices, studios, retail, or other adaptive reuse.Conveniently located near banks, the library, train depot, restaurants, and other downtown amenities. A rare opportunity to own a substantial piece of Raton's historic downtown with tremendous potential for redevelopment, continued commercial use, or investment.
Exterior Features

Attached Garage YN No Construction Materials Brick Parking Features On Street Parking Total 0 Road Frontage Type City Street Stories Total 3

Interior Features

Cooling Other Heating Other

Property Features

Building Area Total 15317 Building Features Elevator(s) Land Lease YN No Leasable Area 50 Lease Considered YN No Lease Term 12 Months Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional Property Sub Type Mixed Use Property Sub Type Additional Mixed Use Tax Annual Amount 5411.28 Tenant Pays None Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected Zoning Description C-1

Southwest MLS] logo Listing courtesy of Keller Williams Realty: (505) 897-1100. © 2026 Southwest Multiple Listing Service, Inc.


IDX information © 2026 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 Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2026-09-14T13:05:08.77.
 
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Rush Real Estate Group | Realty One of New Mexico
8500 Menaul Blvd. NE, Suite A-240
Albuquerque NM, 87112