612 Terrace Ave, Chama, NM 87520 - Rio Arriba County

Opportunity to Own an Income-Producing Property in Historic Downtown Chama A Prime Investment Near the Cumbres Toltec Railroad Nestled in the heart of historic downtown Chama, this versatile property offers a unique opportunity to own an income-producing asset. Situated near the renowned Cumbres Toltec Railroad, the location is ideal for attracting tourists and locals alike. With a rich history of diverse uses, including a candy shop, a bookstore, and a furniture store, the possibilities for this property are endless. Property Details Unit A: The largest of the three units, Unit A spans approximately 2,000 square feet. This unit features an 800 square foot room in the back, equipped with a roll-up door, making it perfect for accessing deliveries or creating a workshop. The unit also includes office space and a large showroom, previously utilized as a furniture shop. The adaptable layout and size make it perfect for a gym or studio gallery shops, subject to town approval. Unit B: Unit B, approximately 500 square feet, has a charming history as a candy store. This unit consists of one large room, offering a cozy and inviting space for a specialty shop or an intimate studio. Its compact size makes it an excellent option for a small business looking to establish a presence in a bustling historic district. Unit C: Spanning approximately 1,500 square feet, Unit C was once a beloved bookstore. This unit boasts a large showroom, a separate reading room, and a storage room, providing ample space for various business ventures. The layout is ideal for a boutique, gallery, or even a community-oriented space such as a co-working hub or educational center. Key Features • Three units with a total area of 2,000 square feet, 500 square feet, and 1,500 square feet respectively • Large windows on the street front, offering excellent visibility and natural light • Covered entry, enhancing the property's curb appeal and protecting visitors from the elements • 1/2 baths in each unit, ensuring convenience and comfort for patrons • Off-road parking, providing ease of access for customers and staff • Nicely landscaped front, contributing to the overall aesthetic and charm of the property Investment Potential This property is a prime investment, offering multiple income streams from three separate units. The historic downtown location near the Cumbres Toltec Railroad ensures a steady flow of foot traffic, making it an attractive prospect for businesses catering to tourists and locals. The diverse potential uses, from retail to fitness to community spaces, provide flexibility for investors to adapt to market demands. In conclusion, this historic downtown property in Chama presents a remarkable opportunity for those looking to invest in a diverse and income-producing asset. With its prime location, versatile units, and rich history, the possibilities are abundant for creating a thriving business in this charming and bustling area. Whether you envision a gym, gallery, specialty shop, or community space, this property is ready to fulfill your entrepreneurial dreams.

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