393 Terrace Avenue

Chama, NM
$ 975,000 Beds 0 Baths 0 Sq 11,980
Monthly Estimate* How much can I afford?

This historic restaurant, hotel and saloon dates back to the late 1800's and is an icon in downtown Chama NM. Located directly across from the Cumbres and Toltec Scenic Railroad yard, this is a local favorite and a "must" stop for tourists in the area. Visitors from across the world have graced this historic property for over a century. The entire package, offers a hospitality package like no other offered in the Chama area.

Commercial

  • Price
  • $ 975,000
  • Lot Size
  • 0.4 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 11,980
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Chama
  • Taxes
  • $ 2252
  • County
  • RIO ARRIBA
  • Style
  • Area
  • Chama
  • MLS#
  • 202103423
  • Zip
  • 87520
Listing Provided by: Melissa J Clark with United Country N New Mexico RE.
Data Source: Santa Fe AOR (SFAR) - 152 - NM

Features

General

Bank Owned No
Building Use Commercial, Downtown, Hotel/Motel/Hospitality, Restaurant
Class COMMERCIAL BUILDING
Construction Adobe, Frame, Rock
Extras Basement, Disabled Access, Fire Alarm, Kitchen Area, Outside Storage, Restrooms, Security System, Swamp Cooler
Gas Y/N Natural
Lease Type Other - See Remarks
Listing Area 41-Chama
Possession Upon Funding
Price Per Sq Ft 81.39
Property Description This historic restaurant, hotel and saloon dates back to the late 1800's and is an icon in downtown Chama NM. Located directly across from the Cumbres and Toltec Scenic Railroad yard
Roof Metal - Corrugated, Metal - Propanel
Showing Instructions 24 Hour Notice, Agent Present
Status Active
Status Active
Tax Year 2021
Tenant Pays Other - See Remarks
Terms Cash, Conventional
Type Multi/Mixed Use
Water City, Well - Private
Zoning Historic

Interior Features

Electricity Public

Exterior Features

Lot Sq Ft 17424
Parking Facilities Street Parking
Sewage City

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the White Rock, NM office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/3/2021 Listed $975,000

Property vs Zip Code Average in 87520

Price
AVG $860K
$980K
Taxes
AVG $2,519
$2,252
Visits
AVG 7
12
Walkscore
AVG 20
30
Data Provided by Walkscore ® not using MLS data

Map

393 Terrace Avenue Chama, NM is a Single Family Home for sale at $975000 with 11980 sqft and a lot size of 0.4 Acres Acre(s). 393 Terrace Avenue Chama has 0 bedrooms, 0 baths . The property's zip code is 87520 which is in Chama, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.