1301 Main Street, Red River, NM 87558

Local realty services provided by:ERA Sellers & Buyers Real Estate
1301 Main Street,Red River, NM 87558
$1,299,999
  • 4 Beds
  • 4 Baths
  • 7,000 sq. ft.
  • Multi-family
  • Active
Listed by:jason b taylor
Office:coldwell banker legacy
MLS#:1072539
Source:NM_SWMLS

Price summary

  • Price:$1,299,999
  • Price per sq. ft.:$185.71

About this home

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 up to $300k. If you've ever wanted to own and operate a lodge in a beautiful ski town here is your opportunity!

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Home facts

  • Year built:1950
  • Listing ID #:1072539
  • Added:344 day(s) ago
  • Updated:September 20, 2025 at 02:23 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Living area:7,000 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1950
  • Building area:7,000 sq. ft.
  • Lot area:0.19 Acres

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,299,999
  • Price per sq. ft.:$185.71
  • Tax amount:$3,459