The median home value in Chama, NM is $215,000.
This is
higher than
the county median home value of $164,900.
The national median home value is $219,700.
The average price of homes sold in Chama, NM is $215,000.
Approximately 38% of Chama homes are owned,
compared to 16.34% rented, while
45.66% are vacant.
Chama real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Chama real estate agent to arrange a tour today!
We are pleased to present a distinguished investment opportunity in a highly sought-after location. This offering memorandum outlines the details of a unique property that combines strategic positioning, robust income potential, and compelling market dynamics. It represents not just an investment in real estate, but a stake in the community's growth and prosperity. This remarkable property boasts over 4,450 square feet of versatile space, thoughtfully designed to accommodate a range of commercial uses. Sitting on a sprawling 1.27 acres of prime land, it offers expansive outdoor areas for additional development, parking, or landscaping, enhancing the overall value and appeal of the investment. Versatile Space: With over 4,450 INTERIOR AND OVER 1,000 SQ. FT. of outdoor seating and adaptable space, the property is ideal for a variety of commercial endeavors, from retail and office spaces to specialty services, providing a flexible foundation for growth and innovation. The building has had extensive improvements including updated kitchen and trade fixtures, newly remodeled dining hall, bar and seating area, new exterior, and an updated outdoor dining area. Please ask for a list of all upgrades to the property. Expansive Lot: The 1.27-acre lot not only affords ample parking and accessibility but also presents significant opportunities for expansion or redevelopment, allowing investors to maximize their ROI through strategic enhancements or additional constructions. Strong Market Dynamics: The property benefits from its location in a thriving seasonal market, characterized by high demand, limited supply, and favorable tourism trends, promising sustained appreciation and rental income growth.
Recently Update Commercial building with "New" mechanical, flooring, lighting, paint, restroom, and cabinets. Plenty of parking space and a front deck. Highway frontage with high traffic. Basement is finished and approximately 800 sq ft in size. Utility service is private well, natural gas, public electric and sewer.
Welcome to this stunning 3 bedroom, 3 bathroom, 2-story home with commercial property, situated on 6 acres of picturesque land between Chama and Tierra Amarilla in Northern NM. This property offers a perfect blend of modern living and commercial convenience, making it an ideal investment opportunity for those seeking both residential and commercial spaces. As you enter the gated property, you will be greeted by the majestic mountain views and the serene surroundings. The property's excellent visibility from highway 64/84 offers great exposure for commercial purposes. The house, office, and shop building on this property are all well-maintained and offer ample space for various commercial activities. The house features three spacious bedrooms and three bathrooms, providing comfortable living for families or groups of friends. The large utility room with an entrance is an added convenience that makes this property even more appealing. The wood stove, pellet stove, and radiant heat keep the house cozy and warm during colder months. The commercial space on this property includes an office and a shop building, which offer endless possibilities for various commercial activities. The six-acre lot offers plenty of space for outdoor activities, including gardening and outdoor recreation. This property is an excellent opportunity for someone looking for a place to call home while also having the convenience of a commercial space.