1301 Main St Red River, NM 87558
Property details
About 1301 Main St
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. If you've ever wanted to own and operate a lodge in a beautiful ski town here is your opportunity! The property is on city utilities Keyless Entry to all rooms On site laundry room for owner or property manager All nonsmoking rooms Smart TV's in all rooms with $6000 upgraded internet infrastructure Four cleaners and one property manager who would like to stay on with sale if buyer desires Mountain view lodge is listed and promoted on the internet under their name plus other popular travel sites Majority of room windows are 2023 Pella Room furnishings upgraded in 2022 Backside gutters with heattape 2023 Electrical upgraded 2022 Owner's suite upgraded 2023 Firepits and seating added 2022 This property was purchased only 2 years ago and brought from completely vacant with no marketing and not producing to a 47% annual occupancy rate and marketed across all platforms (Company website, Expedia, Airbnb, Hotel.com, Bookings, VRBO, etc) . It was a startup operation for the buyers with large capital input that has exceeded the growth time expected. There is still a ton of potential in this property to grow.
Highlights
Summary
- Basement: No
- Interior: Interior Steps
- Architectural Style: Multi-Level
- Heating: Baseboard, Ductless, Electric
- Cooling: Evaporative Cooling
- List Price: $1,425,000
- Directions: In Red River
- Year Built: 1950
- Lot Size: 0.19 Acres
- MLS Number: 202501268
- MLS Name: SFAOR
- Office Name: Coldwell Banker Legacy 8200
- Office Phone: (505) 292-8900
- Listing Agent: Nikki Bronstorp
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Last updated on: 5/11/2025, 1:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,425,000
1301 Main St
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
8
Eagle Nest Elementary School
Public District PK-4
14.2 mi
•132 North Collison
4
Arroyo del Norte Elementary School
Public District KG-5
16.1 mi
•405 Hondo Seco Rd
3
Enos Garcia Elementary School
Public District PK-5
22.4 mi
•305 Don Fernando St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,296. Most Red River, NM residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Hunting
Figure Skating
Where do the neighbors shop?
Dollar General
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Ram
Oldsmobile
What do the neighbors listen to?
Classic Country
Oldies
New Country
Frequently asked questions
About 1301 Main St
The listing price of 1301 Main St property is $1,425,000.
The property 1301 Main St is a condo located in Red River, New Mexico, 87558.
Active Listing: 1301 Main St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1301 Main St are: Eagle Nest Elementary School (GreatSchools Rating 8/10), Arroyo del Norte Elementary School (GreatSchools Rating 4/10), Enos Garcia Elementary School (GreatSchools Rating 3/10), Red River Valley Charter School (GreatSchools Rating 6/10), Questa Jr High School (GreatSchools Rating 4/10), Alta Vista Intermediate School (GreatSchools Rating 3/10), Questa High School (GreatSchools Rating 5/10), Moreno Valley High School (GreatSchools Rating 6/10), Taos High School (GreatSchools Rating 4/10).
The property at 1301 Main St has 0 bathroom.
The year of construction for 1301 Main St is 1950.
This home is located at 1301 Main St in Red River, NM and zip code 87558. Features: 0 bathroom. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $1,425,000.