503 Terrace Avenue

$519,500

1 of 29

503 Terrace Avenue

$519,500

Contact Presenting Broker

    Kelly Allen

    505.603.9161

    kelly allen

    Key Features

    • MLS: 202503846
    • Status: Active
    • Price: $519,500
    • Area: 41-Chama
    • Type: Retail
    • Acres: 0.14

    About this Property

    The Cornerstone Shops - Historic Old Town ChamaOpportunity awaits in the heart of historic Old Town Chama, NM with this versatile retail building, ideally located directly across from the world-famous Cumbres & Toltec Scenic Railroad station. Offering approximately 4,430 square feet, this property provides the perfect setting for retail, dining, or mixed-use ventures.Currently home to a fudge shop, coffee shop, and a retail space featuring outdoor gear and furniture, the building is well-suited for multiple business opportunities. A unique bonus is the upstairs 2-bedroom, 1-bath apartment, making this a fantastic live/work opportunity.Recent improvements include a new roof, new windows, electrical upgrades, fresh paint, and new stucco, giving the property both curb appeal and peace of mind. The building also offers private alley access with a gated entrance, ensuring convenience and security.This listing is priced for the building only, with inventory and equipment available for purchase separately--giving buyers flexibility to step right into a thriving business or create their own vision.With its prime location, historic charm, and versatile spaces, The Cornerstone Shops is a rare find in one of northern New Mexico's most visited destinations.

    Additional Features

    • Type Retail
    • Days On Market 102
    • Parking FeaturesOn Street
    • UtilitiesElectricity Available
    • Construction MaterialsFrame

    Neighborhoods

    Abiquiu Area

    “It is not a country of light on things -it is a country of things in light.” Georgia O’Keeffe Popularly referred to as "O'Keeffe Country" and located about 60 miles north of Santa Fe, Abiquiu and the surrounding communities of El Rito, Youngsville, Ojo Caliente and Chama boast some of the…

    Schools

    Listing Brokerage

    IDX listing

    Christopher Dennison

    United Country N New Mexico RE

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    The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Keller Williams are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.