393 S. Terrace Avenue, Chama, NM 87520

  • $999,000
  • 230 Days on site
  • Beds: n/a
  • Baths: n/a
  • 4,100 sq ft
(575) 756-1678
Listing Agent: Robert Delahunt

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Historic Chama landmark....The Fosters Hotel Restaurant & Bar is the oldest structure in the Village of Chama. Built in 1881, this charming adobe building includes a hotel operation with 8 existing rooms & the possibility with renovation of 14 additional rooms. There is a restaurant which seats up to 30 patrons. The historic bar is a popular watering hole and tourist attraction, the bar itself is from the late 1800's. This establishment comes with a New Mexico liquor license. Furnishings, fixtures, linens & most inventory is included. There are 3 rental apartments; 2 efficiency & 1 two bedroom apartment. There is a free standing commercial rental that is currently used a a beauty salon. Rentals are fully occupied for additional income. This facility also comes with a conference room that can handle up to 175 people for specialty events. Located across the street from the historic Cumbres & Toltec Scenic Railroad. This facility has outdoor seating and an outdoor balcony for patrons to enjoy views of the railroad yard. This is an excellent location to take advantage of the tourist traffic associated with the railroad and other activities offered by this quaint northern NM mountain village. Imagine owning a piece of the history of the west this would be a great property to own, live in, and enjoy sharing with like minded history buffs. This is a once in a life time opportunity come and take a look at this unique and very special property. You'll be glad you did. Click here to learn more about this listing.

  • MLS ID# 201603872
  • Year Built: 1881
  • 230 Days on site
  • Beds: n/a
  • Baths: n/a

Listing Details

Lot Size
Approximately 17424 square feet
Paved or Surfaced
Tax Amount

Local Info

Median Household Income
Median Years In Residence
Median Homeowner Age
Households with Children
Percent of Homes Rented

Nearby Elementary Schools

182 North Pine Ave
Hwy 513
21 County Rd 356

Nearby Middle Schools

181 North Pine Ave
Stateroute 531 1158
21 County Rd 356

Nearby High Schools

Stateroute 531 1158

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.