503 Terrace Avenue

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  • Price: $524,900
  • MLS: 202503846
  • Status: Active
  • Type: Retail
  • Acres: 0.14
  • Area: 41-Chama
  • Total Sqft: 0

Property Description

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 Information

  • Type Retail
  • Days On Market 26
  • Parking FeaturesOn Street
  • UtilitiesElectricity Available
  • Construction MaterialsFrame
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 Sotheby's International Realty are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.

Presenting Broker

Roxanne Apple
(505) 660-5998
Sotheby's International Realty ®
Email Broker

Neighborhood Info

Abiquiu Area

“It is not a country of light on things -it is a country of things in light.”
Georgia O’Keeffe

About 60 miles north of Santa Fe, Abiquiu and surrounding communities of El Rito, Gallina, Ojo Caliente and Chama to the north are some of the most beautiful landscapes New Mexico has to offer.

Listing Broker

IDX listing
Christopher Dennison
United Country N New Mexico RE