$242,000

341 9th St Cimarron, NM 87714

Estimated payment $1,416/month

Total Views 3,242
0.2 Acre
$1,210,000 Price per Acre
8,712 Sq Ft Lot

Highlights

  • Wood Burning Stove
  • Landscaped
  • Wall Furnace

About This Lot

Own a piece of New Mexico “Old West” history with this charming live-work historic building in the heart of downtown Cimarron on walkable 9th Street. This building was the original pharmacy and post office for Cimarron back in 1910. Currently operating as an art gallery and gift emporium with an attached owner’s suite, this property offers a unique blend of historic character and modern versatility. Featuring 11-foot vaulted ceilings in the gallery, 9.25-foot ceilings in the living quarters, expansive storefront windows, beautiful wood floors, ample parking for owners and guests, and space for gardening and relaxation, this property is full of possibilities. The flexible layout makes it ideal for a retail store, office, gift shop, and the ability to expand the owner’s suite or use it as an Airbnb with additional income potential. There is even an RV hookup in the back for visiting guests. A property of this size, condition, and location at this price is a rare find. With only 50% of the building required for commercial use, buyers have the option to expand the current living quarters by up to 25% more. Additionally, the adjacent lot is set to become a new downtown park, adding even more value to the location. The property is less than a mile from the famous and historic St. James Hotel and Restaurant with the charming Mercantile nearby. Cimarron serves as the gateway for travelers heading to Angel Fire, Eagle Nest, Red River, and Taos, making this a prime opportunity for a business or investment. Old Town Las Vegas with the historic and glorious Castenada Hotel and Downtown Plaza is an hour and thirty minutes away, and Trinidad, Colorado is 55 miles away. Don’t miss out. LOTS of opportunities with this one. This is an active gallery, so please only contact the listing broker directly for any questions and for showings. Schedule your showing today and allow yourself to dream about the possibilities!

Listing Agent

The Walking Rain of Coldwell Banker Mounta

Coldwell Banker Mountain Properties Listed on: 02/16/2025

Coldwell Banker Mountain Properties

Co-Listing Agent

Robbie Puskarich

Coldwell Banker Mountain Properties License #REC 2023 0455

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $947

Year Built

  • Built in 1905

Lot Details

  • 8,712 Sq Ft Lot
  • Landscaped

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Frame Construction
  • Bitumen Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • Wood Burning Stove
  • Security Lights

Utilities

  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$947

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub Type: Building/Land
  • Prop. Type: Commercial Sale
  • Road Frontage Type: City Street
  • Co List Office Mls Id: 10
  • Co List Office Phone: 575-758-8673
  • Subdivision Name: None
  • Year Built: 1905
  • Special Features: None

Exterior Features

  • Exterior Features: Landscaping, RV Parking/RV Hookup, Security Lighting
  • Roof: Bitumen, Flat, Metal
  • Acres: 0.2
  • Construction Type: Brick, Masonry, Other, Stucco, Block, Frame

Garage/Parking

  • Parking Features: Parking Space(s)

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Sewer: Connected
  • Heating: Wood Stove, Wall Furnace
  • Green Building Features: Living Area, See Remarks
  • HeatingYN: Yes
  • Water Source: Public

Lot Info

  • Current Use: Gallery
  • ResoLotSizeUnits: Acres
  • Zoning Description: Central Busines

Rental Info

  • Lease Term: Other

Multi Family

  • Number Of Units Total: 1
  • Existing Lease Type: Other
  • Building Area Units: Square Feet

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $947 $31,405 $2,007 $29,398
2023 $946 $31,405 $2,007 $29,398
2022 $947 $31,405 $2,007 $29,398
2021 $946 $31,405 $2,007 $29,398
2020 $943 $31,405 $2,007 $29,398
2019 $263 $8,740 $1,003 $7,737
2018 $254 $8,740 $1,003 $7,737
2017 $255 $9,405 $1,668 $7,737
2015 -- $9,405 $1,668 $7,737
2013 -- $9,405 $1,668 $7,737
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2025 02/16/25 For Sale $242,000 0.0% $138 / Sq Ft
02/16/2025 02/16/25 For Sale $242,000 -- $138 / Sq Ft
Source: Enchanted Circle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $155,766 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Enchanted Circle Association of REALTORS®

MLS Number: 112865

Enchanted Circle Association of REALTORS®

APN: 763