Prime Downtown Chama Commercial Opportunity! Positioned directly across from the historic Cumbres & Toltec Scenic Railroad, this .16-acre commercial lot offers outstanding visibility in the heart of one of Northern New Mexico's most popular mountain destinations. The renowned steam railroad draws visitors from across the country to Chama, creating seasonal tourism and foot traffic just steps from the property.Surrounded by local shops, restaurants, lodging and downtown attractions, this location offers exciting potential for a variety of commercial uses. Consider a coffee shop, retail storefront, food or beverage concept, tourism-related business, office, or other venture designed to serve both visitors and the local community.Beyond downtown, Chama is a year-round destination known for its spectacular mountain scenery, fishing, hunting, hiking, camping and outdoor recreation. Opportunities to secure commercial land this close to Chama's signature attraction are limited--bring your vision and become part of this unique mountain community!
Lot/land
Price cut: $5K (9/3)
$94,000
555 Terrace Ave, Chama, NM 87520
--beds
--baths
7,405Square Feet
Unimproved Land
Built in ----
7,405 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 67 days
- 48
- 0
Zillow last checked:
Listing updated:
Listed by:
Michael Lizzi 505-449-7003,
Realty One of New Mexico 505-883-9400
Source: SWMLS,MLS#: 1109235
Facts & features
Property
Lot
- Size: 7,405 Square Feet
- Topography: Level
Details
- Parcel number: unknown
- Zoning description: C
Utilities & green energy
- Sewer: Public Sewer, Other, See Remarks
- Water: Public, Other
- Utilities for property: Electricity Available, Other, Sewer Available, Water Available
Community & HOA
Community
- Features: Curbs, Gutter(s), Sidewalks
- Subdivision: NA
Location
- Region: Chama
Financial & listing details
- Annual tax amount: $900
- Date on market: 8/15/2026
- Cumulative days on market: 68 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Price change | $94,000-5.1% |
Source: | ||
| 8/15/2026 | Listed for sale | $99,000-8.3% |
Source: | ||
| 3/21/2026 | Listing removed | $108,000 |
Source: | ||
| 10/20/2025 | Listed for sale | $108,000 |
Source: | ||
| 9/21/2025 | Listing removed | $108,000 |
Source: | ||
| 7/9/2025 | Listed for sale | $108,000-6.1% |
Source: | ||
| 12/9/2024 | Listed for sale | $115,000+62.2% |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/6/2020 | Listing removed | $70,900 |
Source: Owner Report a problem | ||
| 12/4/2019 | Listed for sale | $70,900+2.9% |
Source: Owner Report a problem | ||
| 5/30/2019 | Listed for sale | $68,900 |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.


