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1037 Mechem Dr, Ruidoso
$650,000
134807 MLS
PRIME LOCATION HIGH VISIBILITY ENDLESS POSSIBILITIES!A Contractor's Dream Shop -- Priced to Sell!Looking for the perfect space to bring your business to life? This highly visible commercial building offers an ideal combination of functionality, storage, and convenience in a prime location.Featuring 2 offices, a restroom, a loft, a man cave, and a wood-burning stove, this property has everything you need to work comfortably and efficiently. With 3 roll-up bay doors and plenty of storage space, it's perfectly suited for contractors, mechanics, business owners, or anyone needing room to work, store equipment, and grow.Whether you're looking for a shop, business headquarters, or investment opportunity, this versatile property is full of potential. Owner/Broker

1037 Mechem Dr, Ruidoso

101 Calle El Ojito Rd, Hondo
$689,000
134721 MLS
Step into a truly special property where history, character, and versatility come together. Originally established as the Iris Farm, this unique estate offers a rare opportunity to own a beautifully remodeled 1938 adobe main house accompanied by two additional private casitas, all surrounded by lush gardens, intimate courtyards, and inviting outdoor gathering spaces. The 1938 adobe house blends historic charm with thoughtful updates, creating a warm and comfortable residence with distinctive Southwestern character. Outdoor living is at the heart of this property. Multiple courtyards and garden spaces create private settings throughout the grounds, while a dedicated outdoor covered party area and hot tub provide the perfect backdrop for entertaining.

101 Calle El Ojito Rd, Hondo

1031 Mechem Dr, Ruidoso
$850,000
134640 MLS
Prime commercial investment opportunity in Ruidoso, NM! Ideally located in a high-visibility area, this versatile multi-unit property features six separate units, offering excellent income-producing potential and flexibility for a variety of business uses. Several units are currently occupied by existing tenants, providing the opportunity for immediate rental income, while the remaining spaces offer potential for new tenants or owner occupancy. The multi-unit configuration allows investors to diversify rental income while maximizing the property's commercial potential. Whether you're looking to expand your investment portfolio or establish your own business while generating additional revenue, this property offers a rare opportunity in the desirable Ruidoso market.

1031 Mechem Dr, Ruidoso

25912 Us Hwy 70, Ruidoso
$895,000
134452 MLS
Exceptional commercial opportunity on highly traveled US Hwy 70 in the heart of Ruidoso, NM. Located between the Elks Lodge and Twin Spruce RV Park, this high-visibility property offers excellent frontage, convenient access, and established utility infrastructure. Its prime location and flexible potential make it an outstanding candidate for redevelopment, repositioning, residential living or a visionary commercial project designed to maximize the site's highest and best use. Whether you're seeking a signature location for a new venture or a property with long-term upside in one of Ruidoso's busiest corridors, this is a rare opportunity to invest in a highly visible asset with future development potential. Please see Notice in regards to a portion of the land being affected by prior flood.

25912 Us Hwy 70, Ruidoso

104 Aspen Dr, Capitan
$449,000
134412 MLS
Capitan Estates Mobile Home & RV Park - Excellent investment opportunity with this established 20-space mobile home and RV park situated on 18+/- acres with exceptional visibility and easy year-round access from Hwy 48. The property is served by underground utilities, Capitan water, and four septic systems, offering reliable infrastructure and low-maintenance operation. Stable occupancy provides immediate income, while value-add potential exists through rental increases, operational improvements, and expansion. An adjacent vacant parcel, included in the sale, offers additional development opportunities, making this a rare chance to own an income-producing property with significant upside in a highly accessible location.

104 Aspen Dr, Capitan

26154 Us-70, Ruidoso Downs
$750,000
134275 MLS
Bestway Inn is a well-maintained updated lodging property in Ruidoso Downs offering 21 guest rooms plus a 2-bedroom apartment, creating multiple revenue and operational opportunities. Current owners of 15 years. The room mix includes 8 rooms with one bed, 12 rooms with two beds, and 1 room with three beds, allowing the property to accommodate a variety of traveler needs, from solo guests to families and groups. The attached 2-bedroom apartment, located just off the lobby, is ideal for an on-site owner or management team, helping streamline operations and guest service. Alternatively, the apartment could be rented separately to generate additional income. This property offers investors and owner-operators a turnkey hospitality opportunity with flexible use options and upside potential

26154 Us-70, Ruidoso Downs

1228/1230 Mechem Dr, Ruidoso
$845,000
134054 MLS
Prime Commercial Space on Mechem Drive - Great Location and Visibility: 1228 Mechem Dr. is under a long-term lease with Nmed.1230 Mechem Dr has prominent frontage on Hwy 48 (Mechem Dr), attracting high daily traffic. The site offers ample parking and a flexible layout for various business types. Zoned C-2 (check with Ruidoso Village), it's near major retailers, dining options, and professional services, creating a lively neighborhood vibe. Located in the heart of Ruidoso's main commercial area, this prime property provides excellent visibility and easy access for locals and tourists alike. An excellent chance to grow your brand in this vibrant mountain town, ideal for boutiques, professional offices, or specialty services.

1228/1230 Mechem Dr, Ruidoso

107, 113 Main Rd, Ruidoso
$3,650,000
133822 MLS
Shadow Mountain Lodge & Cabins, Ruidoso's most beloved lodge is ready for new owners. Located at the mouth of the beautiful Upper Canyon SML stands out as something special. The exterior is warm and inviting with all cedar wood siding, new metal roof, an expansive deck and gorgeous gardens. This is a well kept, well established business with a significant repeat customer base. The property consists of 19 lodge suites, 4 romantic whirlpool cabins, housekeeping/ maintenance room and an office with living quarters or additional 2 bedroom rental. The Lodge suites have all recently experienced a major renovation with features only fine lodges offer. The cabins are simply spectacular and offer a complimentary quality to the operation. Ruidoso is a quaint tourist town with plenty to offer

107, 113 Main Rd, Ruidoso

215 Main Rd, Ruidoso
$2,850,000
133821 MLS
Upper Canyon Inn & Cabins, Ruidoso's most romantic lodging. The property has undergone major renovations with the vision of hosting the perfect romantic getaway. Whirlpool suites, fireplaces, kitchenettes and the charming mountain decor have grown the occupancy over the past few years and has many returning guests. The property consists of 10 whirlpool suites, 3 romantic cabins with amazing custom woodwork, 2 two bedroom cabins and the Tree House, a four story 4 bedroom cabin that can be used as a residence or cabin rental. The grounds are well kept with a large green space and the property sits across from the Rio Ruidoso in the historic Upper Canyon. This is a great investment opportunity as well as a great place to bring up a family or retire from the city.

215 Main Rd, Ruidoso

1182 Calle La Placita, Lincoln
$498,000
133721 MLS
As we celebrate our 250th anniversary , you could own a piece of history yourself as seen in AARP's June/July Magazine.This property in the Registered Historical district of Lincoln, NM consists of a 2906 sq ft Ranch House that has 3-BR, 3.5-BA and sits on approximately 2.31 acres with senior water rights. It was completely renovated in 1981, and is now known as ''The Old Trail House'' with lots of possibilities. If you are looking for rental income, two of the bedrooms are large private suites, can be separated from the main home, have their own entrances.These spaces could also be used in a multi-generational setting, possible Bed & Breakfast, Artist studios, etc. With stunning mountain views and peaceful setting, this property also could serve as a stunning wedding venue.

1182 Calle La Placita, Lincoln

26554 Us-70, Ruidoso Downs
$2,500,000
133699 MLS
THIS UNIQUE COMMERCIAL PROPERTY IS LOCATED ON 2.69 ACRES IN RUIDOSO DOWNS, NM, OFF U.S. HWY 70. LOTZA STUFF IS CURRENTLY OCCUPYING THE PROPERTY. THE PROPERTY IS COMPRISED OF 4 SEPARATE METAL BUILDINGS. THE FIRST BUILDING IS 10,000 SQFT WITH EVAP AC, 1-1/2 BATH AND APPROX 14 FT CEILINGS. OWNERS HAVE ADDED A 1,500 SQFT PLANNED ESCAPE ROOM. THE EXPANSION IS ABOUT 75% COMPLETE AND INCLUDES 2-1/2 BATHROOMS, 7 ROOMS AND HAS REF AC. THE SECOND BUILDING IS 9,900 SQFT WITH REF AC, 1-1/2 AND APPROX 16 FT CEILINGS. THE TWO REMAINING BUILDINGS CONSIST OF 20-10'X12' RENTAL STORAGE UNIT AND A 20-1O'X20' RENTAL STORAGE UNIT. ALLOW YOUR DESIGN CELLS TO RUN WILD WITH ALL THE POTENTIAL USES FOR THIS COMPLEX. OWNER WILL CONSIDER CARRYING A NOTE.

26554 Us-70, Ruidoso Downs

139 El Paso Rd, Ruidoso
$1,990,000
133612 MLS
Discover a premier investment opportunity in the heart of Ruidoso, NM. This versatile multi-use commercial property offers unmatched potential with a high-visibility retail or office storefront. The expansive site includes two dedicated residential units, perfect for owner-occupancy or rental income. The property also features a storage building and an additional multi-purpose structure, providing ample room for expansion, workshops, or specialized services. Whether you envision a boutique, a professional hub with on-site housing, or a creative compound, this rare find adapts to your vision. completely remodeled inside and out, Large paved parking lot and fully fenced/gated. Don't miss this chance to own a flexible asset in a thriving mountain community.

139 El Paso Rd, Ruidoso

107 El Paso Rd, Ruidoso
$990,000
133604 MLS
The Nob Hill Lodge located at the Gateway to Ruidoso is an iconic redevelopment and investment opportunity in the proximity of Lincoln County Medical Center, hotels, restaurants and commercial businesses just off HWY 70. Abundant possibilities exist with the 'finish to suit' to hospitality, apartment living, office and various use of 16 unit with office and management quarters. Recently replaced windows throughout, decking, roof, exterior stucco, plumbing, sewer electrical, HVAC Infrastructure has been recently replaced to approved permits and architectural renderings. The Nob Hill Lodge is a unique opportunity to complete a well situated redevelopment project . Ruidoso, NM is a outdoor recreation , sports and tourism destination in south central New Mexico.

107 El Paso Rd, Ruidoso

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