The median home value in Red River, NM is $307,450.
This is
lower than
the county median home value of $387,500.
The national median home value is $308,980.
The average price of homes sold in Red River, NM is $307,450.
Approximately 23% of Red River homes are owned,
compared to 9% rented, while
68% are vacant.
Red River real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Red River real estate agent to arrange a tour today!
Learn more about Red River.
Prime Location in Red River, NM! This property is located on Main Street next to busy Brandenburg Park in the center of walkable Red River and is a clean slate for business or development. Previously the space has been used as a OHV rental office, restaurant, retail and arcade/amusement facility. There is a small outbuilding setup for onsite housing in the back. Come work, live and play in Red River! Main Street Red River hosts 400,000-500,000 tourists annually for Main Street shopping, dining, events in neighboring Brandenburg Park, skiing and other outdoor recreation. 105 E Main has it all with Main Street frontage, Brandenburg Park frontage and adjacent to the Municipal parking lot. Call to take a tour today!
Welcome to the heart of downtown Red River, where an exceptional commercial building presents a unique investment opportunity. Situated in a prime location, this building boasts convenience, versatility, and income potential. With its prominent downtown position, this commercial gem offers two distinct lease spaces on the lower floor, currently housing the esteemed Hillcrest Bank and the popular Taos Mountain Outfitters. These established tenants not only provide consistent rental income but also contribute to the vibrant atmosphere of the area. The upper floor of the building is truly a hidden treasure, featuring two exquisite 3-bedroom, 2-bathroom apartments. Impeccably designed and well-appointed, these apartments are primed for harnessing significant income as sought-after vacation rentals. The picturesque surroundings of Red River, coupled with the stylish and comfortable accommodations, ensure a memorable stay for visitors seeking a memorable mountain getaway. Location is the hallmark of this property. Centrally situated, it offers easy access to a plethora of outdoor activities, entertainment, and dining options. From skiing and fishing to unwinding at local bars and indulging in culinary delights at nearby restaurants, everything is just a stroll away. The charm of downtown Red River is at your fingertips, inviting both tenants and guests to immerse themselves in the vibrant culture of this picturesque mountain town. For those with a discerning eye for investment, this property represents a golden opportunity. Don't miss your chance to own a prime piece of real estate in one of Red River's most coveted locations.
