MLS# 103425

$1,475,000 - 421 River Street, Red River, NM 87558



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$1,475,000

421 River Street
Red River, NM 87558

Type
Land Building
Zoning
General Commerc
Status
Active
Lot Size
0.50 Acres
List Date
5/24/2019
MLS#
103425
Size
0 SqFt

Description

This beautiful 3 story bed and breakfast is located on 1/2 acre on the river within the town limits of Red River. The three story property features 7 bedrooms and 7 full baths and 2 1/2 baths. The Master or Owner's suite is located on the ground floor with his and her's full bathrooms. Each room has a private bath, most with a steam shower. The top-floor rooms have balconies furnished with outdoor seating and firepits. There is an oversided indoor hot tub on the ground floor. The property also offers a 1,000 square foot game room complete with a pool table, shuffleboard, ski ball, and card tables and chairs. There are several conversation areas, reading nooks, outdoor seating and a river-side firepit. The large kitchen is perfect for catering to large groups with a commercial refrigerator/freezer, two double sinks, two dishwashers, a 6 burner gas cook-top, double oven, under counter ice maker and warming drawers. There is a large laundry room with an outside entrance and snow grate for skiers. This area is furnished with a washer and dryer and boot driers. Other amenities include an elevator, heated driveway, 3 car garage with additional parking, 4 storage attics with attic fans, a 140 KW generator and commercial grade plumbing and electrical equipment. There is an adjacent 6500 square foot building that is ready for expansion. Architecural drawings are available for 4 additional condos with an additional potential income of $80,000 to $100,000 per year. The property is selling furnished and is currently being used as a nightly rental and a very popular wedding and meeting venue. Located on the river, just a one minute walk to the Copper Ski Lift and most retaurants and shops, makes this a very desirable location and propery.


Courtesy of Calhoun Real Estate, 575-754-2953




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