Turn-Key B&B, Restaurant, Retreat & Lodge Investment Opportunity
$880,000
3658 Ice Caves Road, Ramah, NM 87321
3.1 acres
Lot Area
Details:
Highlights:
- Turn-Key Hospitality & Restaurant Improvements
- Restaurant & Bar Area with Small Stage — Ideal for live music, events, and destination dining
- All FF&E Included: Pizza Oven, Refrigeration, Tables, Chairs, Stools & Equipment
- Large Conference / Gathering Room with Shower & Balcony AccessPotential to convert into second lodging suite
- Separate Owner Suite / AirbnbIncludes Updated Kitchen, Bathroom, Living Room, Bedroom & Private Balcony
- Washer & Dryer On-SiteOutdoor Amenities
- 4 RV Sites with Water & Electric Hookups
- BBQ Facilities, Picnic Areas & Outdoor Dining
- Exceptional Dark-Sky Environment with World-Class Stargazing
- Horse Stables
- Multi-Purpose Shop Space Ideal for woodworking, equipment maintenance, or storage Existing Business & Revenue Streams
- Proven Bed & Breakfast Retreat Business
- Established Website, Booking Systems & Social Media Presence
- Multiple Revenue Opportunities:
- Lodging, Retreats, Events, Restaurant
- RV StaysOutdoor Recreation & Hunting Tourism
- Located in New Mexico Game Management Unit 12
- Adjacent to Cibola National Forest
- Abundant Elk, Mule Deer, Black Bear & Turkey
- Eligible for NM Elk Landowner System
- Potential Guided Hunt Revenue: – Elk Hunts: $3,000 – $8,000+ per hunter – Mule Deer Hunts: $1,500 – $3,500 per hunter – Bear Hunts: $2,500 – $5,000 per hunter – Multi-Species Packages: Premium pricing opportunities Area Demographics (5-Mile Radius)
- Population: 816
- Average Household Income: $88,460
- Daytime Employees: 286
- ±1600 SF Commercial Building (Buyer to Verify)
- ±3.1 Acres – Zoned Commercial
- Frontage on Highway 53 / Ice Caves Rd with ±1,082 Vehicles Per Day
- Dedicated Turn Lane & Ingress/Egress from North Property Line
- Ample On-Site Parking
- Utilities On-Site: Water, Sewer, Propane & Electricity
- Reliable Internet & Cell Coverage
Description:
Turn-Key B&B, Restaurant, Retreat & Lodge Investment Opportunity
Located in the scenic El Morro Valley within the Ramah Navajo region of western New Mexico, this ±4,998 SF commercially zoned property on ±3.1 acres presents a rare turn-key hospitality, restaurant, and outdoor recreation investment opportunity along Highway 53 / Ice Caves Road (±1,082 VPD) with excellent frontage, a dedicated turn lane, and ample on-site parking. The property is currently operating as a proven bed & breakfast retreat business with established website, booking system, and social media presence, and is being offered with all FF&E including pizza oven, refrigeration, tables, chairs, bar equipment, and restaurant furnishings. The main building features a restaurant and bar area with a small performance stage, creating an ideal setting for live music, community events, and destination dining, while a large conference room with shower and front balcony access overlooking the valley provides additional flexibility and could easily be converted into a second lodging suite or private event space. A separate owner suite / Airbnb with updated kitchen, living room, bedroom, and private balcony offers on-site living or additional rental income. Outdoor amenities include four RV sites with water and electricity hookups, BBQ and picnic areas, horse stables, and a multi-purpose shop space suited for woodworking, equipment maintenance, or storage, allowing for a wide range of operational uses. The property also benefits from reliable internet and cell service, full water, sewer, propane, and electric utilities, and is located in a remarkable dark-sky environment known for exceptional stargazing, making it highly attractive for retreats and tourism. Positioned adjacent to Cibola National Forest within Game Management Unit 12, the property offers significant upside through outdoor recreation and hunting tourism, including opportunities to host elk, mule deer, bear, and turkey hunting groups, with potential guided hunt packages generating substantial seasonal revenue. With 5-mile demographics including ±816 residents, average household income of $88,460, and ±286 daytime employees, combined with steady tourism traffic visiting nearby El Morro National Monument and the Ice Caves & Bandera Volcano, this offering presents a unique opportunity to acquire an established hospitality destination with multiple income streams and expansion potential in one of New Mexico’s most scenic and recreation-rich regions.
Documents:
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Ramah_Ice_Caves_Rd_FLYER__3-25-26_compressed.pdf
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Location
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