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Turn-Key B&B, Restaurant, Retreat & Lodge Investment Opportunity

3658 ICE CAVES RD, Ramah, NM 87321
Available Now
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FOR SALEHospitality / Hotel
Building Size
4,998SF
Parking Info
20 Spaces
Lot Size
3.1ac
Zoning
Commercial
Tenancy
Single Tenant
Currently Leased
No
Listing Contacts
Vice President
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AI Property Insights
Distilled from listing data, documents and public records · 30-second read

Turn-key hospitality, restaurant, and retreat property in Ramah, New Mexico, offered at $850,000. Situated on 3.1 acres at approximately 7,000 feet elevation in the scenic El Morro Valley, the 4,998 SF two-building complex features a 60-seat restaurant and full bar with performance stage, private owner's suite and Airbnb, multi-use retreat room, 7 RV sites with water and electric hookups, and 3 owned RV units for short-term rental income. All FF&E—pizza oven, refrigeration, bar equipment, and furnishings—is included. The property sits on Highway 53 with 1,082 VPD traffic, dedicated turn lane access, and commercial zoning.

The front building houses the primary hospitality hub with dining, bar, and event space; the rear building offers flexible workshop/shop space and an elevated 40' x 14' outdoor stage structure. A rear acre supports festival and concert use, primitive camping, retreat gatherings, farming, horse stables, or animal facilities. Infrastructure includes well and septic, leased propane, reliable internet and cell coverage, and radiant floor heating upstairs with pellet stove downstairs. The property benefits from an exceptional dark-sky stargazing environment and sits adjacent to Cibola National Forest within Game Management Unit 12, offering strong hunting tourism potential for elk, mule deer, bear, and turkey. Nearby attractions include El Morro National Monument, Ice Caves, and Bandera Volcano. The 5-mile trade area includes approximately 816 residents, average household income of $88,460, and 286 daytime employees, with steady tourism traffic from regional attractions.

Why it works
  • Turn-key operation with all FF&E included; immediate hospitality and event revenue potential
  • Multiple income streams: restaurant/bar, Airbnb lodging, RV park with 3 owned units, retreat and event space
  • Adjacent to Cibola National Forest and Game Management Unit 12; strong hunting tourism upside
  • Exceptional dark-sky stargazing environment and proximity to El Morro National Monument, Ice Caves, and Bandera Volcano
  • 3.1-acre parcel with rear acre expansion potential for festivals, concerts, and outdoor events
  • Highway 53 frontage with 1,082 VPD traffic and dedicated turn lane access
AI-generated. Verify figures, lease terms & zoning before relying on them.

More property details

Investment
Opportunistic
Sale Type
Traditional Sale
Property Status
Ready To Use
Property Class
N/A
No of Buildings
2
No of Stories
2

Features & amenities

Unit Amenities
Kitchen
Outdoor space
High Ceilings
Site Amenities
Conference rooms
Dining Area
Outdoor space
Storage Facilities
Location Amenities
Airport
Restaurants
Public Transportation
Hospitality Features
Performance stage for live music
Bar area
Private balconies with scenic views
Dark-sky stargazing environment
Elevated outdoor stage structure

Location

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Turn-Key B&B, Restaurant, Retreat & Lodge Investment Opportunity
About the location

Located in the scenic El Morro Valley within the Ramah Navajo region of western New Mexico at approximately 7,000 feet elevation. The property sits adjacent to Cibola National Forest within Game Management Unit 12, near El Morro National Monument, Ice Caves, and Bandera Volcano. The area offers a rare combination of scenic beauty, geological significance, cultural richness, and strong tourism appeal.

Location highlights
  • Highway 53 / Ice Caves Road frontage with ±1,082 VPD traffic count;
  • dedicated turn lane access; adjacent to Cibola National Forest; near El Morro National Monument and Ice Caves & Bandera Volcano; exceptional dark-sky stargazing environment

Documents

PDF
3658-flyer.pdf
1.75 MB · Listing document

Additional details

Traffic Count
±1,082 VPD on Highway 53 / Ice Caves Road
Elevation
approximately 7,000 feet
Expansion Potential

Rear acre available for festival/concert use, outdoor stage events, primitive camping, retreat gatherings, farming, agricultural operations, horse stables, or animal facilities

Heating System
Radiant floor heating upstairs; pellet stove heating downstairs
Water System
Well & septic
Propane
Leased
Internet
Reliable internet & cell coverage
Nearby Attractions
  • El Morro National Monument (petroglyphs and inscriptions)
  • Cibola National Forest (hiking, camping, hunting)
  • Ice Cave and Bandera Volcano (El Malpais National Monument)
  • Zuni Pueblo and Ramah Navajo community cultural presence
Hunting Opportunities

Game Management Unit 12 with elk, mule deer, bear, and turkey hunting access; potential for guided hunt packages

Legal Disclaimer

The information contained herein was obtained from sources deemed reliable; however, Berkshire Hathaway NM Commercial Real Estate makes no guaranties, warranties or representations to the completeness or accuracy thereof. The presentation of this real estate information is subject to errors; omissions; change of price; prior sale or lease; or withdrawal without notice.

Demographics 5 Mile
Population
816
Average Household Income
88,460
Daytime Employees
286
Building Configuration
Front Building

Primary hospitality hub with restaurant, bar, performance stage, multi-use retreat room, and owner's suite/Airbnb

Second Building

Multi-purpose workshop/shop space with elevated 40' x 14' stage/balcony structure and outdoor gathering space

Rv Park Details
Total Sites
7
Owned Units
3
Utilities
Water & electric hookups
Turn-Key B&B, Restaurant, Retreat & Lodge Investment Opportunity
4,998 SF · hospitality · Ramah · NM
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