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.