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Listed by Sasha Emery Duffy · Coldwell Banker Mountain Prop.

Listing provided courtesy of SWMLS # 1019029 · Last updated July 17, 2024, 4:06 pm

Disclaimer: The information contained in this listing has not been verified by R1 Companies and should be verified by the buyer.

2885 NM-14 , Madrid, NM 87010

Price: $1,250,000


3658
Area SQ FT

5
Bed

3
Bath

About This Home

A rare opportunity to own an income producing property in historic downtown Madrid NM! Builtin the late 1800's as a Miners Boarding House this prestigious building now supports a successful grocery store and owner's residence. Brought by rail to Madrid, this beautiful property has been lovingly restored by the current owners. Taking care to preserve the original character, some recent updates include a new roof, 400 amp electrical, newer plumbing and instant hot water. A strong private well equipped with a 1000 gallon cistern and aerator provides a dependable water source. Currently a popular and successful grocery store with owners residence above, the possibilities are limitless. Business is open and advanced notice is required for all showings of the non-public areas.

Status

Pending

property_type

Residential

Area

3658 SQ FT

Built in

1878

Price

$1,250,000

MLS ID

1019029

Interior

Bathroom Information

  • # of Full Bathrooms: 2

Equipment

  • Appliances: BuiltInGasOven, BuiltInGasRange, Dryer, InstantHotWater, Refrigerator, Washer

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Other Features: Attic, CeilingFans, CathedralCeilings, SeparateFormalDiningRoom, FamilyDiningRoom, HighCeilings, LivingDiningRoom

Exterior

Building Information

  • Year Built Details: 100+
  • Roof Details: Pitched,Shingle
  • Construction Details: Frame, WoodSiding

Exterior Features

  • Exterior Features: Courtyard, Storage, PrivateEntrance

Property Information

  • Direction Faces: East
  • Zoning Description: MU-A

Utilities

Utility Information

  • Sewer: SepticTank
  • Water Source: Private,Well

Heating & Cooling

  • Cooling: WindowUnits