Active

2885 Hwy 14

Madrid NM, 87010

$1,150,000


$282.00 per sqft

Active

4 Beds

3 Baths

4,078 sqft

Residential

Built in 1878

This beautiful income-producing property in historic downtown Madrid NM is ready for its new owners! Originally built as a Miners Boarding House, this prestigious building now supports a successful grocery store and owner's residence. This large flexible space offers numerous possibilities for commercial use or as a private residence. Zoned mixed use, this historic property would work well as a restaurant, grocery, gift shop, brewery or simply move in! Built in the late 1800s and brought by rail to Madrid, this beautiful property has been lovingly restored by the current owners. Taking care to preserve the original character, recent updates include a new roof, 400 amp electrical, newer plumbing, and instant hot water. The strong Private Well equipped with a 1000-gallon cistern provides a dependable water source and a new Septic System was installed in 2022! The lower level is currently a popular grocery store and has been wired to support a commercial kitchen with plenty of storage, including a walk-in cooler and freezer. (Grocery equipment and chattel to be sold separately.) The upper-level features tall ceilings with original finishes, multiple connecting rooms, and wet walls for ease of added baths. The covered screened porch showcases beautiful views and there is plenty of parking for all of your customers and guests. Additional space in the large walk-up attic offers more opportunity while a separate rental casita and original 'wash house' are included in the sale. Please schedule through ShowingTime or call listing broker directly. Advanced notice required

202401904

MLS ID

May 16, 2024

Listed

October 1, 2024

Updated

Map

2885 Hwy 14
Madrid NM, 87010

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

3


Full Bathrooms

3


Interior Features

Interior Steps


Appliances

Dryer, Oven, Range, Refrigerator, Washer


Floor Description

Carpet, Wood


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard, Hot Water, Radiant

Exterior/Building Features

Lot Size

0.16 Acres


Architectual Style

Victorian


Roof

Pitched, Shingle


Sewer

Septic Tank

School Information

High School

Santa Fe


Elementary School

Amy Biehl Community

Other Property Details

Days on Market

53


Garage

No


Parking Total

12


View

No


County

Santa Fe


Water Source

Private, Well


Pool

No


Pool Features

None

Listing History

Date

Event

Price

5/21/2024

Price change

$1,150,000

9%

Listed by Sasha L. Duffy with Coldwell Banker Mountain Prop
Listing Contact: (505) 795-8645 

The IDX display contains information sourced from the Santa Fe Association of REALTORS® as of 10/1/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Santa Fe Association of REALTORS® all rights reserved.

Data last updated on 10/1/2024 at 9:19 PM UTC

 

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