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