Skip To Content

2885 Nm 14

Madrid, NM 87010
  • $1,250,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 202231561
UPDATED: 37 min ago
$1,250,000
  • 5
    BEDS
  • 0.65
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 4,850
    SQFT
  • $258
    $/SQFT
Neighborhood:
Type:
Single-Family Home
County:

School Information

Elementary School:
Middle School:
High School:

Description

The Old Boarding House Mercantile is ready for it's new owners! Dont miss out on this rare opportunity to own an income producing live/work property in historic downtown Madrid NM! Built specifically as a Miners Boarding House this prestigious building now supports a successful grocery store and owners residence. 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, 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 while bypassing the community water system. The lower level operates a popular and successful grocery store offering plenty of storage, a walk-in cooler and freezer as well as a bonus room already wired for a commercial kitchen. The upper-level features tall ceilings 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. All store equipment and inventory such as coolers, cash registers and a company van are to be sold separately. Please schedule through Showingtime or call listing broker directly. Advanced notice is required to view all nonpublic areas of this property!

Monthly Payment Calculator



© 2022 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than EXIT Realty Advantage NM are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-08-16T19:51:38.937.
www.exitadvantagenm.com/homes/130942679
Print Image

2885 Nm 14 Madrid, NM 87010

  • Price: $1,250,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 37 min ago
  • MLS #: 202231561
5
Beds
2
Baths
0
½ Baths
0.65
Acres
4,850
SQFT
$258
$/SQFT
Neighborhood:
12-Madrid/Cerrillos
County:
Santa Fe
Area:
12-Madrid/Cerrillos
Elementary School:
Unknown
Middle School:
Unknown
High School:
Unknown
Property Description
The Old Boarding House Mercantile is ready for it's new owners! Dont miss out on this rare opportunity to own an income producing live/work property in historic downtown Madrid NM! Built specifically as a Miners Boarding House this prestigious building now supports a successful grocery store and owners residence. 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, 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 while bypassing the community water system. The lower level operates a popular and successful grocery store offering plenty of storage, a walk-in cooler and freezer as well as a bonus room already wired for a commercial kitchen. The upper-level features tall ceilings 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. All store equipment and inventory such as coolers, cash registers and a company van are to be sold separately. Please schedule through Showingtime or call listing broker directly. Advanced notice is required to view all nonpublic areas of this property!
Exterior Features

Architectural Style Victorian Construction Materials FrameWoodsiding Garage YN No Levels Two Other Structures GuesthouseOutbuildingStorage Parking Features None Parking Total 12 Roof PitchedShingle Waterfront YN No

Interior Features

Appliances DryerOvenRangeRefrigeratorWaterheaterWasher Basement YN No Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring CarpetTileWood Heating BaseboardHotwater Heating YN Yes Interior Features InteriorSteps Living Area 3658

Property Features

Accessibility Features Accessibilityfeatures Builder Name Unkown Disclosures Leadbasedpaintdisclosure Horse YN No Land Lease YN No Lease Considered YN No Listing Terms CashConventionalNewloan New Taxes Expense 9141.25 Pool Features None Property Sub Type Singlefamilyresidence Property Sub Type Additional Singlefamilyresidence Security Features Securitysystem Sewer Septictank Utilities HighspeedinternetavailableElectricityavailable Water Source PrivateWell Zoning Description Mixed Use

Listing provided courtesy of Sasha Duffy of Coldwell Banker Mountain Prop. © 2022 Santa Fe Association of REALTORS®, Inc. MLS. All Rights Reserved.


© 2022 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than EXIT Realty Advantage NM are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-08-16T19:51:38.937.
 
https://bt-photos.global.ssl.fastly.net/santafe/1280_boomver_3_202231561-2.jpg https://bt-photos.global.ssl.fastly.net/santafe/1280_boomver_3_202231561-2.jpg https://bt-photos.global.ssl.fastly.net/santafe/1280_boomver_3_202231561-2.jpg
Logo
EXIT Realty Advantage NM
1615 Central Avenue, Suite 100
Los Alamos NM, 87544