Cindy Sheff
2885 Hwy 14
$1,150,000
- 4 beds
- 3 baths
- 4,078 sqft
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…
Key Features
MLS: 202401904
List Date: 05-15-2024
Status: Active
Area: Madrid & Cerrillos
Type: Single Family Residence
Bedrooms: 4
Full Baths: 3
Acres: 0.16
Total Sqft: 4,078
Presented By
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
Additional Features
Appliances:Dryer, Oven, Range, Refrigerator, Washer
Construction Materials:Frame, Wood Siding
Days on Market:155
Flooring:Carpet, Wood
Heating:Baseboard, Hot Water, Radiant
Interior Features:Interior Steps
Stories:Two
Other Structures:Guest House Detached, Outbuilding, Storage
Parking Spaces:12
Pool Features:None
Property Type:Residential
Property Sub Type:Detached, Single Family Residence
Roof:Pitched, Shingle
Sewage:Septic Tank
Style:Victorian
Utilities:High Speed Internet Available, Other
Water Source:Private, Well
About the Neighborhood
Schools
Elementary School: Amy Biehl Community
Junior High School: Unknown
High School: Santa Fe
Listing Brokerage
Sasha Duffy
Coldwell Banker Mountain Prop