Cindy Sheff
2833 NM 14
$542,000
- 2,503 sqft
This captivating landmark light building offers a unique blend of history, income potential, and artistic charm. Nestled in the heart of vibrant Madrid, this property…
Key Features
MLS: 202402232
List Date: 06-04-2024
Status: Active
Area: Madrid & Cerrillos
Type: Business
Acres: 0.15
Studio: Yes
Main House Sqft: 2,303
Studio Sqft: 200
Total Sqft: 2,503
Presented By
This captivating landmark light building offers a unique blend of history, income potential, and artistic charm. Nestled in the heart of vibrant Madrid, this property boasts a spacious, renovated Miner’s Cabin – perfect for a gallery, studio, workshop, or retail space. Imagine showcasing your creations under the glow of track lighting, or cozying up by the warmth of a wood-burning stove. An adjacent, light-filled office space provides endless possibilities for your business needs. Income Potential with Two Charming Apartments: Two fully renovated apartments (1,471 sq. ft/832 sq. ft.), each featuring hardwood floors and individual mini-split AC/heating units, offer the potential to generate rental income. With its own separate entrance, the private upstairs apartment boasts a vaulted ceiling, sun-drenched space, and a deck for stargazing or morning coffee. The cozy downstairs apartment features a private deck and a dedicated BBQ area, ideal for entertaining. Unwind and Create in a Tranquil Oasis: A spacious, partially finished basement includes a laundry room and ample storage and workspace. For additional creative pursuits, a separate stucco work studio sits at the back of the property. Unwind in the private, fenced backyard with a dedicated garden area, a perfect escape after a long day. Off-street parking provides added convenience. Immerse Yourself in Madrid’s Art Scene: Located just up the street from the famed Mine Shaft Tavern and the heart of Madrid’s vibrant art scene. Easy access to Santa Fe (30 mins) and Albuquerque (45 mins) puts world-class museums, culture, shopping, and outdoor adventures at your fingertips. This captivating property offers the perfect blend of income potential, creative space, and a front-row seat to the artistic energy ofMadrid. Don’t miss this rare opportunity!
Additional Features
Association Fee Covers:Other, Road Maintenance, See Remarks
Construction Materials:Frame
Days on Market:135
Flooring:Wood
Heating:Baseboard, Ductless, Electric, Wood Stove
Interior Features:Interior Steps
Stories:Multi/Split
Other Structures:Guest House Detached, Studio Detached
Property Type:Residential
Roof:Metal
Sewage:Septic Tank
Style:Multi-Level, Northern New Mexico, Other, See Remarks
Utilities:High Speed Internet Available, Electricity Available
Water Source:Community/Coop
Window Features:Insulated Windows
Zoning:Other
About the Neighborhood
Schools
Elementary School: Amy Biehl Community
Junior High School: Milagro
High School: Santa Fe
Listing Brokerage
Jeff Assad
Barker Realty, LLC