Description
This income producing property in historic downtown Madrid NM is BACK ON THE MARKET through no fault of the sellers! This 1800's Miners Boarding House now supports a successful grocery store and owner's residence. 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, septic, 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. Currently a popular and successful grocery store with owners residence above, the possibilities are limitless. Business is open and advanced notice is required for all showings of the non-public areas.
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1BEDS
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0.52ACRES
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1BATHS
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01/2 BATHS
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3,658SQFT
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$342$/SQFT
School Ratings & Info
Description
This income producing property in historic downtown Madrid NM is BACK ON THE MARKET through no fault of the sellers! This 1800's Miners Boarding House now supports a successful grocery store and owner's residence. 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, septic, 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. Currently a popular and successful grocery store with owners residence above, the possibilities are limitless. Business is open and advanced notice is required for all showings of the non-public areas.
IDX information © 2023 The Southwest Multiple Listing Service, Inc. 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 is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Team | Realty Executives Advantage. Data last updated: 2023-03-30T00:05:15.423.
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Listing courtesy of Coldwell Banker Mountain Prop.: (505) 988-7285. © 2023 Southwest Multiple Listing Service, Inc.