Description
This income producing property in historic downtown Madrid NM is filled with opportunity. This 1800's Miners Boarding House now supports a successful grocery store and owner's residence, 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 provides a dependable water source. Currently a popular and successful grocery store with owners residence above, the possibilities are limitless. Business is open for viewing during normal business hours, advanced notice is required to view non-public areas. Price is negotiable dependent on buyers desire to continue store operations.
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4BEDS
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0.52ACRES
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3BATHS
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01/2 BATHS
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3,658SQFT
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$287$/SQFT
School Ratings & Info
Description
This income producing property in historic downtown Madrid NM is filled with opportunity. This 1800's Miners Boarding House now supports a successful grocery store and owner's residence, 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 provides a dependable water source. Currently a popular and successful grocery store with owners residence above, the possibilities are limitless. Business is open for viewing during normal business hours, advanced notice is required to view non-public areas. Price is negotiable dependent on buyers desire to continue store operations.
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 Sarah Griffin Real Estate Group | Keller Williams. Data last updated: 2023-10-02T09:05:06.003.
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Listing courtesy of Coldwell Banker Mountain Prop.: (505) 988-7285. © 2023 Southwest Multiple Listing Service, Inc.