Barker Realty, LLC

2833 Nm-14, Madrid, NM

$595,000

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2,303

Square feet

0.15

Acres

About 2833 Nm-14

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 of Madrid. Don't miss this rare opportunity!

Features of 2833 Nm-14

MLS® # 202402231
Price $595,000
Bathrooms 0.00
Square Footage 2,303
Acres 0.15
Year Built 1950
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 2833 Nm-14
Area 12-Madrid/Cerrillos
City Madrid
County Santa Fe
State NM
Zip Code 87010

Amenities

Utilities High Speed Internet Available, Electricity Available
Parking Spaces 4
Parking Other, Parking Available, See Remarks
Is Waterfront No
Has Pool No

Interior

Interior Wood
Cooling Refrigerated
Fireplace No
Has Basement No

Exterior

Exterior Frame
Roof Metal, Pitched
Construction Frame
Foundation Basement

Additional Information

Date Listed June 4th, 2024
Days on Market 8
Zoning Other,Rural Residential
Short Sale No
RE / Bank Owned No

Listing Details

AgentJeff Assad
OfficeBarker Realty, LLC

Listing Map

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