2864 Nm 14, Cerrillos, NM 87010
- $540,000
- 3
- BD
- 3
- BA
- 1,382
- SqFt
- List Price
- $540,000
- Status
- ACTIVE
- MLS#
- 202603380
- Year Built
- 1920
- Bedrooms
- 3
- Bathrooms
- 3
- Living Area
- 1,382
- Lot Size
- 7,685
- Area
- 12-Madrid/Cerrillos
- Days On Market
- 0
Property Description
Unique residential, live-work or investment opportunity in downtown Madrid. Versatile mixed-use property with storefront and multiple residential units. Discover endless possibilities with this mixed-use property, ideally located in the heart of downtown Madrid. Anchored by an approximately 1,400-square-foot storefront, the space is ideal for retail and enjoys a high foot traffic area. Recent improvements include a brand new roof and updates to the electrical and plumbing systems, providing peace of mind for the next owner. Beyond the storefront, the property features three distinct residential spaces: a 320-square-foot upstairs studio apartment, a 612-square-foot downstairs one-bedroom apartment, and a 477-square-foot one-bedroom casita at the rear. Courtyards separate the casita from the main building, offering functional outdoor space. Whether you are looking for a live-work arrangement, seeking rental income, or considering a unique investment, this property is ready for its next chapter. Come see today and explore the opportunity in vibrant downtown Madrid!
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Additional Information
- Style
- Northern New Mexico, Other, See Remarks
- Acres
- 0.18
- Sewer
- Septic Tank
- Roof
- Metal, Shingle
- Levels
- Two
- Heating
- Propane
- Cooling
- None, Refrigerated, Window Unit(s)
- Appliances
- Oven, Range, Refrigerator, Water Heater
- Elementary School
- Amy Biehl Community
- Middle School
- Milagro
- High School
- Santa Fe
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Listing courtesy of Michael S. Sanford from Barker Realty, LLC
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