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Mark Carlisle
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Madrid NM Real Estate & Homes for Sale

2 Properties Found

The median home value in Madrid, NM is $189,961 This is lower than the county median home value of $361,063. The national median home value is $277,796. The average price of homes sold in Madrid, NM is $189,961. Approximately 55% of Madrid homes are owned, compared to 21% rented, while 24% are vacant. Madrid real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Madrid real estate agent to arrange a tour today!
Learn more about Madrid.


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$1,250,000

2885 NM-14 Madrid, NM 87010

Beds:
1
Baths:
1.00
Sq.Ft.:
3,658
Status:
Active
MLS#:
1019045
Type:
Multi-Family
Subdivision:
NA
Lot size:
0.52 Acres
Year built:
1878
A broker reciprocity listing Courtesy: Coldwell Banker Mountain Prop. (505) 988-7285
View additional info

A rare opportunity to own an income producing property in historic downtown Madrid NM! Built in the late 1800's as a Miners Boarding House this prestigious building 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, 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.

$1,250,000

2885 NM-14 Madrid, NM 87010

Beds:
5
Baths:
3.00
Sq.Ft.:
3,658
Status:
Active
MLS#:
1019029
Type:
Single Family
Lot size:
0.52 Acres
Year built:
1878
A broker reciprocity listing Courtesy: Coldwell Banker Mountain Prop. (505) 988-7285
View additional info

A rare opportunity to own an income producing property in historic downtown Madrid NM! Builtin the late 1800's as a Miners Boarding House this prestigious building 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, 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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The data relating to real estate for sale on this web site comes in part from the IDX Program of the Southwest Multiple Listing Service. 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.

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