2885 Hwy 14

$1,150,000

1 of 36

2885 Hwy 14

$1,150,000

  • 4 beds
  • 3 baths
  • 4078 sqft

Contact Presenting Broker

    Kelly Allen

    505.603.9161

    kelly allen

    Key Features

    • MLS: 202401904
    • Status: Active
    • Price: $1,150,000
    • Bedrooms: 4
    • Full Baths: 3
    • Area: 12-Madrid/Cerrillos
    • Type: Single Family Residence
    • Acres: 0.16
    • Total Sqft: 4,078

    About this Property

    This beautiful income-producing property in historic downtown Madrid NM is ready for its new owners! Originally built as a Miners Boarding House, this prestigious building now supports a successful grocery store and owner's residence. This large flexible space offers numerous possibilities for commercial use or as a private residence. Zoned mixed use, this historic property would work well as a restaurant, grocery, gift shop, brewery or simply move in! Built in the late 1800s and brought by rail to Madrid, this beautiful property has been lovingly restored by the current owners. Taking care to preserve the original character, recent updates include a new roof, 400 amp electrical, newer plumbing, and instant hot water. The strong Private Well equipped with a 1000-gallon cistern provides a dependable water source and a new Septic System was installed in 2022! The lower level is currently a popular grocery store and has been wired to support a commercial kitchen with plenty of storage, including a walk-in cooler and freezer. (Grocery equipment and chattel to be sold separately.) The upper-level features tall ceilings with original finishes, multiple connecting rooms, and wet walls for ease of added baths. The covered screened porch showcases beautiful views and there is plenty of parking for all of your customers and guests. Additional space in the large walk-up attic offers more opportunity while a separate rental casita and original 'wash house' are included in the sale. Please schedule through ShowingTime or call listing broker directly. Advanced notice required

    Additional Features

    • Type Single Family Residence
    • Stories Two story
    • Style Victorian
    • Days On Market 67
    • Parking Spaces12
    • AppliancesDryer, Oven, Range, Refrigerator, Washer
    • UtilitiesHigh Speed Internet Available, Other
    • Interior FeaturesInterior Steps
    • HeatingBaseboard, Hot Water, Radiant
    • FlooringCarpet, Wood
    • Construction MaterialsFrame, Wood Siding
    • RoofPitched, Shingle
    • Other StructuresGuest House Detached, Outbuilding, Storage
    • Pool FeaturesNone
    • Water SourcePrivate, Well
    • SewageSeptic Tank

    Neighborhoods

    Cerrillos & Madrid

    Madrid, a booming coal town from the late 19th century to the mid-20th century, was on the verge of ghost-town extinction when artists and free-spirited hippies arrived and infused new life to the town in the 1970s. Located 23 miles south of Santa Fe on State Highway 14, also known…

    The Turquoise Trail

    A captivating road from Santa Fe all the way to Albuquerque, the Turquoise Trail offers many lots with 2.5 acres or larger. This area is perfect for raising horses on wide open spaces with fewer building restrictions than in the city of Santa Fe. The famous Eaves Movie Ranch where…

    Santa Fe County Southwest

    Affordable family homes abound in this rapidly growing area with plans for expansion extending into the 2050s. Largely made up of rolling hills dotted with pinon and juniper, most of the communities located here have extraordinary views of the Jemez Mountains, the Sangre de Cristo Mountains and the Sandia Mountains.…

    Schools

    • Elementary School: Amy Biehl Community
    • Junior High School: Unknown
    • High School: Santa Fe

    Listing Brokerage

    IDX listing

    Sasha Duffy

    Coldwell Banker Mountain Prop

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    The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Keller Williams are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.