$540,000

Single Family Residence In Cerrillos

  • 3 Beds
  • 3 Baths
  • 1,382 Sqft
  • 7,841 Sqft lot
  • Updated: August 2
  • Source:
    Santa Fe Association of REALTORS  MLS#202603380

About the Property

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 impr
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!
  • Property type

    House

  • Floors

    2

  • Year built

    1920

  • Price/sqft

    $390

Explore the Area

2864 NM 14, Sandia Park, New Mexico, United States View on Google Maps
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Barker Realty, LLC - Santa Fe

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Barker Realty, LLC - Santa Fe
New Mexico, United States
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97
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2026
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Barker Realty, LLC - Santa Fe
Santa Fe, New Mexico, United States
View agency profile
Last updated
August 2
First listed
Aug 2
Listing reference
202603380
Listing status
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