Property Description
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
: Electric, Baseboard, Ductless, Wood Stove
: Ductless, Refrigerated
: Other, Multilevel, Northernnewmexico, Aframe
$0
: Metal
: Septic Tank
Address Map
NM
Santa Fe
Madrid
87010
2833 NM 14
0
W107° 50' 41''
N35° 24' 17.8''
Additional Information
Barker Realty, LLC
Jeff Assad
: Notadacompliant
$20
Annually
: Other, Seeremarks, Roadmaintenance
2,503 Sqft
: Storefront, Livingarea
: Commercial, Professional/office, Other, Retail, Showroom
: Frame
93
94
12-madrid/cerrillos
Hwy 14 South to Madrid. Property is on right.
: 220 Volts
$0
Amy Biehl Community
: Wood
Santa Fe
: Interiorsteps
Cash,Conventional,NewLoan
$0
Milagro
076004093
$1,754
2023
: Electricity Available, Highspeedinternetavailable
: Insulated Windows
Other
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 Rating
Grade:
Type:

Residential

2833 NM 14, Madrid, New Mexico 87010

1,664 Sqft
Visits : 299 in 95 days
$550,000
Listing ID #202402232
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 202402232
Price : $550,000
Square Footage : 1,664 Sqft
Year Built : 1950
Acres : 0.15 Acre
Lot Area : 6,534 Sqft
Status : Active
Property Sub Type : Business
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