2833 NM 14

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  • Price: $542,000
  • MLS: 202402232
  • Status: Active
  • Type: Business
  • Acres: 0.15
  • Area: 12-Madrid/Cerrillos
  • Studio: Yes
  • Main House Sqft: 2,303
  • Studio Sqft: 200
  • Total Sqft: 2,503

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 ofMadrid. Don't miss this rare opportunity!

Additional Information

  • Type Business
  • Stories Multi/Split story
  • Style Multi-Level, Northern New Mexico, Other, See Remarks
  • Days On Market 135
  • UtilitiesHigh Speed Internet Available, Electricity Available
  • Interior FeaturesInterior Steps
  • HeatingBaseboard, Ductless, Electric, Wood Stove
  • FlooringWood
  • Construction MaterialsFrame
  • RoofMetal
  • Other StructuresGuest House Detached, Studio Detached
  • Association Fee CoversOther, Road Maintenance, See Remarks
  • Water SourceCommunity/Coop
  • SewageSeptic Tank
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 Sotheby's International Realty are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.

Presenting Broker

Roxanne Apple
(505) 660-5998
Sotheby's International Realty ®
Email Broker

Neighborhood Info

Cerrillos & Madrid

Once home to the large mining community, Madrid is now a sleepy little town of artists. With an ice cream parlour and old fashioned businesses, Madrid feels other-worldly to visitors. Homes here are early 20th century wooden structures painted a variety of colors. Just north of Madrid is Cerrillos, a traditional New Mexico village of older adobes and quaint shops.

The Turquoise Trail | Highway 14

The Turquoise Trail! A beautiful road from Santa Fe all the way to Albuquerque. With many lots 2.5 acres or more, 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 movies like “The Cheyenne Social Club” and “Silverado”were filmed completes the Old West feeling.

Santa Fe County Southwest

This rapidly growing area with plans for expansion extending into the 2050’s is largely made up of rolling hills dotted with pinon and juniper. Most of the communities located here have extraordinary views of the Jemez, the Sangres and the Sandias.

Schools

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

Listing Broker

IDX listing
Jeff Assad
Barker Realty, LLC