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
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
4
/10
Calvin Capshaw Middle School
351 East Zia Rd
Distance between this listing and this school19.93 miles
Public District Grades 7-8
High School
5
/10
Capital High School
4851 Paseo Del Sol
Distance between this listing and this school15.97 miles
Public District Grades 9-12
Nearby Schools
2
/10
Santo Domingo Elementary School
100 Hwy 22 West
Distance between this listing and this school10.61 miles
Public District Grades PK-5
4
/10
Cochiti Elementary School
800 Quail Hill Trl
Distance between this listing and this school15.15 miles
Public District Grades PK-5
6
/10
Amy Biehl Community School At Rancho Viejo
310 Avenida Del Sur
Distance between this listing and this school15.47 miles
Public District Grades KG-6
Assigned Schools
4
/10
Calvin Capshaw Middle School
351 East Zia Rd
Distance between this listing and this school19.93 miles
Public District Grades 7-8
Nearby Schools
3
/10
Santo Domingo Middle School
100 Hwy 22 West
Distance between this listing and this school10.61 miles
Public District Grades 6-8
4
/10
Cochiti Middle School
800 Quail Hill Trl
Distance between this listing and this school15.15 miles
Public District Grades 6-8
Assigned Schools
5
/10
Capital High School
4851 Paseo Del Sol
Distance between this listing and this school15.97 miles
Public District Grades 9-12
Nearby Schools
8
/10
Academy For Tech & Class
74 A Van Nu Po Rd
Distance between this listing and this school14.42 miles
Public Charter Grades 7-12
7
/10
The Master Program
6401 S Richards Ave
Distance between this listing and this school16.04 miles
The neighbors living near this home have an average income of $64,080. Most Cerrillos, NM residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2885 Nm 14
What is the listing price of this property?
The listing price of 2885 Nm 14 property is $1,150,000.
What type of property is this?
The property 2885 Nm 14 is a house located in Cerrillos, New Mexico, 87010.
Is this property for sale now?
Active Listing: 2885 Nm 14 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 2885 Nm 14 are: Calvin Capshaw Middle School: GreatSchools Rating 4/10Capital High School: GreatSchools Rating 5/10
How many bedrooms and bathrooms does this property have?
The property at 2885 Nm 14 has 4 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 2885 Nm 14 is 3,658 SqFt (source: MLS/tax record).
This home is located at 2885 Nm 14 in Cerrillos, NM and zip code 87010. This 3,658 square foot home, which was built in 1878, sits on a 0.16 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $1,150,000.
The inventory of homes for sale in Cerrillos, NM between March 2024 and April 2024 increased by 14.3%. In April 2024 median list price was $400,000 and the average listing age was 125 days.
From Rocket Homes Real Estate and based on county public records data.