Prime Property on Madrid's Main Strip !!Discover an exceptional opportunity in the heart of Madrid, NM! This 3-bedroom, 1-bathroom property is ideally located on the vibrant main strip, offering unmatched potential as both a residence and a commercial space. Zoned for both uses, this home is perfect for an art studio, gallery, or creative business venture. The Casita is a great rental opportunity. The home has been thoughtfully updated with numerous upgrades, blending modern comforts with Madrid's unique charm. A standout feature is the custom-built catio, new butcher block ,new counter tops and cabinets, upgraded appliances. Home also has upgraded electrical, 220 Amp. Seller spent around 23,000 upgrading the home. The Home boast tons of storage space, the attic plus the outdoor shed. Whether you're looking to live, work, or create in one of New Mexico's most artistic communities, this property offers endless possibilities. Don't miss this rare chance to own a piece of Madrid's rich culture and history! ASSUMABLE VA LOAN AT 4.5%, SELLER IS ASKING FOR 23% DOWN. Take advantage of this rare opportunity to save on today's mortgage market!
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! 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.
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.