2864 Nm 14 Madrid, NM $ 549,000
2864 Nm 14
$ 549,000
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2864 Nm 14

Madrid, NM, 87010
$ 549,000
Bedrooms-- Baths-- Sq 1,024

Monthly Estimate*

$ 3,425

2864 Nm 14, Madrid, NM 87010 - Image 1
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2864 Nm 14, Madrid, NM 87010 - Image 10
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Commercial Property for sale in Madrid, NM

for $549,000. This 1,024 square foot building was built in 1930 on a lot size of 0.18.

This commercial property with 2 apartments and a casita i on Highway 14 is located in the center of Madrids business district. Madrid is an eccentric and creative town located twenty miles south of Santa Fe. There are many shops, galleries and restaurants and other year round attractions. This is a turnkey commercial property that has a new roof, new electrical work installed a new hot water heater and has just been painted.

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Commercial Active

Price

$ 549,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.18

Year Built

1930

Town/City

Madrid

County/Region

Santa Fe

MLS | Web ID

202504165

Features
General
Sewer Septic Tank
Heating Propane Stove
Cooling None
Utilities Electricity Available
Possession Closing & Funding Close Of Escrow
Roof Shingle
Zoning Historic Other
HOA Fee 20
Association Fee Includes Recreation Facilities Road Maintenance
Architectural Style Northern New Mexico
Year Built 1930
Property Subtype Business
Business Type Commercial Other
Accessibility Accessibility Features
Assoc Fee Paid Per Annually
County Santa Fe
Property Type Residential
HOA true
Possible Use Commercial Mixed Use Other
Garage Y/N false
Building Features Kitchen Facilities Living Area Storefront
Other Structures Guest House Detached Studio Attached
Special Listing Conditions Standard
Status Active
Directions On highway 14 in the heart of Madrid
High School Capital
City Madrid
Disclosures Lead Based Paint Disclosure
Lot Size Units Acres
Lot Size Square Feet 7685
Listing Terms Cash New Loan
Elementary School Turquoise Trail
Middle/Junior High School Capshaw
MLS Area Minor 12-Madrid/Cerrillos
Lease Considered Y/N false
Living Area Units Square Feet
Standard Status Active
Year Built Source Estimated
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Interior
Interior Amenities No Interior Steps
Basement (Y/N) false
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Total Baths 0
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Exterior
Water Source Community/Coop
Lot Size Area 0.18
Building Area Total 3748
Lot Size Acres 0.18
Lot Size Source Public Records
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* Excluded Features
List By
Terrance Scott Polly

Listing Agent

Cholla Properties

Broker

CHOLLA@CYBERMESA.COM

Email

Affordability Calculator

$3,425
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,425
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
831087 Elementary School
831082 Middle School
Capital High School High School
Pricing History
DatePricePrice ChangeDescription
12/4/2025$549,000 -7.73% Price Down
10/29/2025$595,000 Listed Price

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2864 Nm 14, Madrid, NM, 87010 is a Commercial Property for sale at $549,000 with 1,024 sqft and a lot size of 0.18. 2864 Nm 14 was built in 1930. The property's zip code is 87010 which is in Madrid, NM