2864 Nm 14, Cerrillos, NM 87010
Local realty services provided by:ERA Summit
Listed by: michael s. sanford
Office: barker realty, llc.
MLS#:202603380
Source:NM_SFAR
Price summary
- Price:$540,000
- Price per sq. ft.:$193.48
- Monthly HOA dues:$1.67
About this home
Unique residential, live-work or investment opportunity in downtown Madrid. Versatile mixed-use property with storefront and multiple residential units. Discover endless possibilities with this mixed-use property, ideally located in the heart of downtown Madrid. Anchored by an approximately 1,400-square-foot storefront, the space is ideal for retail and enjoys a high foot traffic area. Recent improvements include a brand new roof and updates to the electrical and plumbing systems, providing peace of mind for the next owner. Beyond the storefront, the property features three distinct residential spaces: a 320-square-foot upstairs studio apartment, a 612-square-foot downstairs one-bedroom apartment, and a 477-square-foot one-bedroom casita at the rear. Courtyards separate the casita from the main building, offering functional outdoor space.
Whether you are looking for a live-work arrangement, seeking rental income, or considering a unique investment, this property is ready for its next chapter. Come see today and explore the opportunity in vibrant downtown Madrid!...
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Home facts
- Year built:1920
- Listing ID #:202603380
- Added:60 day(s) ago
- Updated:October 01, 2026 at 09:03 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:2
- Flooring:Flagstone, Tile, Wood
- Living area:2,791 sq. ft.
Heating and cooling
- Cooling:Refrigerated, Window Units
- Heating:Propane
Structure and exterior
- Roof:Metal, Shingle
- Year built:1920
- Building area:2,791 sq. ft.
- Lot area:0.18 Acres
- Construction Materials:Frame
- Levels:2 Story
Schools
- High school:Santa Fe
- Middle school:Milagro
- Elementary school:Amy Biehl Community
Utilities
- Sewer:Septic Tank
Finances and disclosures
- Price:$540,000
- Price per sq. ft.:$193.48
Features and amenities
- Appliances:Refrigerator, Water Heater
- Laundry features:Water Heater
Parking
- Total parking spaces:5
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