Madrid Property Search

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Our website features the best Madrid real estate search for homes, condos, land and foreclosure properties available. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

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Hot Madrid Properties

$1,250,000
202232129 MLS
The Old Boarding House Mercantile! Don’t miss out on this rare opportunity to own an income-producing live/work property in historic downtown Madrid NM! Built specifically as a Miners Boarding House this prestigious building now supports a successful grocery store and owner’s residence. 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, some recent updates include a new roof, 400 amp electrical, newer plumbing, and instant hot water. A strong private well equipped with a 1000-gallon cistern and aerator provides a dependable water source while bypassing the community water system. The lower level operates a popular and successful grocery store offering plenty of storage, a walk-in cooler, and freezer as well as a bonus room already wired for a commercial kitchen. 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. All store equipment and inventory such as coolers, cash registers, and a company van are to be sold separately. Please schedule through Showingtime or call listing broker directly. Advanced notice required

2885 Nm 14, Madrid

Listing courtesy of Sasha L. Duffy from Coldwell Banker Mountain Prop

$1,250,000
5 Beds 2 Baths 202231561 MLS
The Old Boarding House Mercantile is ready for it's new owners! Don’t miss out on this rare opportunity to own an income producing live/work property in historic downtown Madrid NM! Built specifically as a Miners Boarding House this prestigious building now supports a successful grocery store and owner’s residence. Built in the late 1800’s and brought by rail to Madrid, this beautiful property has been lovingly restored by the current owners. Taking care to preserve the original character, some recent updates include a new roof, 400 amp electrical, newer plumbing and instant hot water. A strong private well equipped with a 1000 gallon cistern and aerator provides a dependable water source while bypassing the community water system. The lower level operates a popular and successful grocery store offering plenty of storage, a walk-in cooler and freezer as well as a bonus room already wired for a commercial kitchen. The upper-level features tall ceilings 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. All store equipment and inventory such as coolers, cash registers and a company van are to be sold separately. Please schedule through Showingtime or call listing broker directly. Advanced notice is required to view all nonpublic areas of this property!

2885 Nm 14, Madrid

Listing courtesy of Sasha L. Duffy from Coldwell Banker Mountain Prop

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 Berkshire Hathaway HomeServices are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the SANTA FE ASSOCIATION OF REALTORS®.