NM > Magdalena
Magdalena, NM 87825,303 First ST
Magdalena, NM 87825,303 First ST
Magdalena, NM 87825,303 First ST
Magdalena, NM 87825,303 First ST
Magdalena, NM 87825,303 First ST
Magdalena, NM 87825,303 First ST
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HomeSmart Realty Pros

HomeSmart Realty Pros

+1(505) 962-2121
Listed by Realty One of New Mexico
$ 750,000
Est. payment | /mo

0.98 Acres Lot

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$ 750,000
Est. payment | /mo
Save

0.98 Acres Lot

Key Details

Property Type Commercial

Sub Type Hotel/ Motel

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1073642

HOA Y/N No

Annual Tax Amount $2,576

Lot Size 0.980 Acres

Acres 0.98

Lot Dimensions Appraiser

Property Description

Nestled in the historic town of Magdalena, New Mexico, this charming hotel offers a variety of accommodations, including one king-size room, five doubles, five singles, and two suites. The property exudes a Southwestern flair with modern upgrades, combining rustic charm with contemporary comfort. Ideal for travelers seeking a unique stay, the hotel also presents great potential for a restaurant and lounge, with a separate two-bedroom, one-bath living quarters perfect for the owner or manager. With its prime location and versatile spaces, this hotel offers endless possibilities for growth and development in a vibrant, artisan community.

Location

State NM

County Socorro

Area 621 - South Socorro

Interior

Heating Ductless, Electric, Propane, Wall Furnace

Cooling Ductless, Window Unit(s)

Flooring Carpet

Fireplace No

Exterior

Exterior Feature Propane Tank - Leased

Parking Features Guest, On Site

Fence Yard Fenced

Community Features Fenced Yard

Utilities Available Electricity Connected, Propane, Phone Connected, Sewer Connected, Water Connected

Accessibility None

Total Parking Spaces 22

Building

Story 1

Others

Tax ID 0121200142

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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303 First ST