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For Sale

303 First Street

303 First Street, Magdalena, NM 87825

$750,000
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.

8,627 Sq.Ft. LIVING AREA

0.98 Acres lot

Karolyn Chavez

Karolyn Chavez

Features & Amenities

Interior

  • Flooring Carpet

Area & Lot

  • Status For Sale
  • Living Area8,627 Sq.Ft.
  • Lot Area0.98 Acres
  • MLS® ID1073642
  • TypeCommercial
  • NeighborhoodNew Mexico

Exterior

  • STORIES1
  • utilitiesElectricity Connected, Propane, Phone Connected, Sewer Connected, Water Connected
  • parkingGuest, On Site
  • HEAT TYPEDuctless, Electric, Propane, Wall Furnace
  • AIR CONDITIONINGDuctless, Window Unit(s)
  • Disability FeaturesNone
  • other exterior FeaturesPropane Tank - Leased

Financial

  • Sales Price$750,000
  • Real Estate Tax $2,576/yr
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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Thank you for your interest in 303 First Street, Magdalena, NM 87825. We are reviewing your request and will be in touch shortly!

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