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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

title Qualifying Broker
PHONE 505-850-8225
EMAIL [email protected]
DRE # 20002

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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303 First Street

$750,000

Karolyn Chavez

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

Schedule a Showing

Mortgage Calculator

New Mexico

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303 First Street

$750,000

Karolyn Chavez

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

Schedule a Showing

Mortgage Calculator

New Mexico

QUESTIONS?

SUBMIT A MESSAGE

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Jerry Jones

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