Active
303 First Street
Magdalena NM, 87825
$750,000
$86.94 per sqft
Active
8,627 sqft
Commercial
Courtesy of Realty One of New Mexico
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.
1073642
MLSⓇ ID
November 7, 2024
Listed
November 22, 2024
Updated
Map
303 First Street
Magdalena NM, 87825
Interior Features
Total Stories
1
Floor Description
Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Ductless, Window Unit(s)
Heating
Yes
Heating Description
Ductless, Electric, Propane, Wall Furnace
Exterior/Building Features
Lot Size
0.98 Acres
Exterior Features
Propane Tank - Leased
Other Property Details
Area Name
621 - South Socorro
Taxes
$2,576
Tax Frequency
Annually
Garage
No
Parking
Guest, On Site
Parking Total
22
View
No
County
Socorro
Pool
No
Exclusive Listing Agents
Karolyn Chavez
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