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

The information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor R1 Realty One of New Mexico shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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