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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

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent 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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About 

Realty One of New Mexico

Founded in New Mexico, R1 is more than a real estate brokerage; we're a cornerstone of community growth and stability. With 16+ years in business and over $16 billion in sales, we've become the largest and most productive brokerage, a testament to our commitment of excellence and authenticity.

R1 brokers, steeped in knowledge and empowered independence, understand that a transaction is more than a deal. Choose an R1 broker and experience the home selling or buying process guided by culture, community, and a shared passion for turning houses into homes.

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Contact Details

R1 REAL ESTATE PROS

Phone

(505) 883-9400

Email

[email protected]

Address

9674-3 EAGLE RANCH ROAD ALBUQUERQUE NM 87114

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