Magdalena NM Commercial for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.25 Acres
Baths:
MLS#:
1076464

ADDITIONAL INFORMATION

Rare opportunity to own the Golden Spur Saloon in Magdalena New Mexico. The sale includes the dispensary license which includes package liquor sales and liquor sales on Sunday. This One of a Kind 1936 property has the original oak floors, newly resurface pool tables, stage area, open outdoor patio with plenty of seating and tons of storage. The plumbing and electrical has been recently updated. All of the equipment is newer. The sale also includes the Golden Grill Cafe next door with newer equipment and updated plumbing & electrical. Located on main street the place is always busy. This is the only saloon for miles. Fantastic opportunity to take over an already established business.

Type:
Other
Sq.Ft.:
1,600
Status:
Active
Beds:
n/a
Lot size:
0.27 Acres
Year built:
1965
Baths:
1.00
MLS#:
20226478

ADDITIONAL INFORMATION

GREAT LOCATION!! This commercial property is located on the corner of Highway 60 and Highway 107 in the Village of Magdalena. The property has been completely renovated and has a new roof, windows, garage doors and entry door. The interior has new insulation, sheetrock, and paint in the office and restroom. The restroom is ADA compliant. A new septic system has been installed. The property is on city water and has a new 2" waterline, the only one in the Village. There is a lift in one of the garage bays the is operable. The building is on a 200 amp service, approximately 800 square feet and sits on approximately .27 acres. The possibilities are endless with this property.

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Andrea Conner License # 20396 Xome Inc. License # 09022, [email protected] 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


The data relating to real estate for sale on this web site comes in part from the IDX Program of the Southwest Multiple Listing Service Inc., a wholly owned subsidiary of the Greater Albuquerque Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Southwest Multiple Listing Service, Inc.
Andrea Conner License # 20396 Xome Inc. License # 09022, [email protected] 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (“IDX”) program of the New Mexico MLS. Real Estate listings held by brokers other than Xome Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Copyright 2025 New Mexico MLS, Inc. MLS. All rights reserved.



Magdalena Real Estate

The median home value in Magdalena, NM is $45,300. This is lower than the county median home value of $153,900. The national median home value is $338,100. The average price of homes sold in Magdalena, NM is $45,300. Approximately 40.05% of Magdalena homes are owned, compared to 16.49% rented, while 43.46% are vacant. Magdalena real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Magdalena real estate agent to arrange a tour today!

Magdalena, New Mexico 87825 has a population of 912. Magdalena 87825 is less family-centric than the surrounding county with 11.69% of the households containing married families with children. The county average for households married with children is 26.07%.

The median household income in Magdalena, New Mexico 87825 is $22,361. The median household income for the surrounding county is $38,242 compared to the national median of $69,021. The median age of people living in Magdalena 87825 is 44.8 years.

Magdalena Weather

The average high temperature in July is 84 degrees, with an average low temperature in January of 17.2 degrees. The average rainfall is approximately 14.2 inches per year, with 13.1 inches of snow per year.

Magdalena Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    30
    30-day change

Magdalena Schools and Demographics

Education near Magdalena, NM

Metric City County
High School Graduates 53.12 83.86
College Degree - 2 year 2.62 7.06
College Degree - 4 year 4.26 18.19
Graduate Degree 1.31 5.64
Expenditures per Student 19,143 19,143
Students per Teacher 14.6 14.6

Elementary Schools near Magdalena, NM

School Grades Students P/T Ratio ZIP
Cottonwood Valley Charter School KG - 08 169 13 87801
Dennis Chavez Elementary School PK - 06 369 14.5 87002
Gil Sanchez Elementary School PK - 06 268 14.3 87002
Jaramillo Elementary School PK - 03 367 13.3 87002
La Merced Elementary School PK - 06 524 15.7 87002
La Promesa Elementary School PK - 06 218 13.5 87002
Magdalena Elementary School PK - 05 151 10.1 87825
Parkview Elementary School PK - 03 491 17.2 87801
Rio Grande Elementary School PK - 06 294 12.1 87002

Middle Schools near Magdalena, NM

School Grades Students P/T Ratio ZIP
Belen Middle School 07 - 08 586 17.8 87002
Central Elementary School 04 - 06 209 14.9 87002
Magdalena Middle School 06 - 08 82 9.8 87825
R. Sarracino Middle 06 - 08 335 14.6 87801
Zimmerly Elementary School 04 - 05 238 22.7 87801

High Schools near Magdalena, NM

School Grades Students P/T Ratio ZIP
Belen High School 09 - 12 1,128 22.1 87002
Magdalena High School 09 - 12 119 7.8 87825
Socorro High School 09 - 12 478 15.9 87801

Ungraded Schools near Magdalena, NM

School Grades Students P/T Ratio ZIP
* Belen Infinity High School 09 - 12 60 12.2 87002

Demographics near Magdalena, NM 87825

Metric Zip Code City
Neighborhood Type Small Town Small Town
Population 1,810 912
Population Density 1 23
Median Age 48 44.8
People per Household 3.2 4.2
Median Household Income 25,603 22,361
Average Income per Capita 16,832 8,862