Magdalena NM Commercial for Sale
$1,000,000
505 First Street Magdalena, NM 87825
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.25 Acres
- Baths:
- MLS#:
- 1076464
View additional info
Courtesy: Realty One of New Mexico, LLC
505-717-9517
505-507-9671
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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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.