$425,000 902 1st Street Magdalena, NM

MLS: 924594   Type: Commercial   County: Socorro   City: Magdalena   Area: North Socorro   Zip: 87825   Style: Retail Building(s)     Stories: 1   Taxes: $899

Mortgage $1,995 /mo



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A rare opportunity to own an historic retail building in the center of Magdalena, completely renovated and ready to move in! Known originally as the West Bar, it was a popular gathering place for cowboys, outlaws and just plain folk wanting a fun night out. If these walls could speak! Renovated in 2007, it was completely upgraded with amenities too numerous to list. It boasts a 20' x 80' restaurant area with a stage, classic booths and tables, a coffee bar with granite top, cabinets and plumbing built in, and several utility areas for storage and equipment set up. The kitchen area includes all new electric, plumbing, floors and walls, including a triple stainless steel sink and on demand water heater. The gallery has refurbished original flooring, pellet stove and evaporative cooling.

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Price History

7/24/2018 Listed $425,000

Area 620 - North Socorro
Construction Adobe, Block, Frame
Days on Market 180
Features 220 Power, Fenced Yard, Public Resrooms
Finance Considered Cash, Conventional
Lease Information Call List Office
Legal Description Subd: BUENA VISTA ADDITION Block: A
Location Downtown, Freestanding, Highway Frontage
Property SubType Retail Building(s)
Property Type D
Stories 1.0
Zoning C-1, R-1

Interior Features

Heating 2+ Units, Central Forced Air
Utilities LP Propane, Some City

Exterior Features

# of Docks 0.00
Acres 0.30
Disability Access No
Docks No
Door Height 7'
Exterior Material Stucco
Number of Parking Spaces 5.00
Parking Guest Parking, Onsite

Property Schools

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Gallery (38 photos)

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Property vs Zip Code Avg (87825)

Price 425K Avg 317K

Sqr Feet 4,000 Avg 1,997

Cost / Sqr Ft $106 Avg $159

Taxes $899 Avg $2,051

Acres 0.3 Avg 1.51

Visits 46 Avg 16

Days on Site 182 Avg 418

Walkscore® 34 Avg 29

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Listing Provided Courtesy Of: Realty One of New Mexico

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