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516 Austin St Truth or Consequences, NM 87901

For Sale
$2,000,000

Historic district property with hot springs, inn, and residences.

Property size:
5,528 SF
Lot size:
0.41 Acres

Property Features for 516 Austin St

General Information

Size
5,528 SF
Lot size
0.41 Acres

Source: NAI 1st Valley Realty Agent Randy McMillan

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Hoosier Hot Springs Historic District

Hoosier Hot Springs is situated within the Hot Springs Bathhouse and Commercial Historic District in Truth or Consequences, a 56-acre area recognized on the National Register of Historic Places since 2005. The property encompasses a total area of 5528 square feet and features multiple lines of business. These include hot springs, which were renovated and reopened to the public in early 2024. Additionally, there is an inn offering short-term rentals, consisting of five renovated units that include four suites and one room, which opened in November 2024. The property also provides residential long-term rentals, with a total of seven units comprising four one-bedroom units and three studio apartments. Most of the property has been completely remodeled.
Insight Report Location Intelligence

Current Use by Public Records

Hotels

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Truth or Consequences
County
Sierra
State
New Mexico
Longitude
-107.256478
Latitude
33.127426

FAQs

What type of property is this?
Apartment building - Historic district property with hot springs, inn, and residences.
Where is this apartment building located?
The property is located at 516 Austin St Truth or Consequences, NM.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: - Completely remodeled property.; - Three lines of business: Hot Springs, Inn/Short Term Rentals, and Residences/Long Term Rentals.; - Located in the Hot Springs Bathhouse and Commercial Historic District.
More about this property
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