Mixed-Use Storefront
402 Main St, Truth or Consequences, NM 87901
For Sale
$899,900
Three levels combine display space, an office, two apartments, and finished lower-level areas.
Property Size8,500 SF
Price / SF$105.87
Days on Market9
Property Features for 402 Main St
General Information
Standard status
Size
Zoning
Additional Details
Mixed-Use Components
Amenities
huge display windows
showroom with lighted wood cabinetry
dressing rooms
fenced backyard
pergola covered patio
hot tub
solar panels
garden area
raised planting beds
metal storage building
home theater
dance floor
pool table
bar
utility room with washer and dryer
central heating and cooling
parking lot with carport
Wood
Yes
No
Audio/Video Surveillance, Security System
Solar
Water Heater
0.25
0.0x0.0x0.0
0.0
Owned
Building Details
Building Size
Year Built
Listing Agency:
Cripple Creek Realty
(575) 254-2925
Listed By:
Virginia McAlister
Source:
Enchantedlands
Added: Oct 30
Changed: Nov 6
Last Checked: Nov 6 at 7:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cripple Creek Realty
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Investment Insights
Based on property information with market context.
Built in 1948, this three-level commercial property in downtown Truth or Consequences includes a showroom with large display windows, illuminated wood cabinetry, and four dressing rooms. An office and two apartments are also part of the building; each apartment has a living room, bedroom, kitchen, and 3/4 bath. The basement contains two additional sleeping areas, closets, storage, laundry, and a 3/4 bath, along with a home theater, dance floor, pool table, and bar. Central heating and cooling serve the building.
A separate fenced parcel across the alley at 125 Foch contains 32 solar panels with 32 IQ8 inverters and a garden with raised beds. The property also has an 18 x 21 metal storage building with a concrete floor, plus a 32-foot-wide unpaved parking area and carport. The roof was replaced in 2020 with a 20-year Duro-Last warranty; two roof-mounted 5-ton HVAC units were installed in 2019 and have a 10-year warranty.
A separate fenced parcel across the alley at 125 Foch contains 32 solar panels with 32 IQ8 inverters and a garden with raised beds. The property also has an 18 x 21 metal storage building with a concrete floor, plus a 32-foot-wide unpaved parking area and carport. The roof was replaced in 2020 with a 20-year Duro-Last warranty; two roof-mounted 5-ton HVAC units were installed in 2019 and have a 10-year warranty.
Key Highlights
- Three‑level mixed‑use building with showroom, office, two apartments, and basement amenity areas
- Showroom features large display windows, lighted wood cabinetry, and 4 dressing rooms
- Separate fenced lot at 125 Foch has 32 solar panels and 32 IQ8 inverters
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
11k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 52%
Shops & Services 48%
Tractor Supply Co.
Home Improvements & Furnishings
5,765 visits/mo
0.5 miles
Family Dollar
Shops & Services
4,908 visits/mo
0.2 miles
Sierra Auto Parts
Shops & Services
447 visits/mo
0.2 miles
Demographics for 87901, NM
6,515
Population
3,981
Households
1.6
Avg Household Size
54
Median Age
19%
College-Educated
89%
High-School Grad
1,080.4 sq mi
ZIP Area
6
Density / Sq Mi
$27,868
Median Household Income
$25,735
Median Earnings
$674
Median Rent
$114,800
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three levels combine display space, an office, two apartments, and finished lower-level areas.
Where is this mixed-use property located?
The property is located at 402 Main St Truth or Consequences, NM.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Three‑level mixed‑use building with showroom, office, two apartments, and basement amenity areas; Showroom features large display windows, lighted wood cabinetry, and 4 dressing rooms; Separate fenced lot at 125 Foch has 32 solar panels and 32 IQ8 inverters
