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Historic Mixed-Use Commercial Building

402 Main Street Truth or Consequences, NM 87901

Claim this Listing
For Sale
$939,900

SINGLE_FAMILY - Truth Or Consequences, NM

Type:Retail
Property size:
8,500 SF
Lot size:
0.25 Acres
Price / SF:
$110.58/SF
Added:
May 26, 2026
Days on Market:
50
Last Refresh:
Jul 14 at 8:06 am

Property Features for 402 Main Street

General Information

Property type
Residential
Property subtype
Retail
Bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bathroom 1
Parking features
On Street, Parking Lot, Paved or Surfaced
Security features
Security System
Appliances
Water Heater
Standard status
Active
APN
3022078212471
Size
8,500 SF
Lot size
0.25 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
LOT 8 AND ALL OF LOT 9 & 10, BLOCK 96 HOT SPRINGS ORIGINAL TOWNSITE T OR C SIERRA COUNTY NM

Utilities

Heating system
Solar (Heating), Forced Air, Active Solar
Cooling system
Central Air

Building Details

Floors in Building
2
Flooring type
Wood
Building materials
Steel Frame, Stucco, Metal / Fabricate

Listing agent Laneer Wrye License #19153

Listing office Cripple Creek Realty 405 N Date #7, Elelphant Butte, NM

Listing date May 26, 2026

MLS# 20263107

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

402 Main Street is a tri-level restored historic commercial building with mixed-use versatility and character. The showroom features huge display windows, lighted wood cabinetry, and four dressing rooms, along with office space. Residential areas are distributed across the upper and second levels, with additional finished space in the basement that includes sleeping areas with closets, storage, a laundry area, and a 3/4 bath, plus a home theater, dance floor, pool table, and bar with enhanced lighting for entertaining. Central heating and cooling are in place, and the backyard is fenced with a pergola-covered patio and hot tub.

Outside, the property includes a 10 ft security fenced lot behind and across an alley on 125 Foch, surrounding 32 solar panels with 32 IQ8 inverters and a garden area with raised planting beds. An 18 x 21 Mueller metal storage building with a concrete floor is also included. Roofing and HVAC updates include a new roof in 2020 with a 20-year Duro-Last warranty, and two roof-mounted 5-ton HVAC units installed in 2019 with a 10-year warranty.

Parking is provided by a 32' wide unpaved lot with a carport.

Key Highlights

  • Historic tri‑level mixed‑use commercial building in downtown Truth or Consequences, NM (once known as Barnes Department Store)
  • Huge display windows and showroom with lighted wood cabinetry plus 4 dressing rooms
  • Multiple living spaces: office, upstairs apt (LR, kitchen, 3/4 bath, BR), 2nd‑level apt (LR, BR, 3/4 bath), and basement with 3/4 bath

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Showrooms

Suggested Use

Real Estate Agency Dental Office Auto Repair Shop Law Firm Building Supply Parking Lot & Garage HVAC Service Pharmacy Big Box & Wholesale Store Auto Parts Store

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

FAQs

What type of property is this?
Showroom - Restored tri-level historic building with showroom, multiple apartments, and central HVAC plus a 32' wide parking lot.
Where is this showroom located?
The property is located at 402 Main Street Truth or Consequences, NM.
What is the asking price?
The asking price for this property is $939,900.
What are key features of this property?
This property features: Historic tri‑level mixed‑use commercial building in downtown Truth or Consequences, NM (once known as Barnes Department Store); Huge display windows and showroom with lighted wood cabinetry plus 4 dressing rooms; Multiple living spaces: office, upstairs apt (LR, kitchen, 3/4 bath, BR), 2nd‑level apt (LR, BR, 3/4 bath), and basement with 3/4 bath
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More about this property
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