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516 Austin St, Truth or Consequences, NM, 87901
Hoosier Hot Springs & Inn

516 Austin St Truth or Consequences, NM 87901

For Sale
Contact for pricing

Historic hot springs and inn with short and long-term rentals.

Property Size5,528 SF
Price / SF$506.51
Days on Market657

Property Features for 516 Austin St

General Information

Standard status Active
Size 5,528 SF
Property subtype Hospitality
Listing Agency: NAI 1st Valley
Listed By: Jay Hill · License #REC-2022-1237
Source: Crexi
Added: Oct 10, 2024 Changed: Jul 6 Last Checked: Jul 27 at 8:08AM

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 NAI 1st Valley

Investment Insights

Based on property information with market context.

Hoosier Hot Springs & Inn 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 size of 5528 square feet and features multiple lines of business. The hot springs were renovated and reintroduced to the public in early 2024. The inn and short-term rentals consist of 6 renovated units, including 5 suites and 1 room, which opened in November 2024. Additionally, there are 6 residences available for long-term rentals, comprising 3 one-bedroom units and 3 studio apartments.

Key Highlights

  • Located in the Hot Springs Bathhouse and Commercial Historic District.
  • Three lines of business: Hot Springs, Inn/Short Term Rentals, and Residences/Long Term Rentals.
  • Hot Springs renovated and reintroduced to the public in early 2024.

Property Analytics

Property Profile Location Intelligence

Current Use

Hotels

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Parking Lot & Garage Law Firm Auto Repair Shop

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Hotel - Historic hot springs and inn with short and long-term rentals.
Where is this hotel 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 $2,800,000.
What are key features of this property?
This property features: Located in the Hot Springs Bathhouse and Commercial Historic District.; Three lines of business: Hot Springs, Inn/Short Term Rentals, and Residences/Long Term Rentals.; Hot Springs renovated and reintroduced to the public in early 2024.
(704) 804-5754 Call to check price and availability
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