516 Austin St, Truth or Consequences, NM 87901

Listing agent Jay Hill License #REC-2022-1237

Listing office NAI 1st Valley j***@jll.com Show Phone

Listing date Oct 10, 2024

Source Crexi

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Overview

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.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

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FAQs

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 $2,279,000.

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.