600 Austin St, Truth or Consequences, NM 87901

This exceptional commercial property, located at 600 Austin Streets in Truth or Consequences, New Mexico, presents a unique investment opportunity. Situated on a sizable 9,147 square foot corner lot in the heart of downtown, this 1960-built property boasts a rich history and significant potential. Currently configured as a mixed-use space, the ground floor previously operated as a spa, featuring four rooms, a kitchen, and a bathroom. The upper level functions as a successful two-bedroom, one-bathroom Airbnb, consistently commanding approximately $119 per night. The owners have demonstrably invested considerable time and resources in maintaining and improving the property, showcasing a commitment to quality. A notable feature is the presence of a hot springs well, a rare and valuable asset in this location. This property offers flexibility for a variety of commercial ventures, capitalizing on its central location and unique characteristics. The substantial lot size allows for expansion or redevelopment, while the existing income-generating Airbnb provides immediate return on investment. Serious inquiries are encouraged to explore the full potential of this remarkable property. Further details, including floor plans, are available upon request.