Advertise
    Madrid, NM
    Retail

    Madrid, NM Retail Properties & Spaces for Sale

    Notify Me
    List
    Map
    Santa Fe, NM Lamy, NM Galisteo, NM Budaghers, NM Stanley, NM Pena Blanca, NM Placitas, NM Sandia Park, NM
    Live-Work Bungalow with Studio
    Updated: Jun 26
    Live-Work Bungalow with Studio

    2863 NM 14 Highway, Madrid, NM 87010

    $875,000
    1,800 sqft 0.16 AC lot
    1931 brick bungalow with mixed residential/commercial use (mixed use zoning allows residential or commercial use)
    Separate front gallery space with 14‑ft ceilings plus apartment behind; both have original hardwood floors and updated finishes
    Upgrades include new windows and doors, plus remodeled tile and plaster with beamed ceilings and wood/stone flooring
    Each space includes mini‑split heat/AC system; heating is heat pump and propane, and cooling is heat pump
    Private paved driveway with parking for 3 cars plus 2 additional roadway spots; full basement for storage
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    2863 NM 14 Highway, Madrid, NM 87010

    View Property Analytics

    • Est. Cap Rate

      2.8%
      NOI ÷ price

    • Est. NOI

      $25K
      Annual

    • Mortgage

      $275K
      Apr 2019
    View Property Analytics
    Madrid Commercial Property on Main
    Updated: Feb 16
    Madrid Commercial Property on Main

    2849 NM 14, Madrid, NM 87010

    $875,000
    2,279 sqft 0.17 AC lot
    Prime commercial location on Main Street in historic Madrid, a popular tourist destination.
    Fully equipped commercial kitchen and furnished restaurant, ready for immediate operation.
    Currently leased to The Refinery, providing a solid investment opportunity.
    Unique dining experiences with both indoor and outdoor seating, including a Santa Fe Railroad railcar configured for dining.
    Outdoor dining area overlooks the Madrid Museum and has a history of hosting live music.
    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Madrid, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Versatile Corner Unit with Visibility
    Versatile Corner Unit with Visibility

    1300 Rufina #A-1, Santa Fe, NM 87507

    $739,000
    2,242 sqft

    Flexible commercial space suitable for showroom, gallery, studio, or cafe.

    View details
    New Restaurant on Cerrillos Road
    New Restaurant on Cerrillos Road

    3570 Cerrillos Rd, Santa Fe, NM

    $2,000,000
    3,053 sqft 1.61 AC lot

    New restaurant on a 1.61-acre parcel in Santa Fe.

    View details
    Prime Commercial Land in Santa Fe
    Prime Commercial Land in Santa Fe

    6680 Cerrillos, Santa Fe, NM 87507

    $1,250,000
    3.76 AC lot

    3.76-acre vacant commercial parcel in Santa Fe's automotive hub.

    View details
    4000SF Warehouse on Large Lot
    4000SF Warehouse on Large Lot

    664 I-25 E FRONTAGE Road, Algodones, NM 87001

    $700,000
    4,000 sqft 2.32 AC lot

    Warehouse with office on 2+ acre lot, zoned Residential/Commercial.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Ready-to-Build Lot in Madrid, NM
    Ready-to-Build Lot in Madrid, NM

    34 Ice House Road, Madrid, NM 87010

    $105,000
    0.75 AC lot

    0.75-acre lot with well, power, flat, and commercial/residential zoning.

    View details
    Santa Fe Land For Sale
    Santa Fe Land For Sale

    8 Avenida Del Sur, Santa Fe, NM 87508

    $800,000
    2.50 AC lot

    2.5 acre commercial land in high-traffic Santa Fe location.

    View details
    Commercial Land on Frontage Road
    Commercial Land on Frontage Road

    27746 W I-25 Frontage Road, Santa Fe, NM 87507

    $925,000
    2.30 AC lot

    C-2 zoned flat parcel with direct frontage-road access, suitable for a range of service, office, and retail uses.

    View details
    Santa Fe Commercial Land Available
    Santa Fe Commercial Land Available

    17 Paseo de River, Santa Fe, NM 87505

    $1,090,000
    2.50 AC lot

    2.5-acre commercial land with high visibility in Santa Fe.

    View details

    Off-Market Properties in Madrid, NM

    Consider similar Off-Market properties in Madrid, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2849 Nm 14
    RESTAURANT

    2849 Nm 14, Cerrillos, NM 87010-9751

    Value Estimation by Request
    756 sqft
    View details
    2846 Nm 14th N
    RESTAURANT

    2846 Nm 14th N, Cerrillos, NM 87010-9746

    Value Estimation by Request
    471 sqft 5.04 AC lot
    View details

    Madrid, NM Retail Properties & Spaces Market Trends and Statistics

    Explore 4 retail properties & spaces for sale in Madrid, NM on our real estate platform. These investment opportunities span a total of 4,079 square feet of properties for sale, with an estimated market value of $1,750,000.

    Sale prices for stores in Madrid, NM start at $875,000, averaging $875,000, and reaching up to $875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Showrooms 1

    Demographics Overview

    Population 1,147
    Population Growth (5Y) +13.6%
    Median Household Income $45,490
    College Educated 84.5%

    High-Yield Neighborhoods for Investment

    Identify Madrid submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Cerrillos - 87010 $875K

    Listings Trend

    New vs delisted commercial listings in Santa Fe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Santa Fe County

    Office

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Retail properties & Spaces for Sale Near Madrid, NM

    Popular Searches in Madrid, NM

    Popular Categories

    Most Searched ZIP Codes in Madrid, NM

    • 87010

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!