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    Madrid, NM
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    Madrid, NM Storefront Properties for Sale

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    Santa Fe, NM Lamy, NM Galisteo, NM Budaghers, NM Algodones, NM Stanley, NM Pena Blanca, NM Sandia Park, NM
    Remodeled Live-Work Bungalow
    Updated: Jun 26
    Remodeled Live-Work Bungalow

    2863 NM 14 Highway, Madrid, NM 87010

    $875,000
    1,800 sqft 0.16 AC lot
    1,800‑square‑foot live‑work bungalow on a 0.16‑acre lot
    1931 construction with remodeled interior finishes and updated windows, doors, and lighting
    Front gallery offers 14‑foot ceilings and separate apartment and studio spaces
    Historic mixed‑use zoning allows residential or commercial use
    Private paved driveway parks three cars, with two additional roadway spaces
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    Mixed-Use Property with Storefront
    Updated: Aug 6
    Mixed-Use Property with Storefront

    2864 NM 14, Cerrillos, NM 87010

    $540,000
    3,723 sqft 0.18 AC lot
    Approximately 1,400‑square‑foot storefront
    Three residential spaces: 320‑square‑foot studio, 612‑square‑foot one‑bedroom apartment, and 477‑square‑foot casita
    3,723 square feet on 0.18 acres
    New roof plus electrical and plumbing updates
    Courtyards separate the rear casita from the main building
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Madrid, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Multi-Tenant Freestanding Retail Building
    Multi-Tenant Freestanding Retail Building

    3777 Cerrillos Rd, Santa Fe, NM 87507

    $3,017,687
    5,473 sqft 0.77 AC lot

    Three occupied suites serve a prominent signalized intersection in a major Santa Fe trade area.

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    Two-Building C-1 Storefront Property
    Two-Building C-1 Storefront Property

    3908 Rodeo Road, Santa Fe, NM 87507

    $420,000
    2,100 sqft 0.33 AC lot

    Pair of structures combines former retail space with a duplex configuration and renovation needs.

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    Duplex with Former Dress Shop
    Duplex with Former Dress Shop

    3908 Rodeo Road, Santa Fe, NM 87507

    $420,000
    2,100 sqft

    Two-building property on separate lots with residential and former commercial configurations requiring renovation.

    View details
    Retail Storefront with Pylon Sign
    Retail Storefront with Pylon Sign

    3668 Cerrillos Rd, Santa Fe, NM 87507

    Contact for pricing
    5,475 sqft

    C2-zoned storefront with paved parking, pylon signage, and access from Cerrillos Road.

    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.

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    Land on NM 14, Cedar Crest
    Land on NM 14, Cedar Crest

    12141 Nm State 14, Cedar Crest, NM 87008

    $899,000
    15.90 AC lot

    Land in Cedar Crest, NM, with C-1 and A-2 zoning.

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    C-1 Commercial Land
    C-1 Commercial Land

    12 Edgewood 7 Road, Edgewood, NM 87015

    $2,215,000
    4.13 AC lot

    Corner parcel with multiple curb cuts, public water and sewer, and access from two established routes.

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    C-1 Commercial Land
    C-1 Commercial Land

    410 W Irene Avenue lot: 6, Moriarty, NM 87035

    Contact for pricing
    0.16 AC lot

    Paved-road parcel with public water and public sewer serving a light-commercial zoning designation.

    View details

    Madrid, NM Storefront Properties Market Trends and Statistics

    Explore 2 storefront properties for sale in Madrid, NM on our real estate platform. These investment opportunities span a total of 5,523 square feet of properties for sale, with an estimated market value of $1,415,000.

    Sale prices for retail units in Madrid, NM start at $540,000, averaging $707,500, 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 2

    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

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