2881 & 2883-B Nm 14, Madrid, NM 87010

Property Description

Rare opportunity to own the only two adjoining undeveloped commercial lots in Madrid’s business district along the historic Turquoise Trail. Located at 2881 & 2883 B State Hwy. 14, these properties offer 140 feet of highway frontage with excellent visibility and high daily traffic. Each lot is approximately 8,000 sq. ft., with utilities (water and power) at the property lines and the potential to build up to 2,400 sq. ft. per lot (to be verified with SF County if of material concern). There’s ample space for required off-street parking. Included with 2881 is a 200 sq. ft. studio built with 12” pumice and concrete walls, vigas, French doors, thick wood jambs, and a 200 sq. ft. concrete patio. Both parcels are currently rented month-to-month to Connie’s Photo Park and Old West Photography, with rental agreements set to terminate at closing. Personal property, including the Gypsy Wagon, stagecoach, camper, costumes, and photo props, are not included in the sale. A standout investment in one of New Mexico’s most popular artistic and tourist destinations. The Live work and commercial designations make these lots highly usable. It's rare to find two lots together in the townsite of Madrid. This opens up the possibilities due to current building and us regulations, single lots are hard to develop. Sold as one.

Listing Status:

Active

Date Added:

September 15, 2025 at 05:00AM

Listing Office:

Santa Fe Realty Unlimited : (505) 467-8829

Listing Agent:

Leland Titus : (505) 603-2435

MLS ID:

202504270

Exterior

• General: None

Location

• Originating MLS: SFAOR_SFAOR
• County: Santa Fe

Lot

• Zoning: C-1C-2OtherT14N R 7E S25 Lots 39 and 41 of the Madrid Townsite076004005

Utilities

• Utilities: Electricity AvailableSewer Not Available
• Water: Community/Coop
• Sewer: None

Financial

• Source: SFAOR_SFAOR

This listing courtesy of Leland Titus, Santa Fe Realty Unlimited