1408 W First (Us Hwy 60) Street, Magdalena, NM 87825 (MLS# 1036500)

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1408 W First (Us Hwy 60) Street, Magdalena, NM 87825

$250,000
Property Type: Commercial Sale Square Footage: 1,200 Lot Size (sq. ft.): 87,120 Status: Active
Current Price: $250,000 List Date: 6/20/2023 Last Modified: 4/26/2024

Description

This successful 1200 SF Diner is on 2 Acres with stunning mountainous views on Highway 60 Frontage. Tumbleweeds is the hub & gathering place for the community & attracting road trippers & tourists from all over the world. Dry camping available Diner has been featured in Edible NM, Local Papers, KOAT TV News, & More! Newly remodeled! New equipment, Mini Split heating/cooling, grease trap, deep fryer, griddle, stove, fridges, 3 compartment sink, hand washing sink, counter tops, dinning room table & chairs, beverage cooler. Beer & Wine license. Opportunity for growth in developing land such as RV spots, patio, & camping. Come to a Historic Village of Magdalena known for its dark starry skies & breathtaking New Mexico sunsets. Hiking & hunting nearby in the Cibola National Forest.

More Information MLS# 1036500

Contract Information

Listing Price: 250000 Current Price: $250,000 List Price/SqFt: 208.33 Status: Active

Location

Street #: 1408 Direction: W Street Name: First (Us Hwy 60) St Suffix: Street County: Socorro City/Town Code: Magdalena State/Province: NM Zip Code: 87825 Directions: At the west of Magdalena property will be to to your right after you pass Sierra propane Geo Lat: 34.112959 Geo Lon: -107.255918 Area: 621 - South Socorro Zone Atlas: NOZA

General Property Description

Property Sub-Type: Restaurant Apx Structured SqFt: 1200 SqFt Source: Floorplan Acres: 2 Lot SqFt: 87120 Apx Lot Dim Front: 205.00 Apx Lot Dim Side: 493.00 Addl Lot Dim: N/A Lot Size Source: Plat Flood Zone: No Flood Map Total # Stories: 1 Ceiling Height Range: 11x9 level # Parking Spaces: 25 Docks: No Door Height: 80 Feet Disability Access: Yes % Occupied: 50 Transaction Type: Sale

Tax & Legal Info

UPC Code: 01202700690101 Short Legal Desc: : Parcel b In Section 28, T2s, R4w, Nmpm, Socorro County, Consisting Of 2.00 Acres More Or Less. GRT Code: 25-221 Current Taxes: 500 Tax Exemption: No

Miscellaneous

Land Ownership: Land Owned

Cooling

Centrally Ducted: No

Sales Info

Trade/Xch Considered: No

Property Features

Location: Highway Frontage; Rural; Highway Frontage; Rural Construction: Frame Exterior Material: Stucco Property Access: N Property Line Road Surface Type: Paved Utilities: Electricity Connected; Phone Connected; Propane Leased; Sewer Connected; Water Connected Heating: Split System Cooling: Heat/Cooling Combination; Window Units(s) Features: Grease Pit; Public Resrooms Lease Information: None Parking: Onsite Docs/Data Available: Plat Map; Title Policy Finance Considered: Cash; Conventional Zoning: RC
Listing Office: Realty One of New Mexico
Last Updated: April - 26 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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