1003 W 1st Street
Magdalena, NM 87825
2
Bed
4
Bath
3,200Sqft
23,958Sqft(Lot)
Opportunity truly abounds on this spacious 0.55-acre parcel in the historic Village of Magdalena, where character, history, and potential come together in one compelling package. The large commercial building offers an impressive footprint with a garage equipped with a lift, dedicated office space, a comfortable living area, overhead storage, and a generous retail section, all accented by original hardwood floors and beautiful tongue-and-groove wood paneling that speak to its past. One portion of the retail area will require significant repair due to a roof leak, but for the visionary buyer, it’s a blank canvas ready to be reimagined. This building has lived many lives, once a grocery store, a mechanic’s shop, and even a barbershop, adding to its charm and story. Complementing the commerci
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 4 Full Baths: 1 Half Baths: 3 -
Flooring Information
Carpet, Hardwood -
Roofing Information
Metal, Other -
Interior Features
Roof: Metal, Other Appliances: Cooktop, Dryer, Range Hood, Refrigerator, Washer -
Heating & Cooling
Has Heating: Yes Heating: Propane
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Building Information
Year Built: 1946 Building Area Total: 3200 Construction Materials: Adobe, Frame Private Pool: No
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Lot Information
Main Square Feet: 23958 Square Feet Lot Size Acres: 0.55 Lot Size Square Feet: 23958
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Listing Price Information
Listing Price: $395000 Cash, Conventional
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Tax Information
Parcel Number: 0120540120 Tax Year: 2026 Annual Tax: $1411.9 Tax Legal Desc: Tract 1 S22 T2S R4W cont. 55ac
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Parking Information
Parking Total: 2 DetachedGarage Information
Has Garage: Yes Garage Space: 2
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Location Information
Direction: Call listing broker
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 8 Overlook Way, Magdalena, NM, 87825 | $425,000 | 3 | 2 | 2,420 | 2,420 SqFt |
| 12518 Hwy 60, Magdalena, NM, 87825 | $399,000 | 1 | 1 | 450 | 450 SqFt |
| 9 Cochise Drive, Magdalena, NM, 87825 | $325,000 | 2 | 1 | 1,454 | 1,454 SqFt |
| 503 S Pine Street, Magdalena, NM, 87825 | $45,000 | 3 | 1 | 1,475 | 1,475 SqFt |
| 501 9th Street, Magdalena, NM, 87825 | $325,000 | 4 | 2 | 1,848 | 1,848 SqFt |
| 708 S Spruce Street, Magdalena, NM, 87825 | $169,900 | 2 | 1 | 1,321 | 1,321 SqFt |
| 903-907 S Main Street, Magdalena, NM, 87825 | $149,000 | 1 | 1 | 592 | 592 SqFt |
| 100 N Pine Street, Magdalena, NM, 87825 | $99,000 | 1 | 1 | 1,215 | 1,215 SqFt |
| 500 2nd Street, Magdalena, NM, 87825 | $325,000 | 3 | 2 | 1,688 | 1,688 SqFt |
| 704 Elm Street, Magdalena, NM, 87825 | $247,900 | 2 | 1 | 1,178 | 1,178 SqFt |
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ByOwner last updated this listing 07/27/2026 @ 00:15
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