Views
Address
1003 W 1st St, Magdalena, NM
Price
$ 395,000
Property Attributes
- MLS#20263305
- TypeSingle Family
- Listing Status Active
- CountySOCORRO
- CityMagdalena
- AreaNew Mexico Mls
- Zip87825
- StyleBung-a-low
- Year Built1946
- Taxes$ 1412
- Price$ 395,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms3
- Sqr Footage3200
- Lot Size0.55 Acres
Data Source:
New Mexico MLS (NMMLS)
Property Description
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 commercial space is a cozy 1,000 sq ft adobe home featuring classic thick adobe walls that naturally regulate temperature year-round. The warm, spacious kitchen flows into a bright living and dining area, creating an inviting atmosphere throughout. Out back, the fully fenced yard frames stunning views of the Magdalena Mountains and includes its own garage. With Village water and sewer already connected, easy access, and endless possibilities for business, living, or both, this is a rare chance to bring new life to a property with deep roots and remarkable potential. The commercial property maybe purchased separately if desired. Call today for a tour of this amazing property!
| Elementary School | Middle School | High School |
|---|---|---|
| None/Other Elementary School | None/Other Middle School | None/Other High School |
| Price History | |
|---|---|
| 6/5/2026 | Listed $395,000 |
General Features
| Living Area | 3200.0 |
|---|---|
| Heating | Propane |
| Roof | Metal, Other |
| Garage Spaces | 2.0 |
| Architectural Style | Bung-a-low |
| Construction Materials | Frame |
| Pets Allowed | No |
| Year Built | 1946 |
| Topography | Back Yard |
| Assessments | False |
| Property Subtype | Single Family Site Build |
| Parcel Number | 0120540120 |
| County | Socorro |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Garage Y/N | Yes |
| Total Rooms | 6 |
| Full Baths | 1 |
| Status | Active |
| Directions | Call listing broker |
| High School | None/Other |
| City | Magdalena |
| Senior Community Y/N | No |
| MLS Area | New Mexico Mls |
| Lot Size Units | Acres |
| Lot Size Square Feet | 23958.0 |
| Carport Y/N | No |
| Elementary School | None/Other |
| Property Attached Y/N | No |
| Tax Annual Amount | 1412.0 |
| Home Warranty Y/N | No |
| Middle/Junior High School | None/Other |
| Lease Considered Y/N | No |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Owner |
| PostalCity | Magdalena |
| Legal Description | Tract 1 S22 T2S R4W cont. 55ac |
| ADU | No |
Interior Features
| Flooring | Carpet, Hardwood |
|---|---|
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Half Baths | 3 |
| Total Bedrooms | 2 |
| Total Baths | 4 |
| 1/2 Baths | 3 |
Exterior Features
| Fencing | Back Yard |
|---|---|
| Parking Features | Detached |
| Total Parking | 2.0 |
| Inclusions | Cooktop, Dryer, Range Hood, Refrigerator, Washer |
| Lot Size Area | 0.55 |
| Spa | No |
| Building Area Total | 3200.0 |
| Lot Size Acres | 0.55 |
| Waterfront Y/N | No |
| Covered Spaces | 2.0 |
| RV Parking Dimensions | 0.00 |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 87825
Price
Taxes
Year Built
Ruidoso/Lincoln County Association of REALTROS®
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing information provided courtesy of the Realtor Association of New Mexico. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
