About 2864 Nm 14
Unique residential, live-work or investment opportunity in downtown Madrid. Versatile mixed-use property with storefront and multiple residential units. Discover endless possibilities with this mixed-use property, ideally located in the heart of downtown Madrid. Anchored by an approximately 1,400-square-foot storefront, the space is ideal for retail and enjoys a high foot traffic area. Recent improvements include a brand new roof and updates to the electrical and plumbing systems, providing peace of mind for the next owner. Beyond the storefront, the property features three distinct residential spaces: a 320-square-foot upstairs studio apartment, a 612-square-foot downstairs one-bedroom apartment, and a 477-square-foot one-bedroom casita at the rear. Courtyards separate the casita from the main building, offering functional outdoor space. Whether you are looking for a live-work arrangement, seeking rental income, or considering a unique investment, this property is ready for its next chapter. Come see today and explore the opportunity in vibrant downtown Madrid!
Commercial Sale property for sale in Cerrillos, NM at 2864 Nm 14. This Commercial Sale property is priced at $383/sqft
Features of 2864 Nm 14
| MLS® # | 202603406 |
|---|---|
| Price | $540,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,409 |
| Square Footage | 1409 SquareFeet |
| Acres | 0.18 |
| Year Built | 1920 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Style | Northern New Mexico, Other, See Remarks |
| Status | Active |
Community Information: Cerrillos
| Address | 2864 Nm 14 |
|---|---|
| Area | 12-Madrid/Cerrillos |
| City | Cerrillos |
| County | Santa Fe |
| State | NM |
| Zip Code | 87010 |
Amenities of 2864 Nm 14
| Utilities | Electricity Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior of 2864 Nm 14
| Interior | Flagstone, Tile, Wood |
|---|---|
| Interior Features | Interior Steps |
| Heating | Propane |
| Cooling | None, Refrigerated, Window Unit(s) |
| Fireplace | No |
| Has Basement | No |
Exterior of 2864 Nm 14
| Exterior | Frame |
|---|---|
| Roof | Metal, Shingle |
| Construction | Frame |
School Information
| Elementary | Amy Biehl Community |
|---|---|
| Middle | Milagro |
| High | Santa Fe |
Additional Information On 2864 Nm 14
| Date Listed | August 6th, 2026 |
|---|---|
| Days on Market | 36 |
| Zoning | Other |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 20 |
| HOA Fees Freq. | Annually |
Listing Details
| Agent | Michael S. Sanford |
|---|---|
| Office | Barker Realty, LLC |