Active
2842 NM-14
2842 NM-14 Madrid, NM 87010
1 / 15
Overview
Gypsy Plaza
One-of-a-kind building in historic Madrid, NM
9 tenant spaces for shops and local businesses
1 live/work studio apartment
$849,000
+/- 4,053 SF Building
+/- 14,625 SF Lot
(9) unique retail and gallery units
(1) live/work studio apartment Leased to long-term reliable tenants
• Village Grocer
• Thrift Store
• Local Realtor
• Astrologist & Psychic
• Beads, Stones & Jewelry
• Handmade Chocolate Shop
• Chiropractor & Healing Arts
• Artist Studios & Galleries
• Creative Classes & Events Space
Attachments
For Sale
Investment
- Sale Price
- $849,000
- Price Per SF
- $209.5/SF
- Cap Rate
- 7.67%
- Building Size
- 4,053 SF
- Gross Income
- $78,432
- Net Operating Income
- $65,160
- Total Expenses
- $13,272
- Tenant
- 10 tenants
- Building Name
- Gypsy Plaza
- Building Class
- C
- Floors
- 1
- Tax ID Number
- 76004165
- Property Use Type
- Investment
- Property Status
- Existing
- Average Occupancy Rate
- 100%
- County
- Santa Fe
- Created
- 2025-03-27
- Updated
- 2025-03-27
- Listing ID
- 6c697cc1