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!
For sale
$395,000
1003 W 1st St, Magdalena, NM 87825
2beds
3,200sqft
Single Family Residence
Built in 1946
0.55 Acres Lot
$-- Zestimate®
$123/sqft
$-- HOA
What's special
Original hardwood floorsOverhead storageDedicated office spaceGenerous retail sectionWarm spacious kitchenIncludes its own garageFully fenced yard
- 107 days
- 52
- 1
Zillow last checked:
Listing updated:
Listed by:
Jennifer Lee 928-245-7454,
Catron County Realty 928-245-7454
Source: New Mexico MLS,MLS#: 20263305
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 1
- 1/2 bathrooms: 3
- Partial bathrooms: 3
Heating
- Propane
Features
- Flooring: Carpet, Hardwood
- Has fireplace: No
Interior area
- Total structure area: 3,200
- Total interior livable area: 3,200 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Open
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Fencing: Back Yard
Lot
- Size: 0.55 Acres
- Topography: Back Yard
Details
- Parcel number: 0120540120
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Metal
Condition
- Year built: 1946
Community & HOA
HOA
- Has HOA: No
Location
- Region: Magdalena
Financial & listing details
- Price per square foot: $123/sqft
- Annual tax amount: $1,412
- Date on market: 6/4/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Cooktop, Dryer, Range Hood, Refrigerator, Washer
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Listed for sale | $395,000$123/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 87825
Nearby schools
Schools provided by the listing agent
- Elementary: None/Other
- Middle: None/Other
- High: None/Other
Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



