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For sale
  • $395,000

    1003 W 1st St, Magdalena, NM 87825

    2beds
    3,200sqft
    : 
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    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
    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, its a blank canvas ready to be reimagined. This building has lived many lives, once a grocery store, a mechanics 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.
    35 days
    |
    87
    |
    3
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Lee 928-245-7454,

    Catron County Realty 928-245-7454

    Source: New Mexico MLS,MLS#: 20263305MLS Logo

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      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

        DateEventPrice
        6/5/2026Listed for sale$395,000$123/sqft
        Source: New Mexico MLS #20263305 Report a problem

        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 87825

        Getting around

        27 / 100
        Car-Dependent
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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