Property comes with House ~ Job ~ and easy commute : ) . . . in MADRID not Cerrillos (same zip) This is a prosperous, historically-established "Turn-Key" Gallery for sale in Prime Central location on Main Street, in the quaint village of Madrid, NM. For over 45 years Gifted Hands Gallery has supported only local and Indigenous artists, with the largest collection of Indian ~ Santo Domingo Pueblo Art in the area, plus many other award-winning local artists, including the son of the famous “Red Rider” TV celebrity from the 50’s The business, with or without the attached property is for sale. The property alone is NOT for sale and is not negotiable. The property includes a 1850 SqFt. store-front retail space and studio, plus an additional separate 950 SqFt. 2 BdRm Casita with private entrance on a .6 acre lot. Property also has beautiful enclosed patio with fireplace, pond, a green house and garden space with water catchment system. Private parking and entrance to home on Old Hospital Road. The asking price of $450K is for the value of the property only. The Business, with all inventory, website and media, all POS and electronic equipment, display cases, fixtures, office supplies and operating supplies, etc. all vendor and consigner contacts and contracts, (all inclusive) will be $150k, on a private bill-of-sale contract. Total investment $575K. Owner will consider carrying up to and including $425K of loan on a 10 year contract. Gallery income easily supports the cost of those payments - So in conclusion - $150K puts your foot in the door! to a fantastic opportunity!
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