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2864 Nm 14, 
Cerrillos, NM 87010

$540,000

3

Beds

3

Baths

2,791

Sq Ft

Single Family

Virtual Tour

Active

Listed by

Michael S. Sanford

Barker Realty, LLC.

505-982-9836

Last updated:

August 2, 2026, 03:18 PM

MLS#

202603380

Source:

NM SFAR

About This Home

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!

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 1920

Price Summary

540,000

$193 per Sq. Ft.

MLS #:

202603380

Last Updated:

August 2, 2026, 03:18 PM

Added:

1 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

2,791 Sq. Ft.

Structure

Structure

Building Area:

2,791 Sq. Ft.

Year Built:

1920

Lot

Lot Size (Sq. Ft):

7,840

Finances & Disclosures

Finances

Price:

$540,000

Price per Sq. Ft:

$193 per Sq. Ft.

Source:NM SFAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.