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402 Main Avenue, 
Truth Or Consequences, NM 87901

$949,900


3

Beds


3

Baths


8,500

Sq Ft


Single Family

Active

Listed by

Jake Mossman

Franklin J. Torres

Keller Williams Realty

575-527-0880

Last updated:

December 26, 2025, 05:42 PM

MLS#

2501531

Source:

NM LCAR

About This Home

402 Main Avenue

Live where you work in the heart of T or C, and take advantage of owner financing on this beautifully restored mixed-use property! Originally a 1948 department store, this approx. 8,500 sq ft building blends vintage charm with modern flexibility. Live upstairs in the spacious residential suite with an updated kitchen, large bedroom, and 3/4 bath. A mid-level suite adds another bedroom and 3/4 bath. The finished basement offers a 1,372 sf home theater with bar, pool table & dance floor, plus a 3rd bedroom, 3/4 bath, laundry, workshop, and storage. The main level features a 1,428 sf retail showroom with 15' ceilings, original cabinetry, wood floors, two display windows, plus a conference room, office, and storage. Included: adjacent fenced lot with raised gardens, steel storage building, and a 32-panel owned solar array with backup battery powering the main building. Upgrades include roof (2020), HVAC (2019), security, patio, hot tub, and carport. See commercial listing MLS#2501063.

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 1948

Price Summary

949,900

$111 per Sq. Ft.

MLS #:

2501531

Last Updated:

December 26, 2025, 05:42 PM

Added:

7 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Interior

Living Area:

8,500 Sq. Ft.


Structure

Structure

Architectural Style:

Historic

Building Area:

8,500 Sq. Ft.

Year Built:

1948


Lot

Lot Size (Sq. Ft):

9,801


Finances & Disclosures

Finances

Price:

$949,900

Price per Sq. Ft:

$111 per Sq. Ft.

Source:NM LCAR
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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.