203 Nm Highway 3, Ribera, NM 87560

$499,000
3,100
SqFt

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List Price
$499,000
Status
ACTIVE
MLS#
202601555
Year Built
1935
Price Change
▼ $80,000 1784082620
Living Area
3,100
Lot Size
37,243
Area
28-San Miguel Cnty
Days On Market
105

Property Description

A charming compound: two homes, a commercial building we call the Sala, and lots of parking space in the village of Ribera provides the perfect live/work opportunity. Live in one home and rent out the other while you operate an art gallery or retail space where the Ribera Farmer's Market has been located. Both homes have that Southwestern Style with vigas, and both have been recently updated with new electrical, new mini-splits, and so much more. The first home is an adobe with 3 bedrooms, living room, mini splits, wood stove, granite counters, eat in kitchen, laundry room, a full bathroom, with two covered portal porches, and is fully fenced. It shares electric meter with the commercial building. It is vacant and ready to move in and has rented for $1,500 per month in the past. The second home has 30 inch rock walls, 2 bedrooms, 1 bathroom, a covered portal porch, wood stove, and is fully fenced. It is currently rented for $1,100 per month, and it has its own electric meter. The Sala commercial building is a large adobe and rock building with high ceilings and gorgeous vigas. There is plenty of parking all around, with views of the mesa and close to I-25 for a 20 minute drive to Las Vegas NM or 40 minutes to Santa Fe. Villanueva State Park is just down the road with camping and hiking. This beautiful New Mexico style compound has income and space to live and work in a beautiful environment! Be sure to watch both video tours in the video links.

Additional Information

Style
Northern New Mexico, One Story
Acres
0.86
Sewer
Septic Tank
Roof
Metal
Heating
Ductless, Wood Stove
Cooling
Ductless, Refrigerated
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Calculator source: Real Geeks

Listing courtesy of Kitty Ballard-Ryan from Berkshire Hathaway HomeService

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