11 Hwy 414

Ojo Caliente, NM
$ 799,000 Beds 0 Baths 0 Sq 6,257
Monthly Estimate* How much can I afford?

An outstanding location in the popular resort town of Ojo Caliente, Northern New Mexico, home to the famous Ojo Caliente Mineral Hot Springs Resort which is currently closed while undergoing a major renovation. Their customers from around the world, year round, pass directly in front of the Inn and Mercantile property off Hwy 414 which terminates at the Mineral Springs. The Mercantile building could be used for a store, seminar space, bike shop or would make a spectacular home/open studio space. There is a 1BR/1BA living quarters, with a private outside door, in the back part of the Mercantile building for an owner/caretaker, as well as a separate small store front/office with an entrance onto the large portal that fronts the highway, across from the historic Catholic Church. The Mercantile building has hardwood floors, 10’ stamped tin ceilings, with a room on each side, an office, a full attic and a customer bathroom. There is a separate metal storage building containing a tool room as well as a large open room with a slab floor and large sliding door, both with electricity. The Bed and Breakfast building, across the yard from the mercantile, has a large open kitchen/dining room, an attached yoga/meeting space, fiber optic as well as an employee bathroom. There are 6 guest rooms, each with it’s own bathroom, and outside door opening onto the portal,. The driveway is circular with parking space surrounding a yard with mature trees for lounging and resting.

Commercial

  • Price
  • $ 799,000
  • Lot Size
  • 0.56 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 6,257
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Ojo Caliente
  • County
  • RIO ARRIBA
  • Style
  • Area
  • Ojo Caliente
  • MLS#
  • 201805236
  • Zip
  • 87549
Listing Provided by: Sarah Wimett with Wimett Realty, Inc..

Features

General

Bank Owned No
Building Use Hotel/Motel/Hospitality, Retail
Class COMMERCIAL BUILDING
Construction Adobe, Frame, Metal, Steel Siding
Extras High Visibility, Kitchen Area, Living Area, Outside Storage, Restrooms, Retail Frontage
Lease Type Other - See Remarks
Legal Description Sec 24 T 24N R 8E .56 acres Part of Tract 8 Map 3 survey 12 Part of Tract 10 Map 3 survey 12 Part of Tract 9 Map 3 survey 12 Quad 2
Listing Area 43-Ojo Caliente
Miscellaneous Living Area in Build
Possession Negotiable
Price Per Sq Ft 127.7
Property Description An outstanding location in the popular resort town of Ojo Caliente, Northern New Mexico
Roof Metal - Propanel, Pitch
Showing Instructions Agent Present, ShowingTime
Status Active
Status Active
Tenant Pays Other - See Remarks
Terms Cash, Other - See Remarks
Type Multi/Mixed Use
Water Community
Zoning C-1

Interior Features

Electricity Public
Flooring Carpeting, Other - See Remarks, Wood
Gas Propane
Unit1 Square Footage # 2777
Unit1 Unit Mercantile
Unit2 Square Footage # 2766
Unit2 Unit Inn
Unit3 Square Footage # 712
Unit3 Unit Garage

Exterior Features

Lot Sq Ft 24394
Parking Facilities Parking Area
Sewage Septic
Water Rights Available No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the White Rock, NM office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

12/14/2020 Listed $799,000

Property vs Zip Code Average in 87549

Price
AVG $500K
$800K
Visits
AVG 4
6

Map

11 Hwy 414 Ojo Caliente, NM is a Single Family Home for sale at $799000 with 6257 sqft and a lot size of 0.56 Acres Acre(s). 11 Hwy 414 Ojo Caliente has 0 bedrooms, 0 baths . The property's zip code is 87549 which is in Ojo Caliente, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.