Home / Magdalena / Out of Area / MLS #1076464

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505 First Street

Magdalena, NM 87825

$1,000,000

0.25 acres

01/15/2025

Listing Date

1076464

Listing #

87825

Zip Code

Socorro

County

About This Property

Rare opportunity to own the Golden Spur Saloon in Magdalena New Mexico. The sale includes the dispensary license which includes package liquor sales and liquor sales on Sunday. This One of a Kind 1936 property has the original oak floors, newly resurface pool tables, stage area, open outdoor patio with plenty of seating and tons of storage. The plumbing and electrical has been recently updated. All of the equipment is newer. The sale also includes the Golden Grill Cafe next door with newer equipment and updated plumbing & electrical. Located on main street the place is always busy. This is the only saloon for miles. Fantastic opportunity to take over an already established business.

Building And Construction

Property Type: Commercial Sale

Construction Materials: Frame

Exterior And Lot

Lot Size Acres: 0.25

Lot Size Square Feet: 10,890 sqft

Exterior Features: Propane Tank - Leased

Parking Total: 15

Provisional

MLS #: 1076464

Leasable Area: 100 sqft

Listing Terms: Cash, Conventional

Area And Schools

City: Magdalena

Postal Code: 87825

MLS Area Major: Out of Area

County: Socorro

Parcel Number: R013102

Utilities

Utilities: Electricity Connected, Propane, Sewer Connected, Water Connected

Cooling: Evaporative Cooling

Heating: Propane

Heating (Y/N): Yes

Location

Directions: From Socorro drive West on 60 to Magdelena. Drive West on 60 to property.

Listing courtesy of Realty One of New Mexico, LLC

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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Daria Derebera

Real Estate Agent in Albuquerque, NM

(505) 521 8550

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