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505 First Street

Magdalena, NM 87825
  • $1,000,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 1076464
UPDATED: 69 min ago
$1,000,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

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.

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IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2025-02-14T15:05:11.633.
www.albuquerquerealestateservices.com/homes/159452732
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505 First Street Magdalena, NM 87825

  • Price: $1,000,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 69 min ago
  • MLS #: 1076464
0
Beds
0
Baths
0
½ Baths
0.25
Acres
Neighborhood:
680 - Out of Area
County:
Socorro
Area:
680 - Out of Area
Property Description
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.
Exterior Features

Construction Materials Frame Exterior Features Propane Tank - Leased Parking Total 15 Stories Total 1

Interior Features

Cooling Evaporative Cooling Cooling YN Yes Heating Propane Heating YN Yes

Property Features

Land Lease YN No Leasable Area 100 Lease Considered YN No Lease Term None Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional Property Sub Type Other Property Sub Type Additional Other Tax Annual Amount 1218.86 Utilities Electricity Connected Propane Sewer Connected Water Connected Zoning Description C-1

Southwest MLS] logo Listing courtesy of Realty One of New Mexico, LLC: (505) 717-9517. © 2025 Southwest Multiple Listing Service, Inc.


IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2025-02-14T15:05:11.633.
 
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Rush Real Estate Group | Realty One of New Mexico
8500 Menaul Blvd. NE, Suite A-240
Albuquerque NM, 87112