402 Main Avenue, Truth or Consequences, NM 87901
$999,900
Property Type:
Commercial Ind
Lot Size (sq. ft.):
9,801
Status:
Active
Current Price:
$999,900
List Date:
4/20/2025
Last Modified:
6/13/2025
Description
Rare opportunity to own a beautifully restored mixed-use commercial/residential building in downtown T or C, originally built in 1948 as a department store. This approx. 8,500sf structure includes an adjacent 0.045-acre fenced lot at 125 Foch with a steel storage building, raised gardens, and an owned 32-panel solar array 9.2kW system with 20kW battery backup - 2025 - powering 402 Main. The main building features a 1,428 sq ft retail showroom with 15' ceilings, original wood cabinetry and lighting, wood floors, two large display windows, and four storage rooms. An ideal office sits behind the showroom. Upstairs offers a large living area, updated kitchen with oversized refrigerator and freezer, main bedroom, and bathroom. The finished basement includes a 1372sf home theater with bar, pool table, dance floor with lighting, two sleeping areas, ¾ bath, laundry, workshop, and storage. Upgrades: 50 Mil roof (2020), two 5-ton gas HVACs (2019), security, patio, hot tub, carport. Also see residential MLS #2501531.
More Information MLS# 2501063
Contract Information
Qualifying Broker Name: Daniela Sedillo
Qualifying Broker License #: 20643
Transaction Coordinator Name: Maribel Casares
Transaction Coordinator Email: [email protected]
Transaction Coordinator License #: REC20230478
Transaction Coordinator Phone: 915-526-0089
Property Sub-Type: Commercial
Asking Price: 999900
Current Price: $999,900
Status: Active
Term Date: 2025-04-19
Location, Tax & Legal
Address 2: 125 N. Foch
Zip +4: 2843
Account Number: 10622
Parcel Number: 3022078212471
Add Account Number: 10622
Add Parcel Number: 3022078212471
Number: 402
Street Name: Main
St Suffix: Avenue
County: Sierra
State: NM
Zip Code: 87901
Area: 999 - Other
Subdivision: Original Townsite
General Property Info
HOA: No
Lot SqFt: 9801
Actual Lot Size Source: Public Records
Lot Acres: 0.23
Property in PID: No
Use of Electronic Document Transmission: Yes
Green Certified: No
Lot Size: 0 to .24 AC
Number of Units: 2
Owner Financing: Yes
Parking Capacity: 6
Age: 71 to 80 Years
Condition: Good to Excellent
# Stories: 2
3rd Party Approval: No
Short Sale: No
REO/Bank Owned: No
Court Approval: No
Remarks & Misc
Legal: W Pt of Lots, 8,9,10 + 1960 Sq.ft. in Lt 16 Blk 96 - Original Townsite. PINS 302207821 & 3022078214481
Advertising Remarks: Rare opportunity to own a beautifully restored mixed-use commercial/residential building in downtown T or C, originally built in 1948 as a department store. This approx. 8,500sf structure includes an adjacent 0.045-acre fenced lot at 125 Foch with a steel storage building, raised gardens, and an owned 32-panel solar array 9.2kW system with 20kW battery backup - 2025 - powering 402 Main. The main building features a 1,428 sq ft retail showroom with 15' ceilings, original wood cabinetry and lighting, wood floors, two large display windows, and four storage rooms. An ideal office sits behind the showroom. Upstairs offers a large living area, updated kitchen with oversized refrigerator and freezer, main bedroom, and bathroom. The finished basement includes a 1372sf home theater with bar, pool table, dance floor with lighting, two sleeping areas, ¾ bath, laundry, workshop, and storage. Upgrades: 50 Mil roof (2020), two 5-ton gas HVACs (2019), security, patio, hot tub, carport. Also see residential MLS #2501531.
Office/Member Info
Office Address: 555 Telshor Ave, St 300A, Las Cruces, NM 88011
Parking Type
Parking Area: 1
Parking Lot: 1
Street Parking: 1
Building Info
SqFt Land: 9801
Price Per SqFt: 184
Front Foot Land: 62'
SqFt Improvements: 8500 main bldg + mtl bldg
Miscellaneous
Display Window: 1
Fencing: 1
Inside Storage: 1
Living Area In Building: 1
Outside Storage: 1
Shelving: 1
Possession
At Closing: 1
At Funding: 1
Negotiable: 1
Will Sell
Cash: 1
Owner Carry 1st: 1
Owner Carry 2nd: 1
Sell Entirely: 1
Other - See Remarks: Request owner finance details from Realtor
Imp W/Strc Usbl WExzn
Conforming Zoning: 1
Freestanding: 1
W/Commercial Building: 1
Location
Downtown Area: 1
Construction
Block: 1
Cement Siding: 1
Steel Framing: 1
Road Frontage
City Street: 1
Land Status
Land Included: 1
Type of Business
Professional Service: 1
Professional/Office: 1
Retail: 1
Ceiling Height
8 - 10 Ft: 1
11 - 15 Ft: 1
Heating
Electric: 1
Heat Pump: 1
Other - See Remarks: Two 5 ton Electric Mini-Splits installed in 2019
Floors
Carpeting: 1
Laminate/Wood Floors: 1
Wood: 1
Walls
Paneled: 1
Sheet Rock: 1
Wood: 1
Roof
Minimum Pitch: 1
Other - See Remarks: Durolast Membrane installed in 2020
Water Heater
Gas: 1
Main Size Water
Unknown: 1
Other - See Remarks: City installed new water main
Sewer
Unknown: 1
Utilities Available
City Sewer: 1
City Water: 1
Electric: 1
Gas: 1
Tenant Pays
Other - See Remarks: Not currently rented
Property Features
Parking Type: Parking Area; Parking Lot; Street Parking
Possession: At Closing; At Funding; Negotiable
Will Sell: Cash; Owner Carry 1st; Owner Carry 2nd; Sell Entirely
Land Status: Land Included
Road Frontage: City Street
Location: Downtown Area
Type of Business: Professional Service; Professional/Office; Retail
Construction: Block; Cement Siding; Steel Framing
Ceiling Height: 8 - 10 Ft; 11 - 15 Ft
Floors: Carpeting; Laminate/Wood Floors; Wood
Walls: Paneled; Sheet Rock; Wood
Roof: Minimum Pitch
Heating: Electric; Heat Pump
Water Heater: Gas
Miscellaneous: Display Window; Fencing; Inside Storage; Living Area In Building; Outside Storage; Shelving
Main Size Water: Unknown
Sewer: Unknown
Utilities Available: City Sewer; City Water; Electric; Gas
Listing Office:
Keller Williams Realty
Last Updated: June - 13 - 2025
Information deemed reliable but not guaranteed.