402 Main Avenue, Truth or Consequences, NM 87901

$949,900
Property Type: Residential Bedrooms: 3 Baths: 2.25 Square Footage: 8,500 Lot Size (sq. ft.): 9,801 Status: Active
Current Price: $949,900 List Date: 5/24/2025 Last Modified: 12/26/2025

Overview

Description

Live where you work in the heart of T or C, and take advantage of owner financing on this beautifully restored mixed-use property! Originally a 1948 department store, this approx. 8,500 sq ft building blends vintage charm with modern flexibility. Live upstairs in the spacious residential suite with an updated kitchen, large bedroom, and ¾ bath. A mid-level suite adds another bedroom and ¾ bath. The finished basement offers a 1,372 sf home theater with bar, pool table & dance floor, plus a 3rd bedroom, ¾ bath, laundry, workshop, and storage. The main level features a 1,428 sf retail showroom with 15' ceilings, original cabinetry, wood floors, two display windows, plus a conference room, office, and storage. Included: adjacent fenced lot with raised gardens, steel storage building, and a 32-panel owned solar array with backup battery powering the main building. Upgrades include roof (2020), HVAC (2019), security, patio, hot tub, and carport. See commercial listing MLS#2501063.

Listing Details MLS# 2501531

Location, Tax & Legal

Number
402
Street Name
Main
St Suffix
Avenue
County
Sierra
State
NM
Zip Code
87901
Area
842 - T or C
Subdivision
Original Townsite
Address 2
125 Foch
Zip +4
2843
Account Number
10622
Major Area
North Valley
Parcel Number
3022078212471
Add Parcel Number
3022078214481 (125 Foch)

Contract Information

Qualifying Broker Name
Daniela Sedillo
Qualifying Broker License #
20643
ud_c100_11
555 Telshor Ave, Ste 300A, Las Cruces NM 88011
Property Sub-Type
Single Family Residence
Zero Lot Line
No
Asking Price
949900
List Price/SqFt
111.75
Term Date
2025-05-23

Keywords

# Bedrooms
3
3/4 Baths
3
Total Baths
2.25
Carport Capacity
2
Design Levels
Multi/Split
Age
71 to 80 Years
Half Baths
0
# Fireplaces
0
Garage Capacity
0

General Property Info

HOA
No
Property in PID
No
Use of Electronic Document Transmission
Yes
Green Certified
No
Type of Structure
Site Built Home
Lot SqFt
9801
Lot Acres
0.23
Legal
W Pt of Lots, 8,9,10 + 1960 Sq.ft. in Lt 16 Blk 96 - Original Townsite. PINS 302207821 & 3022078214481
Appx House SqFt
8500
SqFt Source
Public Records
Year Built
1948
Impact Fee
No
3rd Party Approval
No
Short Sale
No
REO/Bank Owned
No
Owner Financing
Yes
Court Approval
No

Fence

Other - See Remarks
Wrought iron fence and tin wall
Back Yard
Yes

Family Room

Other - See Remarks
Family room is the downstairs home theater area with full bar & pool table
Carpet
Yes
Wet Bar
Yes

More Information

Kitchen

Other - See Remarks
vintage stove, double fridge, reverse osmosis
Breakfast Bar
Yes
Country
Yes
Eating Area
Yes
Gas Range
Yes
Granite Counters
Yes
Linoleum/Vinyl
Yes
Microwave Oven
Yes
Refrigerator
Yes
Wood Cabinets
Yes

Laundry Room

Other - See Remarks
Downstairs
Utility Room
Yes

Other Rooms

Other - See Remarks
Home Theater, Showroom, Bar, Conference Room, Office
Game Room
Yes
Hobby Room
Yes
Loft
Yes
Office
Yes
Study/Library
Yes
Workshop
Yes

Heating

Other - See Remarks
mini-splits
Electric
Yes
Heat Pump
Yes

Basement

Other - See Remarks
Enormous basement with home theater, workshop, etc...

Construction

Other - See Remarks
Partial block, steel and concrete
Block
Yes

Roof

Other - See Remarks
50 Mil roof (2020)
Minimum Pitch
Yes

Other Amenities

Other - See Remarks
Commercial Storefront
Owner Financing
Yes

Remarks & Misc

Advertising Remarks
Live where you work in the heart of T or C, and take advantage of owner financing on this beautifully restored mixed-use property! Originally a 1948 department store, this approx. 8,500 sq ft building blends vintage charm with modern flexibility. Live upstairs in the spacious residential suite with an updated kitchen, large bedroom, and ¾ bath. A mid-level suite adds another bedroom and ¾ bath. The finished basement offers a 1,372 sf home theater with bar, pool table & dance floor, plus a 3rd bedroom, ¾ bath, laundry, workshop, and storage. The main level features a 1,428 sf retail showroom with 15' ceilings, original cabinetry, wood floors, two display windows, plus a conference room, office, and storage. Included: adjacent fenced lot with raised gardens, steel storage building, and a 32-panel owned solar array with backup battery powering the main building. Upgrades include roof (2020), HVAC (2019), security, patio, hot tub, and carport. See commercial listing MLS#2501063.

Office/Member Info

Office Address
555 Telshor Ave, Ste 300A, Las Cruces, NM 88011

Garage Type

None
Yes

Carport Type

Covered
Yes

Possession

At Funding
Yes

Living Room

Built in Bookcase
Yes
Ceiling Fan
Yes
Great Room
Yes
Wood Floors
Yes

Utilities

City Gas
Yes

Cooling

Refrigerated Central
Yes

Style

Historical
Yes

Dining Room

Kitchen Combo
Yes

Primary Bath

No Tub
Yes
Shower Stall
Yes

Primary Bedroom

Blinds
Yes
Carpet
Yes
Ceiling Fan
Yes
On Upper Floor
Yes

Flooring/Foundation

Slab
Yes

Bedrooms/Other

Carpet
Yes
Ceiling Fan
Yes
Split Bedrooms
Yes
Other - See Remarks
mid-level suite

Bathrooms/Others

Shower Stall
Yes

Water Heater

Gas
Yes

Water

City Water
Yes

Interior Features

Dryer
Yes
Hot Tub
Yes
Open Floor Plan
Yes
Washer
Yes

Sewer

City Sewer
Yes

Windows

Aluminum/Steel
Yes
Double Pane
Yes
Single Pane
Yes

Pool/Spa

Hot Tub
Yes

Porch/Patio/Deck

Pergola
Yes
Other - See Remarks
Solar shade pergola with raised gardens & storage shed

Exterior Features

Shed(s)
Yes

Renewable Energy

Solar
Yes

Property Features

Garage Type: None Carport Type: Covered Fence: Back Yard Possession: At Funding Living Room: Built in Bookcase; Ceiling Fan; Great Room; Wood Floors Family Room: Carpet; Wet Bar Dining Room: Kitchen Combo Kitchen: Breakfast Bar; Country; Eating Area; Gas Range; Granite Counters; Linoleum/Vinyl; Microwave Oven; Refrigerator; Wood Cabinets Primary Bath: No Tub; Shower Stall Primary Bedroom: Blinds; Carpet; Ceiling Fan; On Upper Floor Laundry Room: Utility Room Other Rooms: Game Room; Hobby Room; Loft; Office; Study/Library; Workshop Interior Features: Dryer; Hot Tub; Open Floor Plan; Washer Heating: Electric; Heat Pump Cooling: Refrigerated Central Water Heater: Gas Utilities: City Gas Water: City Water Sewer: City Sewer Windows: Aluminum/Steel; Double Pane; Single Pane Construction: Block Style: Historical Roof: Minimum Pitch Exterior Features: Shed(s) Other Amenities: Owner Financing Renewable Energy: Solar

Room Information

Kitchen Remarks: Upstairs Living Room Remarks: Upstairs Master Bedroom Remarks: Upstairs Bedroom 2 Remarks: Mid-level Bedroom 3 Remarks: Downstairs
Listing Office: Keller Williams Realty
Last Updated: December - 26 - 2025
Information deemed reliable but not guaranteed.