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 3/4 bath. A mid-level suite adds another bedroom and 3/4 bath. The finished basement offers a 1,372 sf home theater with bar, pool table & dance floor, plus a 3rd bedroom, 3/4 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.
For sale
$999,900
402 Main Ave, Truth Or Consequences, NM 87901
3beds
8,500sqft
Est.:
Single Family Residence, Residential
Built in 1948
10,018.8 Square Feet Lot
$-- Zestimate®
$118/sqft
$-- HOA
What's special
- 200 days |
- 369 |
- 18 |
Zillow last checked: 8 hours ago
Listing updated: November 07, 2025 at 08:02am
Listed by:
Jake Mossman 575-650-8615,
Keller Williams Realty 575-527-0880,
Franklin J. Torres 915-704-1749,
Keller Williams Realty
Source: SNMMLS,MLS#: 2501531
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- 3/4 bathrooms: 3
Rooms
- Room types: Game Room, Workshop, Study, Office, Loft, Hobby Room
Heating
- Electric, Heat Pump, Mini-Splits
Cooling
- Heat Pump, Central Air
Appliances
- Included: Washer, Dryer
- Laundry: Utility Room, Downstairs
Features
- Open Floorplan
- Flooring: Flooring Foundation: Slab
- Windows: Aluminum/Steel, Single Pane, Double Pane Windows
- Basement: Enormous Basement With Home Theater, Workshop, Etc...
Interior area
- Total structure area: 8,500
- Total interior livable area: 8,500 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
- Details: Carport Type: Covered
Features
- Levels: Multi/Split
- Patio & porch: Pergola, Solar Shade Pergola With Raised Gardens & Storage Shed
- Has spa: Yes
- Spa features: Heated
- Fencing: Back Yard,Wrought Iron Fence And Tin Wall
Lot
- Size: 10,018.8 Square Feet
- Dimensions: 0 to .24 AC
- Features: Amenities: Owner Financing
Details
- Additional structures: Shed(s)
- Parcel number: 3022078212471
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Historic
- Property subtype: Single Family Residence, Residential
Materials
- Block, Partial Block, Steel And Concrete
- Roof: Minimum Pitch,50 Mil Roof (2020)
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: City Gas
Green energy
- Energy generation: Solar
Community & HOA
Community
- Subdivision: Original Townsite
HOA
- Has HOA: No
Location
- Region: Truth Or Consequences
Financial & listing details
- Price per square foot: $118/sqft
- Date on market: 5/24/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 6/13/2025 | Price change | $999,900-16.7%$118/sqft |
Source: SNMMLS #2501531 Report a problem | ||
| 5/24/2025 | Listed for sale | $1,200,000$141/sqft |
Source: SNMMLS #2501531 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$5,710/mo
Principal & interest
$4902
Property taxes
$458
Home insurance
$350
Climate risks
Neighborhood: 87901
Nearby schools
GreatSchools rating
- 3/10T Or C Elementary SchoolGrades: PK-3Distance: 1.4 mi
- 4/10T Or C Middle SchoolGrades: 6-8Distance: 1.3 mi
- 5/10Hot Springs High SchoolGrades: 9-12Distance: 1.2 mi
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