About This Home

This 0-bedroom, 0-bathroom commercial at 402 Main St in Truth Or Consequences, NM is listed for $939,900 ($111 per sqft). Built in 1948, the home offers 8,500 sqft of living space on a 0.25 acres lot.

Key Features

  • Built in 1948
  • 0.25 acre lot

Property Details

1948

Amenities

SolarA/C
Listing Description

Welcome to 402 Main Streeta one-of-a-kind opportunity to own a beautifully tri level restored, historic commercial building with unmatched versatility and character. Once known as Barnes Department Store. A historic location in downtown Truth or Consequences, NM with mixed-use potential featuring huge display windows, showroom with lighted wood cabinetry & 4 dressing rooms.

Backyard is fenced with a pergola covered patio and hot tub. Includes 10 ft security fenced lot behind & across alley on 125 Foch surrounding the 32 Solar Panels with 32 IQ8 inverters and garden area with raised planting beds, 18 x 21 Mueller metal storage bldg with concrete floor.

Building consist of office, Upstairs apt with LR, kitchen 3/4 bath, BR. Second level apt with LR with BR 3/4 bath. Basement level offers 2 sleeping areas with closets, storage, laundry area & 3/4 bath along with an additional home theater, dance floor, pool table and bar with enhanced lighting for entertaining.

Utility room with washer & dryer. Central heating & cooling. 2 roof mounted 5 ton HVAC in 2019 with 10 yr warranty. New roof 2020 with 20 year Duro-Last Warranty. 32' wide unpaved parking lot with carport. Must see this spectacular place for yourself. Offered by LaNeer Wrye Cripple Creek Realty.

Monthly Cost Estimate

$5,027/mo

20% down · 6.5% · 30 years

Principal$680
Interest$4,073
Insurance$274

Estimates only. Actual payments may vary.

Location

402 Main St

Truth Or Consequences, NM 87901

Features & Amenities

Interior Features

Audio/Video SurveillanceSecurity System

Property Details

Flooring

Wood

Construction

Block - Cinder Brick Concrete Crawlspace Frame Log Masonry Metal Frame Siding Slump Block Fiberglass Styrofoam Clay Tile Concrete Block Mission Stone

Heating

Forced AirSolar (Heating)Active Solar

Appliances

Water Heater

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 402 Main St is listed at $939,900 ($111/sqft). The estimated monthly payment is $5,027 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1948, 0.25 acre lot. Interior Features: Audio/Video Surveillance, Security System.

This property is listed by LaNeer K Wrye and can be reached at 5757402711.

LW

LaNeer K Wrye

License 19153

Agent at Cripple Creek Realty

(575) 740-2711

Listed by Cripple Creek Realty · Broker phone: (575) 740-2711 · View on Broker Site

MLS# 20263107· Source: New Mexico MLS· 13 days on PropertySimple

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

402 Main St, Truth Or Consequences, NM 87901

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