426 N Broadway St, Truth Or Consequences, NM, 87901
About This Home
Located in the heart of the vibrant Hot Springs District in downtown Truth or Consequences, this high-traffic commercial property offers incredible visibility and versatility. Currently operating as a retail-store, the space has a rich history of use as a restaurant, office, and retail location-making it ideal for a wide range of business opportunities. The building still retains key restaurant infrastructure, including a commercial hood, refrigerator, sinks, and ample storage, allowing for an easy conversion back into a dining establishment if desired. The open layout provides flexibility for retail displays, office configurations, or a creative mixed-use concept. Situated in a sought-after area known for its steady foot traffic and thriving local businesses, this property is perfectly positioned for success. Additional features include two on-site storage sheds, offering extra space for inventory, equipment, or supplies. Whether you're looking to launch a restaurant, expand a retail presence, or create a unique business concept, this property delivers location, functionality, and potential.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Foundation: Slab
- Roof: Flat
- Construction materials: Block - Cinder
Type & Style
- Home type: SingleFamily
- Property subType: Mixed Use
Interior
Appliances
- Appliances included: Range Hood,Refrigerator,Ice Maker
Features
- Ceiling Fan(s)
- Flooring: Tile,Concrete
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Evaporative Cooling
Interior Area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
Property
Accessibility
- Accessibility features: ADA Accessible
Details
- Parcel number: 3022079253009
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 2,953 sqft
- Lot size dimensions: 24.6 x 120
Parking
- Parking features: No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Winter Weather
- Cold Wave
- Hail
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Sierra County and New Mexico
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,764 | $21,168 |
| Home Insurance * | $273 | $3,276 |
| Property Taxes | $165 | $1,980 |
| Electricity | $148 | $1,780 |
| Total | $2,350 | $28,200 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-17 | Listed for sale | $349,000 |
View on Zillow