Rare find commercial/residential property in heart of the popular artist and entertainment tourist destination, Madrid New Mexico, right on the Turquoise Trail National Scenic Byway, Hwy 14. It has an Owner Occupancy Business License and is perfectly situated for a vacation rental, retail/gallery, or live/workspace. Covered front porch entrance into a spacious and sunlit front room-gallery, kitchen, bathroom, bedroom, and a newly remodeled back room adds a living room, office or additional sleeping area. Basement area, sun room and yard.. 23 miles from Santa Fe, Madrid attracts visitors from both Santa Fe and Albuquerque as well as National and International tourists and is famous for its many unique shops and galleries, Christmas light display, 4th of July and Christmas Parades, and Maggie's Diner biker photo op and Wild Hogs movie memorabilia.