Las Vegas NM Commercial for Sale

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Type:
Other
Sq.Ft.:
3,120
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1882
Baths:
3.00
MLS#:
20246838

ADDITIONAL INFORMATION

Historical two-story Italianate style commercial building constructed in 1882. History tells us this structure was a dry goods, millinery store. In 2015, it became home to the Indigo Theater. The fully equipped theater seats 53, has LED lighting, and wood flooring. The upper level features a large apartment. The lot offers a 25’ x 66’ additional space for parking at the back of the building for loading and parking. The CH zoning is an overlay zone for Historical Preservation, and the C-2 zoning provides for commercial use and dwelling units. With an elegant store front, an established business, its location in the heart of Las Vegas history, and adjacent to the City Bridge Street Breezeway, makes it easy access for foot traffic and an attractive lucrative investment.

Type:
Other
Sq.Ft.:
5,000
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
1988
Baths:
2.00
MLS#:
20246075

ADDITIONAL INFORMATION

Prime location for your business, on historic Bridge Street, just steps from Las Vegas' historic plaza. To sweeten the deal, you could live on the second floor, or rent it to additional tenants. Its neighbors are Las Vegas' venerable and beautiful historic commercial establishments, but this building is an infill, built in 1988 in the style of its neighbors. Parking is along Bridge Street or in an off-street lot in the back (4-5 spaces). The first floor has a stage in the main room, several storage closets, a bathroom, and a separate utility washing area with a drain. The second floor includes 3 bedrooms or separate offices, a kitchen, dining area, and full bath with laundry. New roof in 2004; central heat and air; security system with panels in front and back of building. Currently vacant but most recently housed Paper Trail, a gift shop. Have it all - a beautiful historic facade with modern interior. See it soon!

Type:
Retail
Sq.Ft.:
15,000
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1870
Baths:
MLS#:
202403952

ADDITIONAL INFORMATION

Zoned R2 + C2 on the Historic Plaza, Las Vegas, NM. Exceptional commercial and residential opportunity with 57 feet of glass retail display frontage, 5, 000 sq. ft of retail space, and 5, 000+ sq. ft. of finished residential all with big tree covered views of the Historic Plaza Park! Winning the 1996 Historic Preservation Award; this prestigious and prominent adobe architectural achievement was built to its preeminent glory in 1870. It began as the 1st catholic church in Las Vegas, New Mexico in 1836 and was crowned The Most civilized Object in the West. In 1870 the Dold brothers, German merchants, built the two story adobe around the nave of the church establishing a mercantile A.Dold & Company/Charles Emil Wesche General Merchandise Store. This 15, 000 square foot building is comprised of three foot thick adobe walls and two stories(3 levels) in grandeur standing proud as one of the few two story adobe's in the state of New Mexico. Completely restored to its original distinction all while meeting current building codes to include installing custom built french doors and windows; hand crafted balconies, hand made balustrades, new PVC, new wiring, new roof and stucco, new fixtures, new demising walls to shape what is currently a 2, 500 +/-square foot residence with a gorgeous European style kitchen, living, den with two bedrooms and two baths in the main residence. 3, 000 additional square feet of beautifully finished interior living/ office spaces on the 2nd floor for office rental, art studio rental; multifamily use or develop into wine bar/restaurant/gallery/or more retail. 5, 000 square feet of dedicated store front retail, on the ground level and 3, 600 square feet of developable space inside the pillars on the 3rd floor envisioned to be a spectacular penthouse suite overlooking the park. All original hard wood oak flooring in the retail area, all original fur and maple flooring in the residential areas. Truly one of the most outstanding representations of our New Mexico heritage to ever be offered to the market.

Type:
Other
Sq.Ft.:
15,000
Status:
Active
Beds:
n/a
Lot size:
7.18 Acres
Year built:
1870
Baths:
5.00
MLS#:
20245367

ADDITIONAL INFORMATION

Historic Building Investors opportunity. Prime retail, restaurant, wine bar, Gallery location on the West side of the Historic Plaza with 57 feet of glass retail display frontage, 15,000 sq. ft of space and big tree covered views of the Las Vegas,NM Plaza Park! Winning the 1996 Historic Preservation Award; this prestigious and prominent adobe architectural achievement was built to its preeminent glory in 1870. It began as the 1st catholic church in Las Vegas, New Mexico in 1836 and was crowned "The Most civilized Object in the West. In 1870 the Dold brothers, German merchants, built the two story adobe around the nave of the church establishing a mercantile A.Dold & Company/Charles Emil Wesche General Merchandise Store. This 15,000 square foot building is comprised of three foot thick adobe walls and two stories(3 levels) in grandeur standing proud as one of the few two story adobe's in the whole state of New Mexico. Completely restored to its original distinction all while meeting current building codes to include installing custom designed and crafted french doors and windows; hand built balconies, custom balustrades, and new PVC, new wiring, new roof and stucco, new fixtures, new demising walls to shape what is currently a 2,500 +/-square foot residence with a gorgeous European style kitchen, living, and den with two spacious bedrooms and two baths in the main residence. 3,000 additional square feet of beautifully finished interior living/ office spaces on the 2nd floor for office rental, art studio rental; multifamily use or develop into wine bar/restaurant/gallery/or more retail. 5,000 square feet of dedicated store front retail, on the ground level and 3,600 square feet of developable space inside the pillars on the 3rd floor envisioned to be a spectacular penthouse suite overlooking the park. All original hard wood oak flooring in the retail area, all original fur and maple flooring in the residential areas. Truly one of the most outstanding representations of our New Mexico heritage to ever be offered to the market. Las Vegas, New Mexico a major stop along the Old Santa Fe trail was once the HUB for the Atchison, Topeka and Santa Fe Railroad becoming the largest City in the Southwest and a trade center for several large commercial firms. C2 + R2 zoning- all allowable uses are in uploaded docs. Tenant in the Antique store is optional for continued revenue stream. 8 offices on the 2nd floor are additional revenue option.

Type:
Other
Sq.Ft.:
10,559
Status:
Active
Beds:
n/a
Year built:
1949
Baths:
8.00
MLS#:
20243248

ADDITIONAL INFORMATION

In Historic Las Vegas, NM sits the Hillcrest Complex on Grand Ave, the main corridor through Las Vegas. Since 1949 people have been meeting friends at the Hillcrest which, serves a variety of food. The Hillcrest Main Building includes the coffee shop, lunch and dining area. The kitchen galley is between the Coffee Shop and the Flamingo Dining Room which has an entrance from the parking lot. The Flamingo Room lends itself to larger gatherings or Banquets. Upstairs you have a three-bedroom Apartment. The Main Building has a full basement with exterior exit for deliveries. Attached to the Main Building is the Trading Post Saloon where people gather for an afternoon drink, with an Outdoor Patio Area. If you want to book a graduation, wedding venue, walk across the ample parking lot to the Grand Street Station for your private party or reunion, with catering done by the Hillcrest. Liquor License included, that can be used for special events, as a picnic license, approved by the City of Las Vegas. The Sellers have also included a vacant lot on the back of the property for your further growth. This opportunity is not to be missed, if you are looking for a well-established income producing business. Cape Rate 9% Las Vegas, New Mexico is a Small Historic Community: Higher Education with Highlands University, Luna Vocational Technical and United World College. A Small Airport, Hospital, with Businesses to meet every day needs. Easy access off Interstate I 25 with 3 Exits. To the South of Las Vegas is Santa Fe, NM approximately one hour and to the North...the Colorado border approximately 3 hours. The I 25 Interstate from Canada-Phoenix through Denver, Parallels Grand Ave. Have a question please call.

Type:
Retail
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
3.68 Acres
Baths:
MLS#:
1061334

ADDITIONAL INFORMATION

Mills Plaza offers investors the unique opportunity to achieve significant upside in the near term by leasing current vacancies and the newly approved drive-thru pad site. There are currently eleven vacancies, totaling 15,459 square feet, and a 9,000 square foot pad site with drive-thru, available to lease to a quick serve restaurant (QSR), bank, or car wash. Combined they equate to a physical vacancy of 32%. An investor will have the opportunity to increase the NOI by 27%, by leasing half vacant inline suites at $15 per square foot and the pad site at $5.56 per SF.Shopping center spans 58,460 SF on 3.68 acres and includes 9,000 SF padsite. Renovation work underway on vacant units.

Type:
General Commercial
Sq.Ft.:
1,380
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
20226093

ADDITIONAL INFORMATION

TWO STOREY STUCCO BUILDING IN THE OLD HISTORIC CENTER OF LAS VEGAS, NM. FIRST FLOOR. LARGE WINDOWS FOR LIGHT, FOR OFFICE OR RETAIL. SECOND FLOOR COULD BE LIVING QUARTERS. BACKYARD WITH SMALL COTTAGE AND ACCESS TO BACK ALLEY. RAMP ON THE SIDE OF THE BUILDING. THERE IS AN ENCROACHMENT BETWEEN 1118 AND THIS BUILDING 116. ON BOUNDARY LINES.

Type:
General Commercial
Sq.Ft.:
2,275
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
20226091

ADDITIONAL INFORMATION

Great Office Location in the Heart of Las Vegas, NM. Home Health, Law Office or you business. Has cottage in the back with kitchen space and bathroom. There is a large metal building for extra storage. THE MAIN BUILDING HAS SEVERAL OFFICES, PLENTY OF STORAGE SPACE AND GOOD LIGHT. GATED TO THE STREET. CLOSE TO SCHOOLS, UNIVERSITY, MEDICAL, SHOPPING, ENTERTAINMENT, RESTAURANTS AND HOTELS. THE PICTURES GIVE YOU AN IDEA OF THE LAYOUT OF THE ROOMS. There is an encroachment of boundary lines between 1118 and 1116. The information provided is deemed correct, but the Buyer will have a due diligence period to check out the property to the buyers satisfaction.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
3.00
MLS#:
20226090

ADDITIONAL INFORMATION

Classic Brick Building. Three doors on 6th Street FRIST DOOR- takes you to the Second Floor. Very large room with many anti-rooms with classic old Kitchen cabinets. Could lend itself to many businesses. SECOND DOOR- Retail with small warehouse in the back with two rollup loading doors to the rear of the building, an a basement. THIRD DOOR-Office with bathroom. Just think three separate spaces for several businesses. You could lease one or two and use the third for your business. Located downtown easy access to I 25. Close to banks, restaurants, medical, and shopping only a few blocks from the Plaza Center. The heating units have Refrigerated Air. The two street Retail or Office Spaces are carpeted. Newer windows on the second floor. Location, Location, Location.

Type:
Retail
Sq.Ft.:
12,925
Status:
Active
Beds:
n/a
Lot size:
0.93 Acres
Year built:
2004
Baths:
MLS#:
202200713

ADDITIONAL INFORMATION

Mills Plaza Shopping Center in Las Vegas, New Mexico. Excellent investment for someone looking to hold a property with 3 long term tenants including the anchor tenant of Dollar General. The center is in very good condition and well maintained. Las Vegas is a growing economy in Northern New Mexico with a strong demand for retail/office tenants. Very nice center for an investor. Leases are NNN to the owner.

Type:
Other
Sq.Ft.:
28,400
Status:
Active
Beds:
n/a
Lot size:
2 Acres
Year built:
1892
Baths:
MLS#:
20212498

ADDITIONAL INFORMATION

The possibilities are endless! First there is a 28,000+ SF rock/brick building that currently houses office space/retail space/storage space and salon, and all of that is only on the first floor! The other two floors would make amazing apartments/lofts/art space/more office space or ??. The building was built in 1892 and originally the Brown and Manzanares Mercantile. Then there over 100 storage units, a large metal building that remodeling has been started AND a 4 bedroom house that originally was the switch house for the railroad and won awards when it was remodeled. If you are looking for that one of a kind business opportunity in Las Vegas, NM don't overlook this one!

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Andrea Conner License # 20396 Xome Inc. License # 09022, [email protected] 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (“IDX”) program of the New Mexico MLS. Real Estate listings held by brokers other than Xome Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Copyright 2024 New Mexico MLS, Inc. MLS. All rights reserved.
Andrea Conner License # 20396 Xome Inc. License # 09022, [email protected] 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Santa Fe Association of Realtors® MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The properties displayed may not be all of the properties available through the IDX Program. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing or leasing. © 2024 Santa Fe Association of Realtors® MLS. All rights reserved.
Andrea Conner License # 20396 Xome Inc. License # 09022, [email protected] 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


The data relating to real estate for sale on this web site comes in part from the IDX Program of the Southwest Multiple Listing Service Inc., a wholly owned subsidiary of the Greater Albuquerque Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Southwest Multiple Listing Service, Inc.



Las Vegas Real Estate

The median home value in Las Vegas, NM is $262,500. This is higher than the county median home value of $168,200. The national median home value is $338,100. The average price of homes sold in Las Vegas, NM is $262,500. Approximately 49.97% of Las Vegas homes are owned, compared to 33.91% rented, while 16.12% are vacant. Las Vegas real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Las Vegas real estate agent to arrange a tour today!

Las Vegas, New Mexico has a population of 13,247. Las Vegas is less family-centric than the surrounding county with 15.27% of the households containing married families with children. The county average for households married with children is 16.98%.

The median household income in Las Vegas, New Mexico is $34,335. The median household income for the surrounding county is $36,492 compared to the national median of $69,021. The median age of people living in Las Vegas is 40.4 years.

Las Vegas Weather

The average high temperature in July is 84.3 degrees, with an average low temperature in January of 14.2 degrees. The average rainfall is approximately 17.6 inches per year, with 30.3 inches of snow per year.

Las Vegas Real Estate Market Conditions

  • Median sales price

    $262,500
    12.5% change since last quarter
  • # Active listings

    50
    30-day change

Las Vegas Schools and Demographics

Education near Las Vegas, NM

Metric City County
High School Graduates 86.03 84.72
College Degree - 2 year 8.27 9.45
College Degree - 4 year 27.27 23.88
Graduate Degree 8.69 9.18
Expenditures per Student 15,947 15,947
Students per Teacher 14.7 14.7

Elementary Schools near Las Vegas, NM

School Grades Students P/T Ratio ZIP
Don Cecilio Mtz Elementary School KG - 05 148 14.5 87701
Legion Park Elementary School 01 - 05 166 16.8 87701
Los Ninos Elementary School KG - 05 185 17.6 87701
Luis E. Armijo Elementary KG - 01 163 13.1 87701
LVCS Early Childhood KG - KG 94 15.7 87501
Mike Sena Elementary School KG - 05 49 16.3 87701
Paul D. Henry Elementary PK - 05 174 17.4 87701
Rio Gallinas School KG - 08 101 11.5 87701
Sierra Vista Elementary School 01 - 05 184 14.2 87701
Tony Serna Junior Elementary School 02 - 05 152 18.1 87701
Union Elementary School 02 - 05 77 14.9 87701
Valley Elementary School KG - 05 64 11.2 87701

Middle Schools near Las Vegas, NM

School Grades Students P/T Ratio ZIP
Memorial Middle School 06 - 08 398 18.1 87701
Valley Middle School 06 - 08 36 8 87701
W Las Vegas Middle School 06 - 08 301 14.3 87701

High Schools near Las Vegas, NM

School Grades Students P/T Ratio ZIP
Robertson High School 09 - 12 443 17.7 87701
W Las Vegas High School 09 - 12 428 18.2 87701
WLV Family Partnership School 07 - 12 56 14 87701

Demographics near Las Vegas, NM

Metric City County
Neighborhood Type Suburban
Population 13,247 27,357
Population Density 1,693 6
Median Age 40.4 44.7
People per Household 2.2 2.3
Median Household Income 34,335 36,492
Average Income per Capita 23,090 24,019