1805 Old Town Plaza Las Vegas, NM $ 1,699,000
1805 Old Town Plaza
$ 1,699,000
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1805 Old Town Plaza

Las Vegas, NM, 87701
$ 1,699,000
Baths0.0 Sq 2,900

Monthly Estimate*

$ 11,868

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Studio

Commercial Property for sale in Las Vegas, NM

for $1,699,000. This 2,900 square foot building was built in 1836 on a lot size of 0.15.

Price reduced - owners retiring! Situated on the Historic Old Town Plaza in Las Vegas, New Mexico, this prime location impressive three-story double adobe 15000 Sq. Ft. 30 room, 1835 building houses both residential and commercial spaces. Building has been fully restored and received a State Historic Preservation Division reward. New exterior stucco and roof in 2024. 2 nd floor residential space with 2500 sq.ft. includes 2 large bedrooms, 2 full baths (one with copper accents and imported Moroccan tile). Large rooms and windows throughout. Updated kitchen has copper vent hood/sink, imported Moroccan tile on walls and floor and Viking range. 2 rear exterior doors lead to deck overlooking enclosed garden and two car parking area. Rooms have original wood floors, 10.8” ceilings, hand plastered walls. Included in residence is first floor photo studio, workshop. Front exterior has shared entrance to residence and commercial office spaces containing 2500 sq.ft. with 2 large income potential producing multi-room offices. Both spaces overlook the Plaza Park with 5 sets of exterior French doors, shared balcony and bathroom. These spaces could potentially be perfect for Air BnB. First level commercial space houses a well-established 4,000 sq.ft. large antique store with office space, half kitchen and bathroom. Over 27 years operation with well established following. Total heated space in building is 10,600 sq.ft. Third floor is 5,000 sq. ft. post and beam construction w/ 16 Ft. peak.13 exterior doors.

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Commercial Active

Price

$ 1,699,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,799

Style

Territorial

Lot Size

0.15

Year Built

1836

Town/City

Las Vegas

County/Region

San Miguel

MLS | Web ID

202338939

Features
General
Interior Features InteriorSteps
Sewer PublicSewer
Heating Baseboard Electric ForcedAir NaturalGas
Cooling None
Utilities NaturalGasAvailable HighSpeedInternetAvailable WaterAvailable ElectricityAvailable
Possession ClosingFunding CloseOfEscrow
Roof Pitched
Zoning C-2
Architectural Style Territorial
Construction Materials Adobe Stucco
Year Built 1836
Property SubType Business
Tax Year 2022
Current Use Office Retail
Business Type Commercial ProfessionalOffice Retail
Accessibility NotADACompliant
County San Miguel
Property Type CommercialSale
HOA / Comm Assn No
Possible Use Commercial MixedUse Office Retail
Garage Y/N No
Building Features KitchenFacilities LivingArea PublicRestrooms Storefront
Status Active
Directions I 25 EXIT 345 to University in Las Vegas NM. Continue on University to National and follow up bridge to the Old Town Plaza.
High School Las Vegas
City Las Vegas
Disclosures LeadBasedPaintDisclosure
Lot Size Square Feet 6600.0
Street Name Old Town Plaza
Listing Terms Cash CashtoExistingLoan Conventional
Elementary School Las Vegas
Year Built Details This is a Historic Double Adobe Building 10 600 Sq Ft. All Square Feet must be verified by Buyer.
Land Lease Y/N No
Tax Annual Amount 4799.92
Middle/Junior High School Las Vegas
MLS Area Minor 28-San Miguel Cnty
Lease Considered Y/N No
Days on Market 268
Lease Type None
Standard Status Active
Year Built Source Appraiser
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Interior
Flooring Carpet Laminate Tile Wood
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Total Baths 0
Living Area Units SquareFeet
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Exterior
Water Source Public
Lot Size Area 0.15
Building Area Total 10600.0
Lot Dimensions 55x120
Lot Size Acres 0.15
Lot Size Units Acres
Lot Size Source Appraiser
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Internal Only
Street Number 1 1805
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* Excluded Features
List By
Katharine Duke

Listing Agent

Duke Realty Group

Broker

Kd@dukerg.com

Email

Affordability Calculator

$12,268
Per Month
97%
3%
0%
Monthly Principal & Interest
$11,868
Monthly Property Taxes
$400
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
831134 Elementary School
831022 Middle School
Las Vegas High School High School
Pricing History
DatePricePrice ChangeDescription
3/10/2024$1,699,000 -8.16% Price Down
7/8/2023$1,850,000 Listed Price

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1805 Old Town Plaza, Las Vegas, NM, 87701 is a Commercial Property for sale at $1,699,000 with 2,900 sqft and a lot size of 0.15. 1805 Old Town Plaza is a studio with 0.0 baths and was built in 1836. The property's zip code is 87701 which is in Las Vegas, NM