600 Railroad AveLas Vegas, NM 87701

For Sale
$2,225,000

Prime mixed-use investment opportunity in historic downtown.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Las Vegas, New Mexico property at 600 Railroad Ave presents a unique investment opportunity. The offering encompasses a substantial 28,400 square foot building, constructed in 1892, situated on a 2-acre lot. The main building, measuring 79'3" x 100'6" according to architectural plans, currently houses a mix of office, retail, storage, and salon spaces on the first floor. The upper two floors offer significant potential for conversion into residential lofts, additional office space, or creative studios. Beyond the main structure, the property includes over 100 storage units and a large metal building currently undergoing renovations. A charming 4-bedroom house, originally the railroad's switch house and a recipient of remodeling awards, completes this multifaceted offering. The property is serviced by city water, sewer, natural gas, and electricity. This is a rare chance to acquire a landmark property with diverse income streams and substantial upside potential in the vibrant heart of historic Las Vegas, New Mexico, zip code 87701. The property's rich history, combined with its substantial size and versatile spaces, makes it an ideal investment for a discerning buyer seeking a unique and profitable venture. The possibilities are truly endless.

Highlights

  • Building dimensions: 79'3" x 100'6"
  • Square footage derived from architectural plans
  • Utilities: Electricity, natural gas, sewer, and city water.

Property Details for 600 Railroad Ave

Property type
Other retail properties, Individual retail properties
Square Feet
28,400 SF
Year Built
1892
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Las Vegas
County
San Miguel
State
New Mexico
Latitude
35.5950654
Longitude
-105.2125789
600 Railroad Ave, Las Vegas, New Mexico

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600 Railroad Ave
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