Hospitality

Las Vegas, NM Hospitality Properties for Sale

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San Jose, NM Serafina, NM Bernal, NM Ilfeld, NM Villanueva, NM Buena Vista, NM Rowe, NM
Mixed-Use Hospitality Property
Updated: Feb 1
Mixed-Use Hospitality Property

1133 Grand Ave, Las Vegas, NM 87701

$325,000
1,600 sqft
Built in 1933, two‑story mixed‑use property with front office and restaurant spaces
Front building includes a 2nd‑floor bedroom and bath, plus first‑floor kitchen, larger bathroom suite, and multiple business rooms
Back portion previously operated as a restaurant and includes two separate motel rooms that require upgrades to water, electric, and gas
Rooms in the front building are light‑filled and have access to a yard
Lots of parking on site
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1 active listing matches your search: Hospitality for sale in Las Vegas, NM. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

8-Bedroom Bed and Breakfast
8-Bedroom Bed and Breakfast

405 Cordoba Lane, Taos, NM 87571

$2,200,000
7,529 sqft 0.50 AC lot

Hospitality property with managers’ quarters and public water and sewer service.

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8-Bedroom Bed and Breakfast
8-Bedroom Bed and Breakfast

405 Cordoba Lane, Taos, NM 87571

$2,200,000
0.05 AC lot

Managers’ quarters accompany the guest accommodations in this Taos lodging property.

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Mountain Resort Hostel and Condos
Mountain Resort Hostel and Condos

30 S Angel Fire Rd, Angel Fire, NM 87710

$3,900,000

Nearly 10,000-square-foot property near ski lifts with three leased condo units and a renovated 44-bed hostel.

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Turnkey RV Investment Opportunity
Turnkey RV Investment Opportunity

3521 Mountain View Blvd, Angel Fire, NM 87710

Contact for pricing
2,700 sqft

Established RV park in Angel Fire, New Mexico for sale.

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Las Vegas, NM Hospitality Properties Market Trends and Statistics

Explore 1 hospitality properties for sale in Las Vegas, NM on our real estate platform. These investment opportunities span a total of 1,600 square feet of properties for sale, with an estimated market value of $325,000.

Sale prices for hospitality properties in Las Vegas, NM average $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Motels 1

Demographics Overview

Population 19K
Population Growth (5Y) +15.8%
Median Household Income $48,966
College Educated 44.9%

High-Yield Neighborhoods for Investment

Identify Las Vegas submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
87701 $325K

Taxes & Financing

Tax Rate (average for all types) 3.57%
Tax Rate vs County Average 0.08 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in San Miguel County

New Delisted

Total CRE Inventory on Market (SF)

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