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    Rociada, NM Sapello, NM Mora, NM Holman, NM Tererro, NM Pecos, NM Chacon, NM
    Historic Hotel and Event Venue
    Updated: Apr 29, 2025
    Historic Hotel and Event Venue

    230 Plaza St, Las Vegas, NM 87701

    Contact for pricing
    73,092 sqft
    1882 Plaza Hotel with 68 rooms, located overlooking Plaza Park in Las Vegas, NM.
    Bar and restaurant with meeting rooms and ballroom/event space overlooking Plaza Park.
    Total usable area 73,092 SF: 22,102 SF ground, 19,691 SF second, 19,691 SF third, and 11,608 SF basement.
    Fully modernized with new or updated mechanical systems, elevators, laundry rooms, reservation/front desk equipment, security cameras, and IT.
    Sold fully furnished, including hundreds of antiques and corporate entities with operating licenses, websites, reservation sites, and intellectual property.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Las Vegas, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Santa Fe Redevelopment Opportunity
    Santa Fe Redevelopment Opportunity

    1625 Paseo de Peralta, Santa Fe, NM 87501

    $8,200,000
    30,760 sqft 2.90 AC lot

    2.9-acre parcel near Railyard with redevelopment potential.

    View details
    Flat Commercial Hotel Site
    Flat Commercial Hotel Site

    2390 Historic Route 66, Santa Rosa, NM 88435

    $457,380
    3.45 AC lot

    Flat commercial land parcel with utilities available and frontage along Historic Route 66 and I-40.

    View details
    34-room Econo Lodge Inn & Suites – Santa Rosa, NM
    34-room Econo Lodge Inn & Suites – Santa Rosa, NM

    2295 Historic Route 66, Santa Rosa, NM 88435

    $2,700,000
    18,000 sqft

    34-room Econo Lodge Inn & Suites – Santa Rosa, NM

    View details
    Hotel Property with Courtyards
    Hotel Property with Courtyards

    3347 Cerrillos Rd, Santa Fe, NM 87507

    Contact for pricing

    Courtyard by Marriott hotel offers landscaped courtyards, an indoor pool, and whirlpools, with a bistro and Starbucks coffee.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Taos Ski Valley
    Land Near Taos Ski Valley

    Emma Road lot: 9, Taos Ski Valley, NM 87525

    $350,000
    1.01 AC lot

    One-acre lot near Taos Ski Valley with commercial zoning.

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    Rio Rancho Commercial Land Opportunity
    Rio Rancho Commercial Land Opportunity

    1526 Broadmoor Boulevard NE, Rio Rancho, NM 87144

    $60,000
    0.50 AC lot

    Versatile commercial land in Rio Rancho's fast-growing corridor.

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    South Fork Mixed-Use Development Land
    South Fork Mixed-Use Development Land

    464 Highway 149, South Fork, CO 81154

    $950,000
    17.00 AC lot

    17-acre commercial land with mixed-use development potential in South Fork.

    View details
    Farmington Land Near Animas Mall
    Farmington Land Near Animas Mall

    3605 English Rd, Farmington, NM 87402

    $4,000,000
    26.17 AC lot

    Strategically located 26.17-acre commercial land parcel in Farmington, New Mexico.

    View details

    Las Vegas, NM Hotels Market Trends and Statistics

    Explore 1 hotels for sale in Las Vegas, NM on our real estate platform. These investment opportunities span a total of 73,092 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 1
    Motels 1

    Demographics Overview

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

    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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