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    1801 Plaza St Las Vegas, NM 87701

    For Sale
    $1,385,000

    SINGLE_FAMILY - Las Vegas, NM

    Type:Retail
    Property size:
    15,000 SF
    Lot size:
    0.16 Acres
    Days on Market:
    62
    Last Refresh:
    Dec 6 at 12:06 am

    Property Features for 1801 Plaza St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    BCD,C-2,R-1, 2, 3, 4, 5,
    APN
    34860
    Parking
    2
    Parking features
    Offsite, On Street
    Appliances
    EnergyStarQualifiedAppliances
    Size
    15,000 SF
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1870
    Flooring type
    Wood, Tile
    Building materials
    Adobe, Frame
    Roof type
    Built-Up, Shingle

    Barker Realty LLC (505) 982-9836 [email protected]

    Listing agent Tamara Acker (505) 577-5909 License #16300

    Listing date Oct 6, 2025

    Copyright © 2025 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Plaza Mixed-Use Opportunity

    Located on the Historic Plaza in Las Vegas, New Mexico, this mixed-use property offers both commercial and residential opportunities. The building, zoned R2 and C2, features 57 feet of glass retail display frontage and approximately 5,000 square feet of retail space, complemented by over 5,000 square feet of finished residential space. The property overlooks the Historic Plaza Park. Originally built in 1870, this adobe structure received the 1996 Historic Preservation Award. The 15,000 square foot building has thick adobe walls and three levels. The property has been restored to meet current building codes, including custom-built French doors and windows, handcrafted balconies, new PVC, wiring, roof, stucco, and fixtures. The main residence features approximately 2,500 square feet, including a European-style kitchen, living area, den, two bedrooms, and two baths. An additional 3,000 square feet of finished interior space on the second floor is suitable for office rental, art studio rental, multifamily use, or development into a wine bar, restaurant, gallery, or additional retail space. The ground level includes 5,000 square feet of dedicated storefront retail space, with an additional 3,600 square feet of developable space on the third floor envisioned as a penthouse suite. The retail area features original hardwood oak flooring, while the residential areas have original fur and maple flooring.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    San Miguel
    State
    New Mexico
    Longitude
    -105.2227978
    Latitude
    35.5942137

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    FAQs

    What type of property is this?
    Retail space - Historic mixed-use property with retail and residential space on Plaza.
    Where is this retail space located?
    The property is located at 1801 Plaza St Las Vegas, NM.
    What is the asking price?
    The asking price for this property is $1,385,000.
    What are key features of this property?
    This property features: - Prime location on the Historic Plaza with R2 + C2 zoning.; - Significant retail space: **5,000 sq. ft. of dedicated storefront retail space** with 57 feet of glass display frontage.; - Substantial finished residential space: 5,000+ sq. ft. of finished residential space with views of the Historic Plaza Park.
    (505) 577-5909
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    1801 Plaza St Las Vegas, NM 87701
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    Las Vegas, NM 87701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1801 Plaza St Las Vegas, NM 87701
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