Mixed-Use Hospitality
For Sale
$340,000
1133 Grand Ave, Las Vegas, NM 87701
Two-story front building includes front office and restaurant spaces, plus motel rooms requiring upgrades.
Property Size1,600 SF
Price / SF$212.50
Days on Market206
Property Features for 1133 Grand Ave
General Information
Standard status
Active
Size
1,600 SF
Building Details
Year Built
1933
Stories
2
Listing Agency:
Duke Realty Group
(505) 429-1523
Listed By:
Katharine Duke · License #18095
(505) 429-1523
Source:
Exprealty
Added: Feb 1
Changed: Aug 24
Last Checked: Aug 26 at 1:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Duke Realty Group
Investment Insights
Based on property information with market context.
This mixed-use hospitality property was built in 1933 and includes a two-story front building with a second-floor bedroom and bath. The first floor offers a kitchen, a larger bathroom suite, and several light-filled rooms with access to a yard, suitable for business operations and office use. A separate portion of the property has housed a restaurant and two separate motel rooms, and that area is described as needing upgrades in water, electric, and gas.
The property is positioned on the main corridor through Las Vegas, New Mexico, with lots of parking. The area is described as being near medical, shopping, education, and restaurants.
The seller notes square footage is approximate and the buyer should verify. The property is offered for sale.
The property is positioned on the main corridor through Las Vegas, New Mexico, with lots of parking. The area is described as being near medical, shopping, education, and restaurants.
The seller notes square footage is approximate and the buyer should verify. The property is offered for sale.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
585
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 87701, NM
18,387
Population
9,699
Households
1.9
Avg Household Size
42
Median Age
27%
College-Educated
88%
High-School Grad
1,601.8 sq mi
ZIP Area
11
Density / Sq Mi
$48,115
Median Household Income
$29,345
Median Earnings
$756
Median Rent
$169,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Billy's Bunk — 201 Valencia St, Las Vegas, NM 87701
- Pams Event Center — 1816 Plaza St, Las Vegas, NM 87701
- School - Highlands — Las Vegas, NM 87701
- Carlsbaf nm — Las Vegas, NM 87701, United States
- The Historic Serf Theatre Hall — 707 Douglas Ave, Las Vegas, NM 87701
Frequently Asked Questions
What type of property is this?
Motel - Two-story front building includes front office and restaurant spaces, plus motel rooms requiring upgrades.
Where is this motel located?
The property is located at 1133 Grand Ave Las Vegas, NM.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 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
