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Multi-Tenant Retail and Office
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1650-1654 7th St., Las Vegas, NM 87701

Mixed-use investment property occupied by Sears, a dance studio, and a small office/retail space on 7th Street.

Property SizeContact for details
Days on Market135

Property Features for 1650-1654 7th St.

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: SVN | Walt Arnold Commercial Brokerage, Inc.
Listed By: Reese Good-Aumell · License #54359
Source: Crexi
Added: Apr 10 Changed: Aug 14 Last Checked: Aug 14 at 7:54AM

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 SVN | Walt Arnold Commercial Brokerage, Inc.

Investment Insights

Based on property information with market context.

This for-sale, multi-tenant commercial property includes retail and office components, with existing occupants listed as Sears and a dance studio. A small office/retail space is currently available within the building.

The property is located on 7th Street and is described as having great exposure along the frontage.

The current leasing configuration includes both occupied space and a vacancy opportunity for an office/retail user, creating a straightforward mix of uses within one investment asset.

Key Highlights

  • Mixed‑use investment property on 7th Street in Las Vegas, NM
  • Current tenants include Sears and a dance studio
  • A small office/retail space is currently available

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Bakery Kitchen & Bath Showroom Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

403
Businesses Nearby
125k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 80% Shops & Services 17% Electronics 3%
McDonald's Dining
25,796 visits/mo 0.2 miles
SONIC Drive In Dining
14,500 visits/mo 0.2 miles
Starbucks Dining
14,486 visits/mo 0.2 miles
Wendy's Dining
13,643 visits/mo 0.1 miles
Taco Bell Dining
8,908 visits/mo 0.2 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Mixed-use investment property occupied by Sears, a dance studio, and a small office/retail space on 7th Street.
Where is this retail space located?
The property is located at 1650-1654 7th St. Las Vegas, NM.
What are key features of this property?
This property features: Mixed‑use investment property on 7th Street in Las Vegas, NM; Current tenants include Sears and a dance studio; A small office/retail space is currently available
(505) 256-7573 Call to check price and availability
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