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Historic Adobe Mixed-Use Building
For Sale
$1,275,000

1801 Plaza, Las Vegas, NM 87701

CommercialSale, Las Vegas, NM

Property Size15,000 SF
Lot Size0.16 Acres
Price / SF$85
Days on Market161

Property Features for 1801 Plaza

General Information

Property type Commercial Sale
Property subtype Retail
Zoning BCD,C-2,Historic,R-1, 2,
Zoning description C2 + R2
Parking 2
Parking features Offsite, On Street
Appliances EnergyStarQualifiedAppliances
Directions Exit 345 to University avenue. This goes left over the freeway and Turn right at the 1st light(Grand ave) then left in two blocks onto W National avenue. National becomes Plaza street and dead ends at Plaza Park. The Historic Wesche/Dold building is on the West side of the Park.
Standard status Active
APN 34860
Size 15,000 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description Section 27 township 16 Range 16 town of Las Vegas,NM
Legal Description Section 27 township 16 Range 16 town of Las Vegas,NM

Utilities

Sewer type Public Sewer
Water source Public

Amenities

Historic Plaza Park views
hand crafted balconies
European style kitchen

Building Details

Year built 1870
Flooring type Tile, Wood
Building materials Adobe, Frame
Roof type Built-Up, Shingle
Listing Agency: Barker Realty, LLC
Listed By: Tamara Acker · License #16300
Added: Mar 15 Changed: Aug 19 Last Checked: Aug 22 at 2:06PM
MLS# 202600963

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Built in 1870, this three-level adobe building contains approximately 15,000 square feet on a 0.16-acre site. The property includes 3,000 square feet of ground-floor retail with original oak flooring, finished residential areas with wood and tile flooring, and additional interior space configured for living or office use. A further 3,600 square feet inside the upper-level pillars remains available for development. Restoration work included French doors and windows, balconies, balustrades, PVC, wiring, roofing, stucco, fixtures, and demising walls, with the improvements completed to current building codes.

The building is positioned on the Historic Plaza in Las Vegas, New Mexico, with 57 feet of glass retail display frontage and views toward Historic Plaza Park. Public water and public sewer serve the property. Parking is available on the street and off site.

Key Highlights

  • 15,000 square feet across three levels on a 0.16‑acre site
  • 3,000 square feet of dedicated ground‑floor retail space
  • 57 feet of glass retail display frontage

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Real Estate Agency Plumbing Service (Bike/Boat/Book/etc) Store 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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

892
Businesses Nearby

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Restored two-story adobe property combines storefront, residential, and office areas overlooking the Historic Plaza Park.
Where is this mixed-use property located?
The property is located at 1801 Plaza Las Vegas, NM.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 15,000 square feet across three levels on a 0.16‑acre site; 3,000 square feet of dedicated ground‑floor retail space; 57 feet of glass retail display frontage
More about this property
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