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Historic Mixed-Use Building
For Sale
Contact for pricing
Pending

200 Plaza St, Las Vegas, NM 87701

Restored historic property combining commercial space with two apartment units and an established boutique occupant.

Property Size4,200 SF
Days on Market141

Property Features for 200 Plaza St

General Information

Standard status Pending
Size 4,200 SF
Property subtype Mixed Use, Multifamily, Retail

Additional Details

Corner Location Yes
Listing Agency: NM360 Real Estate
Listed By: Jeff Salman · License #17914
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 6:11PM

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 NM360 Real Estate

Investment Insights

Based on property information with market context.

The Mayeur Building is an approximately 4,200-square-foot mixed-use property originally constructed in the late 1800s and subsequently restored by Christian Mayeur. More than half of the building is configured for commercial use, while the balance contains two contemporary apartments. The property is currently occupied by Weave and Gather, a boutique offering textiles and local art.

The building occupies the northeast corner of the historic plaza at 200 Plaza St in Las Vegas, New Mexico. Its prior restoration included use as a fine art gallery, visiting artist studio, and residence, giving the property a combination of historic character and updated interior functionality. The commercial and residential components provide a flexible configuration for an owner-user, operating business, or rental-oriented strategy, subject to applicable approvals and operating requirements.

Key Highlights

  • Approximately 4,200 square feet of mixed‑use space
  • More than half of the building is dedicated to commercial use
  • Two apartment units included within the property

Property Analytics

Current Use

Weave And Gather Art Gallery

Suggested Use

Top Pick Real Estate Agency HVAC Service Kitchen & Bath Showroom Building Supply Storage Facility 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.

Location Intelligence

Trade Area within ½ mile

851
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 Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Restored historic property combining commercial space with two apartment units and an established boutique occupant.
Where is this mixed-use property located?
The property is located at 200 Plaza St Las Vegas, NM.
What are key features of this property?
This property features: Approximately 4,200 square feet of mixed‑use space; More than half of the building is dedicated to commercial use; Two apartment units included within the property
(505) 429-0342 Call to check price and availability
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