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Restored Live-Work Space
For Sale
$989,000

411 West Broadway Street, Silver City, NM 88061

Commercial Sale, Silver City, NM

Property Size4,600 SF
Lot Size0.27 Acres
Price / SF$215
Days on Market300

Property Features for 411 West Broadway Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features On Street
Subdivision Fraser
Directions Head south on NM-90 S toward downtown Silver City. Turn right onto West Broadway Street (just past Bullard Street). Continue for about 0.2 miles. The property will be on your left at 411 West Broadway Street, between Arizona Street and Texas Street.
Standard status Active
APN 3-081-103-288-331
Lot size 0.27 Acres

Taxes and HOA fees

Tax Description Subd: FRASER Block: 61 Lot: 8 ALL LOT 8 EXCEPT S18' OF W34.5' .043 AC, TRUSTEE:, VANNESS REBEKKA B., Block: 61 Lot: 10 .057 AC, Block: 61 Lot: 12 .057 AC, Block: 61 Lot: 14 .057 AC, Block: 61 Lot: 16 .057 AC
Legal Description Subd: FRASER Block: 61 Lot: 8 ALL LOT 8 EXCEPT S18' OF W34.5' .043 AC, TRUSTEE:, VANNESS REBEKKA B., Block: 61 Lot: 10 .057 AC, Block: 61 Lot: 12 .057 AC, Block: 61 Lot: 14 .057 AC, Block: 61 Lot: 16 .057 AC

Utilities

Sewer type Public Sewer
Heating system Radiant, Radiant Floor
Cooling system Central Air
Water source Public

Amenities

4 marble fireplaces
original wood floors
2x2 copper tin ceilings
gourmet commercial kitchen
library
parlor
dining hall
restored front porch with tiger wood decking
outdoor pergola

Building Details

Floors in Building 2
Number of units 1
Flooring type Wood
Building materials Brick
Roof type Shingle
Listing Agency: Coldwell Banker Legacy Elite · Coldwell Banker Real Estate
Listed By: Edward Valenzuela · License #18965
Added: Nov 1, 2025 Changed: Aug 19 Last Checked: Aug 27 at 7:06AM
MLS# 2503463

Copyright © 2026 Las Cruces Association of REALTORS®. 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 1883, this brick live-work property combines preserved residential character with substantial commercial-ready improvements. The nearly 4,600-square-foot interior includes four marble fireplaces, original wood flooring, a library, parlor, dining hall, and a gourmet commercial kitchen equipped with fire suppression. Copper tin ceilings were updated in 2017, while electrical and plumbing improvements date to 2005. The roof was replaced in 2024, and the property also features updated stucco and paint, a restored front porch with tiger wood decking, and an outdoor pergola.

Located within Silver City's Historic District, the property is positioned near downtown shops, galleries, and restaurants. Residential or business use is supported, with the configuration identified for live/work, boutique inn, or event-space applications. Public water and sewer serve the property, with radiant floor heating, central air conditioning, shingle roofing, and on-street parking.

Key Highlights

  • Nearly 4,600 square feet in an 1883 brick residence
  • Residential or business use supported
  • Gourmet commercial kitchen with fire suppression

Property Analytics

Current Use

Serenity House , A Fine ... Bed & Breakfast Tours of the Gila Tour Operator

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Storage Facility

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

775
Businesses Nearby

Demographics for 88061, NM

17,429
Population
9,049
Households
1.9
Avg Household Size
48
Median Age
30%
College-Educated
90%
High-School Grad
897.2 sq mi
ZIP Area
19
Density / Sq Mi
$47,099
Median Household Income
$27,019
Median Earnings
$841
Median Rent
$185,000
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?
Live-work space - Historic brick property supports residential or business use with public utilities and central air conditioning.
Where is this live-work space located?
The property is located at 411 West Broadway Street Silver City, NM.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Nearly 4,600 square feet in an 1883 brick residence; Residential or business use supported; Gourmet commercial kitchen with fire suppression
More about this property
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