0 6Th St Las Vegas, NM 87701
This unique Las Vegas, New Mexico property at 524-522-5221/2 6th Street offers a compelling investment opportunity. Priced at $575,000, this classic brick building boasts approximately 1 square foot and features three distinct spaces, ideal for multiple businesses or a single operator. The first entrance leads to a spacious second-floor area with numerous smaller rooms and vintage kitchen cabinetry, offering versatile layout options. The second entrance accesses a retail space with a rear warehouse featuring two roll-up loading doors and a basement, providing ample storage and potential for various uses. A third entrance provides access to an office space complete with a bathroom. The building benefits from refrigerated air heating units, carpeted retail/office areas (in the two street-facing spaces), and newer windows on the second floor. Located in downtown Las Vegas, this property enjoys convenient access to I-25 and is within close proximity to banks, restaurants, medical facilities, and shopping, just blocks from the Plaza Center. The property includes two parking spaces. This multi-faceted property presents a rare chance to acquire a well-situated, adaptable space with significant potential for diverse business applications.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.