600 Railroad Ave Ave Las Vegas, NM 87701
- Warehouses
- 2.00 lot acres
Current Use by Public Records
- Warehouses
Property Details for 600 Railroad Ave Ave
- Year built
- 1892
- Lot size
- 2.00 lot acres
- Property type
- Warehouses
- Property subtype
- Retail properties
Description
This exceptional 2-acre commercial property in Las Vegas, New Mexico, presents a unique investment opportunity. Located at 600 Railroad Ave, this expansive site boasts a rich history, dating back to 1892 when it served as the Brown and Manzanares Mercantile. The main structure, a substantial 28,000+ square foot rock and brick building, currently features a mix of office, retail, storage, and salon spaces on the first floor. The upper two floors offer significant potential for conversion into apartments, lofts, additional office space, or creative studios. Beyond the main building, the property includes over 100 storage units and a large metal building currently undergoing renovations. Adding to the property's versatility is a charming 4-bedroom house, originally the railroad's switch house, which has received awards for its past remodeling. This property is listed at $2,225,000 and offers an unparalleled blend of historical charm and modern commercial potential in a vibrant New Mexico location. The property's zoning and permitted uses should be independently verified. This is a rare chance to acquire a substantial and versatile property with significant upside potential in a desirable location. The property is situated in San Miguel County, New Mexico, with a zip code of 87701.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- San Miguel
- State
- New Mexico
- Longitude
- -105.213
- Latitude
- 35.5951
