6th St St Las Vegas, NM 87701
This classic brick building at 524-522-5221/2 6th Street, Las Vegas, NM 87701, offers exceptional versatility and prime downtown location. Built in 1900, this property presents three distinct spaces ideal for multiple businesses or a single large operation. The first door accesses a spacious second-floor area featuring numerous smaller rooms and vintage kitchen cabinetry, suitable for various uses. The second door leads to a retail space with a rear warehouse containing two roll-up loading doors and a basement, providing ample storage and potential for distribution. A third door opens to an office space complete with a bathroom. Each space could be leased independently, generating multiple income streams, or utilized as part of a larger enterprise. Conveniently located downtown, this property enjoys easy access to I-25 and is within close proximity to banks, restaurants, medical facilities, and shopping, just blocks from the Plaza Center. The building features refrigerated air heating units, carpeted retail/office spaces, and newer windows on the second floor. This exceptional property is priced at $575,000 and presents a rare opportunity to acquire a multi-use commercial building in a thriving downtown location. The property includes land and is classified as commercial, storefront, and warehouse.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.