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$215,000
Est. payment /mo
Active
1133 Grand Avenue Las Vegas, NM 87701
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Key Details
Property Type Commercial
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20246141
Year Built 1940
Annual Tax Amount $1,179
Tax Year 2024
Lot Dimensions .824 Acre
Property Sub-Type Commercial/Residential
Property Description
Once part of a popular motel, this versatile 0.82-acre property features three distinct buildings and is brimming with opportunity. The former motel office and owner's quarters has been transformed into a charming two-story, 2-bedroom, 2-bath caretaker's space complete with new flooring, new paint, mini-split systems, and a stunning stone fireplace. A large former restaurant and garage structure offers potential for restoration — a space for a creative business venture or studio. In addition, there are two blank-canvas former motel rooms, ideal for conversion into offices. These units will require electric and plumbing but offer limitless possibilities for customization. The property also includes a spacious walled courtyard for privacy and gatherings, along with 10+ parking spaces. The current artist-owner has completed several tasteful upgrades and artistic restorations, though additional work is needed to fully realize the property's potential. Conveniently located in a commercial area just off I-25, you're only one hour from Santa Fe and minutes from restaurants, shopping, hotels, and the local hospital in Las Vegas. Sold in as-is condition, this is a rare chance to own a truly distinctive property — perfect for creatives, entrepreneurs, or anyone with a vision. Zoned C-3.
Location
State NM
County San Miguel County
Area New Mexico Mls
Exterior
Utilities Available Electricity, Sewer, Water-City
Building
Structure Type Floor-Slab,Frame,Masonry
Listed by PUEBLO DEL SOL