801 Douglas Street

    Las Vegas, NM 87701
    • $825,000
    • STATUS: Active
    • ON SITE: 273 days
    • MLS #: 201900580
    Foreclosure
    UPDATED: 13 min ago
    $825,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,472
      SQFT
    • $87
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1926
    County:

    School Ratings & Info

    Description

    Excellent commercial investment opportunity in the heart of Main Street corridor in historic Las Vegas, NM! Zoned C-2, this 9472 sf solid brick 2-story historic building plus full finished basement & detached garage sits on a 7500 sf corner lot close to Highlands Univ, Lincoln Park, Railroad District, & Plaza Park. This desirable highly visible location is midway between the Historic Plaza & La Castaneda hotels & within a block of popular restaurants, banks, shopping and Highlands University. Historically, this property has housed a mortuary, apartments, & offices, but would also be an excellent location for gallery, restaurant, recreation or entertainment venue, retail, or additional apartments. There are 6 tenant-occupied apartment units with rents ranging from $475 to $900 per month; remainder of building is vacant. Building consists of 4736 sf 1st floor, 4736 sf 2nd floor, and 4736 sf basement. The Appraised potential gross rental income (entire building) is $87,120 per year!

    Monthly Payment Calculator



    © 2019 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than The Desmond Group are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2019-11-20T13:51:58.86.
    www.homesinsantafenm.com/homes/91979213

    801 Douglas Street Las Vegas, NM 87701

    • Price: $825,000
    • Status: Active
    • Updated: 13 min ago
    • MLS #: 201900580
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    9,472
    SQFT
    $87
    $/SQFT
    1926
    Built
    Neighborhood:
    28-San Miguel Cnty
    County:
    San Miguel
    Area:
    28-San Miguel Cnty
    Property Description
    Excellent commercial investment opportunity in the heart of Main Street corridor in historic Las Vegas, NM! Zoned C-2, this 9472 sf solid brick 2-story historic building plus full finished basement & detached garage sits on a 7500 sf corner lot close to Highlands Univ, Lincoln Park, Railroad District, & Plaza Park. This desirable highly visible location is midway between the Historic Plaza & La Castaneda hotels & within a block of popular restaurants, banks, shopping and Highlands University. Historically, this property has housed a mortuary, apartments, & offices, but would also be an excellent location for gallery, restaurant, recreation or entertainment venue, retail, or additional apartments. There are 6 tenant-occupied apartment units with rents ranging from $475 to $900 per month; remainder of building is vacant. Building consists of 4736 sf 1st floor, 4736 sf 2nd floor, and 4736 sf basement. The Appraised potential gross rental income (entire building) is $87,120 per year!
    Exterior Features

    Access Type Historic Construction Brick Parking Facilities Parking AreaParking GaragePavedStreet Parking Roof Metal - Propanel

    Interior Features

    Floor CarpetingTileOther - See Remarks Sq Ft Total Building 5000+

    Property Features

    Approximate Age 31+ Years Authority Other - See Remarks Bank Owned Yes Building Use CommercialGalleryHotel/Motel/HospitalityLive/WorkMedicalOfficeRestaurantRetailOther - See Remarks Commercial Type Multi/Mixed Use Documents On File Legal Description Electric Public Estimated Future Tax 10229 Gas Natural High Speed Available DslWireless Lease Type Other - See Remarks Lot Size Source Appraiser Owner Pays Other - See Remarks Possession Sub To Tenant RightsUpon Funding Sewage City Sq Ft Source Appraiser Tax Year 2018 Taxes 3438.44 Telephone Landline On-Site Tenant Pays Other - See Remarks Terms CashConventional Water City Zoning C-2

    Listing provided courtesy of Jeanne-Marie Crockett of Jm Crockett Realty. © 2019 Santa Fe Association of REALTORS®, Inc. MLS. All Rights Reserved.


    © 2019 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than The Desmond Group are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2019-11-20T13:51:58.86.
     
    The Desmond Group
    130 Lincoln Ave. Suite 27
    Santa Fe NM, 87501