$1,385,000
$215K PRICE DROP

1801 Plaza St Las Vegas, NM 87701

Estimated payment $7,791/month

Total Views 28,752
-- Bed
-- Bath
10,600 Sq Ft
$131 Price per Sq Ft

Highlights

  • Deck
  • Attic
  • No HOA
  • Wood Flooring
  • Private Yard
  • 2-minute walk to Plaza Park

About This Home

Zoned R2 + C2 on the West side of the Historic Plaza, Las Vegas, NM. Exceptional commercial and residential opportunity with 57 feet of glass retail display frontage, 5,000 sq. ft of retail space, and 5,000+ sq. ft. of finished residential all with big tree covered views of the Historic Plaza Park! Winning the 1996 Historic Preservation Award; this prestigious and prominant adobe architectural achievement was built to its preeminent glory in 1870. It began as the 1st catholic church in Las Vegas, New Mexico in 1836 and was crowned "The Most civilized Object in the West. In 1870 the Dold brothers, German merchants, built the two story adobe around the nave of the church establishing a mercantile A.Dold & Company/Charles Emil Wesche General Merchandise Store. This 15,000 square foot building is comprised of three foot thick adobe walls and two stories(3 levels) in grandeur standing proud as one of the few two story adobe's in the whole state of New Mexico. Completely restored to its original distinction all while meeting all current building codes to include installing custom built french doors and windows; hand crafted balconies, hand made balustrades, and new PVC, new wiring, new roof and stucco, new fixtures, new demising walls to shape what is currently a 2,500 +/-square foot residence with a gorgeous European style kitchen, living, den with two bedrooms and two baths in the main residence. 3,000 additional square feet of beautifully finished interior living/ office spaces on the 2nd floor for office rental, art studio rental; multifamily use or develop into wine bar/restaurant/gallery/or more retail. 5,000 square feet of dedicated store front retail, on the ground level and 3,600 square feet of developable space inside the pillars on the 3rd floor envisioned to be a spectacular penthouse suite overlooking the park. All original hard wood oak flooring in the retail area, all original fur and maple flooring in the residential areas. Truly one of the most outstanding representations of our New Mexico heritage to ever be offered to the market. C2 + R2 zoning- all allowable uses are in uploaded docs

Listing Agent

David Barker

BARKER REALTY LLC License #7466 Listed on: 09/16/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,940

Year Built

  • Built in 1870

Lot Details

  • 6,970 Sq Ft Lot
  • Xeriscape Landscape
  • Private Yard

Home Design

  • Frame Construction
  • Pitched Roof
  • Adobe

Interior Spaces

  • 10,600 Sq Ft Home
  • Fireplace
  • Wood Flooring
  • Attic
  • Basement

Kitchen

  • Built-In Range
  • Range Hood
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 34860

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,940

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Directions: Exit 345 follow signs to Historic Plaza. Park on the Plaza and walk over.
  • Year Built: 1870
  • Reso Property Sub Type: Multi Unit 2-4
  • Prop. Type: Residential Income
  • ResoLaundryFeatures: Yes
  • ResoLotFeatures: Landscaped, Yard
  • Reso Flooring: Hardwood, Wood
  • Reso Interior Features: Attic, Basement
  • Unit Levels: Other (See Remarks)
  • Reso Other Structures: Workshop
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Disposal, Range Hood, Built-In Range, Refrigerator, Washer, Gas Water Heater, RO System

Exterior Features

  • Roof: Pitched
  • Acres: 0.16
  • Construction Type: Adobe, Floor-Wood, Frame
  • Exterior Features: Yard Art
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Cable Connected
  • Electric: Meters(Electric Separate)
  • Cooling Y N: No
  • Heating: Forced Air, Natural Gas, Fireplace(s)
  • HeatingYN: Yes
  • Water Source: Water-City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6970
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 34860
  • Zoning Description: C2 + R2
  • ResoLotSizeUnits: SquareFeet

Green Features

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Water, Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4939.96

Multi Family

  • Number Of Units Total: 3
  • Building Area Units: Square Feet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,088 $142,582 $13,138 $129,444
2024 $5,088 $134,397 $12,384 $122,013
2023 $4,940 $130,483 $12,023 $118,460
2022 $4,800 $127,032 $12,023 $115,009
2021 $4,647 $123,333 $11,673 $111,660
2020 $4,410 $117,460 $11,117 $106,343
2019 $4,431 $117,460 $11,117 $106,343
2018 $4,449 $117,460 $11,117 $106,343
2017 $4,467 $117,460 $11,117 $106,343
2013 $4,451 $117,460 $11,117 $106,343
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Price Changed $1,385,000 -7.4% $131 / Sq Ft
02/03/2025 02/03/25 Price Changed $1,495,000 -6.6% $141 / Sq Ft
09/16/2024 09/16/24 For Sale $1,600,000 -- $151 / Sq Ft
Source: New Mexico MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- --
Source: Public Records

Source: New Mexico MLS

MLS Number: 20245436

New Mexico MLS

APN: 34860