533 Railroad

    Las Vegas, NM 87701
    • $265,000
    • STATUS: Active
    • ON SITE: 847 days
    • MLS #: 20160815
    UPDATED: 224 min ago
    $265,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,125
      SQFT
    • $85
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1940
    County:
    Area:

    School Ratings & Info

    Description

    Income property in the up-and-coming Railroad District! Located on the corner of Railroad and East Douglas, this building features a c.1375 sq ft commercial/retail space with two entrances - on East Douglas and on Railroad Avenue directly across from the Caste'eda. This commercial area has large room with lovely exposed stone walls, 10' ceilings, kitchenette and small "private" area, plus office and additional frontage on Railroad. Property also includes an additional 3 residential rental units with a fantastic occupancy rate that face Douglas Avenue. Upgraded and ready for your business! Or rent out the retail space as well for more income. Possible artist live/work in the retail space if that is what you are looking for. Financials in the file to qualified buyers. Come see!

    Monthly Payment Calculator

    © 2018 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. 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 the New Mexico MLS. Real Estate listings held by brokers other than Rafter Cross Realty are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2018-11-14T00:15:11.087.

    This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
    www.raftercrossrealty.com/homes/64880190

    533 Railroad Las Vegas, NM 87701

    • Price: $265,000
    • Status: Active
    • Updated: 224 min ago
    • MLS #: 20160815
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,125
    SQFT
    $85
    $/SQFT
    1940
    Built
    Neighborhood:
    Las Vegas
    County:
    San Miguel
    Area:
    Las Vegas
    Property Description
    Income property in the up-and-coming Railroad District! Located on the corner of Railroad and East Douglas, this building features a c.1375 sq ft commercial/retail space with two entrances - on East Douglas and on Railroad Avenue directly across from the Caste'eda. This commercial area has large room with lovely exposed stone walls, 10' ceilings, kitchenette and small "private" area, plus office and additional frontage on Railroad. Property also includes an additional 3 residential rental units with a fantastic occupancy rate that face Douglas Avenue. Upgraded and ready for your business! Or rent out the retail space as well for more income. Possible artist live/work in the retail space if that is what you are looking for. Financials in the file to qualified buyers. Come see!
    Exterior Features

    Access To Property Driveway To City Street Building Size 3125 Building Type CommercialOfficeRetailShowroom Construction Masonry Roof Flat

    Interior Features

    Extras Gas F/A Heat Office Sq Ft 1375

    Property Features

    Business Improvement Dist No Commercial Type Retail Court Approval Yes Disclosures No Internet YN Yes Landlord Pays SewerWater Lease Hold Yes Lot Land Size 2250 Square Feet Owner Financing No Possession Call List O/Neg Property Disclosure Yes Reo Bank Owned No Sale Or Rent For Sale Short Sale No Sq Ft Source County Taxes Amount 575.85 Third Party Approval No

    Listing courtesy of Home & Land Professionals.
    © 2018 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. 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 the New Mexico MLS. Real Estate listings held by brokers other than Rafter Cross Realty are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2018-11-14T00:15:11.087.

    This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
     
    Rafter Cross Realty
    822 South Main Street, P.O. Box 8
    Lovington NM, 88260