801 Douglas Street

  • Price: $825,000
  • MLS: 201900580
  • Status: Active
  • Type: Multi/Mixed Use
  • Acres: 0.17
  • Area: 28-San Miguel Cnty
  • Total Sqft: 9,472

Presenting Broker

Tommy Gardner

Tommy Gardner

(505) 919-8819

Email Me

Santa Fe Comm. Real Estate, LLC
64 Amberwood Loop
Santa Fe, NM 87501
Direct: 505-919-8819

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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!

Additional Features

  • Type: Multi/Mixed Use
  • Days On Market: 298
  • Age: 31+ Years
  • Floor: Carpeting, Tile, Other - See Remarks
  • Construction: Brick
  • Sewage: City
  • Gas: Natural
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Listing Brokerage

Jeanne-Marie Crockett

JM Crockett Realty

IDX listing
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 Sotheby's International Realty ® are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.