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1743 and 1747 N Grand Avenue

Las Vegas, NM 87701
  • $625,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 20250354
UPDATED: 44 min ago
$625,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,040
    SQFT
  • $124
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2009
County:
Area:

School Ratings & Info

Description

Great long term investment. Two solid long term tenants in place. Two modular office buildings with tons of upgrades and improvements. Offered at an attractive CAP rate. 1743 Grand Ave Leased through November 2026 1,680 square feet New HVAC installed August 2023 New carpet installed November 2022 All interior painted November 2022 1747 Grand Ave Leased through February 2027 3,360 square feet New HVAC installed June 2024 New carpet installed March 2021 All interior painted February 2024 Total of 5,000+- SQFT on 3/4 acre on North Grand Ave in Las Vegas, NM Great location next to the Recreation Center and across from City Hall Buildings are modulars constructed with architectural drawings in 2009 Buildings are all electric and ADA compliant Shared parking area with 22 spaces Enclosed with a fence

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© 2025 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 Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2025-02-10T17:15:01.337.

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.rivasrealestatenm.com/homes/159576700
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1743 and 1747 N Grand Avenue Las Vegas, NM 87701

  • Price: $625,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 44 min ago
  • MLS #: 20250354
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,040
SQFT
$124
$/SQFT
2009
Built
Neighborhood:
Las Vegas
County:
San Miguel
Area:
Las Vegas
Property Description
Great long term investment. Two solid long term tenants in place. Two modular office buildings with tons of upgrades and improvements. Offered at an attractive CAP rate. 1743 Grand Ave Leased through November 2026 1,680 square feet New HVAC installed August 2023 New carpet installed November 2022 All interior painted November 2022 1747 Grand Ave Leased through February 2027 3,360 square feet New HVAC installed June 2024 New carpet installed March 2021 All interior painted February 2024 Total of 5,000+- SQFT on 3/4 acre on North Grand Ave in Las Vegas, NM Great location next to the Recreation Center and across from City Hall Buildings are modulars constructed with architectural drawings in 2009 Buildings are all electric and ADA compliant Shared parking area with 22 spaces Enclosed with a fence
Exterior Features

Construction Materials Metal Siding Open Parking YN Yes Other Parking Driveway Parking Features Parking AreaParking LotPaved Structure Type Office

Interior Features

Heating YN No

Property Features

Building Area Total 5040 Business Imp Dist YN No Existing Leases YN Yes Included Building Lease Hold No Lot Features Irregular Lot Property Sub Type Commercial Road Frontage Type City Street Sale Rent For Sale Tax Annual Amount 4516 Utilities Electricity Connected

Listing courtesy of Santa Fe Realty Unlimited: 505-467-8829.
© 2025 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 Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2025-02-10T17:15:01.337.

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.
 
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Rivas Real Estate
3420 N. Grimes Ste 100
Hobbs NM, 88240