Price reduced to $189,000 from $195,000!! Commercial live/work property on a 0.63 acre lot on a busy street in Las Vegas, New Mexico. C-1 zoning allows approximately fifteen different types of businesses to be accommodated here including art gallery, professional offices, veterinary clinic, retail, etc. The property is located about two and a half blocks north of the Old Town Plaza. It has a historic well that has been featured as a tourist attraction for visitors of the area. The original adobe structure from 1840 was at one time the May Hays Mercantile. The property has a live-in variance that is transferable to the potential buyer so the owner can live in the building and operate a business at the same time. Plenty of off street parking and a large back yard with mature trees provide great opportunities for gatherings, celebrations, and expansion of the building. Property was rented in the past for $1,200 per month, utilities not included.