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$ 600,000
0.39 Acres Lot
$ 600,000
0.39 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Rent
Subdivision Las Cruces Heights
MLS Listing ID 2503612
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions .25 to .50 AC
Property Sub-Type Mixed Use
Source lascruces
Property Description
JUST LISTED!PRIME DOWNTOWN LAS CRUCES, NM INVESTMENT OPPORTUNITY. NEWLY REMODELED.Unlock the kind of potential investors chase but rarely find. This mixed-use gem sits just steps from the vibrant, fast-growing heart of Downtown Las Cruces, surrounded by thriving restaurants, breweries, boutiques, and year-round foot traffic.Property features include: One 3-bedroom rental unit, perfect for strong long-term cash flow Five 1-bedroom, 1-bath apartments, high-demand, low-vacancy, and always rentable A+ location in a revitalized corridor Endless upside with value-add improvements, short-term rental options, or re-imagined urban living spacesWhether you're a seasoned investor or looking to expand your portfolio with a downtown property that actually performs, this is the moment. Opportunities in this location do not sit long. High demand. High visibility. This is the one worth moving on. Let's make it yours.Purchase subject to existing leases on all 6 units.
Location
State NM
County Dona Ana
Interior
Heating Forced Air
Cooling Evaporative Cooling
Flooring Carpet, Ceramic Tile
Fireplace N
Exterior
Utilities Available Natural Gas Available, Electricity Available
Roof Type Flat,Tar/Gravel
Building
Story 1
Sewer Unknown, Public Sewer
Water Public
Structure Type Stucco
©2026 The Las Cruces Association of REALTORS®, Inc. All rights reserved.
Listed by Berkshire Hathaway Homeservices - NM Properties
LasCrucesHomeTeam.com
Broker Associate License ID: REC-2023-0607
Sonoma Ranch Blvd, Las Cruces, NM 88011, USA
Top Clicks - Las Cruces
Las Cruces Popular Areas
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Carl Krause
Broker Associate License ID: REC-2023-0607
REVIEWS
- Ronnie & Carl our team of Realtors. Help us find our forever, home Walked us through the process of everything. And made a seamless transaction. If you’re looking for a realtor, we highly recommend Ronnie and Carl. They will work effortlessly to help you find your home. Jerry & Debbie
Debbie Wilbanks
- We recently purchased a condo in Santa Fe. Although our broker was from Santa Fe, we were fortunate to be able to utilize Carl Krause’s extensive knowledge of real estate transactions to help us navigate the purchase. It gave us peace of mind knowing we had a trusted ally from our home town to advise us on the process. Thank you Carl!
Carol Placchi
- Had a great experience buying my house with this team. I was selling my place in Colorado and couldn’t be in Las Cruces to look at houses. Carl was so helpful getting together a list of houses - in a spreadsheet ! that included all the information about each house. Then he took the time to set up appointments and FaceTime me with the walkthroughs. Finally sold my place and with the help of Carl and Ronnie, was able to close on a great house here in record time!
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