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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
- Carl has gone above and beyond the normal duties of a real estate professional to help me relocate to Las Cruces for my retirement. He helped me know the area and find the best place for me in a 55+ community. His attention to detail allowed for a smooth closing - even with me out-of-state. I am most grateful for his help and expertise. I recommend Carl to you with the highest possible marks. In the process, I consider Carl a friend on the journey of life.
Scott Lothe
- From the first time I met Carl for coffee, I was confident that his expertise and client friendly approach would lead me to the perfect home in Las Cruces. He was very patient, methodical and affable at every step. It’s been a pleasure working with Carl through the entire home buying process. Highly recommend!
N Fitz
