REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 575,000
Est. payment /mo
New
1507 W Picacho Avenue Las Cruces, NM 88005
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20252546
Year Built 1950
Annual Tax Amount $6,531
Tax Year 2025
Lot Dimensions 26,600
Property Sub-Type Commercial
Property Description
This commercial property offers a solid investment opportunity with multiple income streams. The building features two front-facing units currently leased. The first unit, approximately 1,748 sq. ft., was previously a barbershop and is now utilized as storage. The second unit spans 2,254 sq. ft. and functions as office space. The building benefits from a durable metal roof installed in 2017, minimizing long-term maintenance concerns. A separate storage warehouse, that includes an office and two large garage doors for easy access in and out of the building. This is located at the rear of the property with a zero lot line on the west side, also tenant-occupied, currently used for additional storage. Ideal for investors or business owners seeking rental income with flexibility for future use, this property presents strong potential in a high-visibility location.
Location
State NM
County Dona Ana County
Area New Mexico Mls
Interior
Inclusions Building
Exterior
Utilities Available Electricity, Natural Gas, Sewer, Water-City
Roof Type Metal,Pitched,Asphalt/Shingle
Building
Structure Type Frame
Listed by EXIT REALTY HORIZONS
GET MORE INFORMATION
QUICK SEARCH