$600,000
0.39 Acre Lot
Visits : 108 In 109 Days

506 May Avenue, Las Cruces, New Mexico 88001

  • Commercial Lease Property Type
  • 109 Days on Market
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.

Details
$600,000
Commercial Lease
0.39 Acre
Active
17,050 Sqft
.25 to .50 AC
Mixed Use
Berkshire Hathaway Homeservices - NM Properties
Terriane M Everhart
(575) 541-9221
Features
: Forced Air
: Evaporative Cooling
: Flat, Tar/gravel
Address Information
506
May
Avenue
US
NM
Dona Ana
Las Cruces
Las Cruces Heights
88001
W107° 13' 34.6''
N32° 18' 34.5''
Additional Property Details
: Stucco
: Ceramic Tile, Carpet
: Electricity Available, Natural Gas Available
: Public
: Unknown, Public Sewer
No
Gas
Agent info
Mesa Flats Realty
Contact Agent
Contact Us
info@mesaflatsrealty.com 575-224-2295