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$ 600,000
Active
506 E May AVE Las Cruces, NM 88001
0.39 Acres Lot
UPDATED:
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
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Listed by Berkshire Hathaway Homeservices - NM Properties