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1507 W Picacho Avenue

Las Cruces, NM 88005
  • $575,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 20252546
UPDATED: 83 min ago
$575,000
  • 0
    BEDS
  • 0.61
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,754
    SQFT
  • $85
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

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 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.

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© 2025 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2025-05-14T16:15:11.827.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
www.rivasrealestatenm.com/homes/163329552
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1507 W Picacho Avenue Las Cruces, NM 88005

  • Price: $575,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 83 min ago
  • MLS #: 20252546
0
Beds
0
Baths
0
½ Baths
0.61
Acres
6,754
SQFT
$85
$/SQFT
1950
Built
Neighborhood:
Las Cruces
County:
Dona Ana
Area:
Las Cruces
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 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.
Exterior Features

Construction Materials Frame Open Parking YN Yes Other Parking Driveway Parking Features Parking AreaParking Lot Roof MetalPitchedAsphalt Structure Type CommercialRetailWarehouse

Interior Features

Cooling Evaporative HallEvaporative CentralRefrigerated Central Cooling YN Yes Heating Natural Gas Heating YN Yes

Property Features

Building Area Total 6754 Building Features Ceiling Height: Varies Business Imp Dist YN No Existing Leases YN Yes Fencing Chain Link Included Building Property Sub Type Commercial Road Frontage Type City Street Sale Rent For Sale Tax Annual Amount 6531.64 Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Water Source Public Zoning Description C2

Listing courtesy of Exit Realty Horizons: 575-532-5678.
© 2025 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2025-05-14T16:15:11.827.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
 
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