2146 W Picacho Ave - Restaurant FOR SALE


Las Cruces, NM 88007
$1,050,000 USD
714-312-3934
2146 W Picacho Ave, Las Cruces, NM for Sale
$1,050,000 USD
Restaurant - FOR SALE
1/16
null | Request Cap Rate

2146 W Picacho Ave
Las Cruces, NM 88007


OVERVIEW

Investment Highlights -Priced to Sell at $1,050,000. -Affordable Entry Independent Motel in New Mexico’s 2nd Largest City. -28 rooms, Exterior Corridor, Well-Maintained Condition. -Built-Out Vacant Restaurant Space Offers Immediate Lease or F&B Income Potential. -Positioned for Franchise Conversion – Unlock Higher RevPAR and Brand Value. -Strong Location Along I-10 & US-70 with Excellent Visibility and Traffic. . -Minutes from Downtown Las Cruces, NMSU, and Major Medical Centers. -High-Demand Market with Tourism, University, and Healthcare Drivers

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$412 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

C-3

APN/PARCEL ID

02-19901

ASK ABOUT THIS PROPERTY

Vijay HiraT & S Hotel AdvisorsMore Info
714-312-3934

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Vijay HiraT & S Hotel AdvisorsMore Info
714-312-3934

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.