855 W Pichacho Ave - Storefront Retail/Office FOR SALE


Las Cruces, NM 88005- Downtown Las Cruces
$495,000 USD
575-937-9330
855 W Pichacho Ave, Las Cruces, NM for Sale
$495,000 USD
Storefront Retail/Office - FOR SALE
1/25
null | 8.01% Cap Rate

855 W Pichacho Ave
Las Cruces, NM 88005
Downtown Las Cruces


HIGHLIGHTS

  • Central Business District
  • Corner Lot
  • Seller Financing

OVERVIEW

Exceptional turn-key multi stream investment property. Excellent cash flow history. Features mixed use light industrial, warehouse/shop, vehicle lot, mini storage, street frontage business, a 12x12 office building and a 1,428 sf 2004 Schultz manufactured home on a permanent foundation( 2x6 frame, sun room, fenced , metal porch 3br, 2 bath) that can be used as a rental or onsite living. Located near Parks, recreational facilities and a bustling redevelopment district, this property is a fantastic opportunity. This property is completely fenced and cross fenced, well maintained income producer.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$135 USD /SF

CAP RATE

8.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

C-2

APN/PARCEL ID

02-02390

ASK ABOUT THIS PROPERTY

Eugene HeathmanRE/MAX Classic Commercial DivisionMore Info
575-937-9330

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Eugene HeathmanRE/MAX Classic Commercial DivisionMore Info
575-937-9330

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