Map
Link Copied
Listed price in listed location currency (USD).
$600,000

0015

MLS® 2503612

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Lease
Size -
Garage No
Date Available 
Days Active 16
Approx. Age 
MLS® Number 2503612

Property Address: 506 E May Ave, Las Cruces, NM, 88001-2830

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number2503612
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Leased YetSold Price

For Rent

Nov 19, 2025List Date
$600,000List Price
  • Commute

Commute

Starting Address
Destination Address
506 E May Ave, Las Cruces, NM

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties