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About This Home
This 0-bedroom, 0-bathroom commercial at 1570 W Picacho Avenue in Las Cruces, NM is listed for $575,000. on a 0.61 acres lot.
This commercial property offers a solid investment opportunity with multiple income streams. The building features two front-facing units on Picacho Ave. 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. All occupants are on month-to-month leases, allowing the new owner the option to modify rental rates, reconfigure occupancy, or utilize a portion of the property for owner use while continuing to generate income from the remaining leased spaces!
Key Features
- 0.61 acre lot
Property Details
Monthly Cost Estimate
$3,075/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1570 W Picacho Avenue
Las Cruces, NM 88005
Property Details
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1570 W Picacho Avenue is listed at $575,000. The estimated monthly payment is $2,492 based on 20% down at 6.5% interest.
Key features include: 0.61 acre lot.
This property is listed by Cristal Garcia and can be reached at 5756505039 or cg@houseofcristal.com.
