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2146 W Picacho Ave 2,552 SF 100% Leased Retail Building Las Cruces, NM 88007 $1,181,491 CAD ($462.97 CAD/SF)
INVESTMENT HIGHLIGHTS
- Priced to Sell at $1,050,000.
- 28 rooms, Exterior Corridor, Well-Maintained Condition.
- Positioned for Franchise Conversion – Unlock Higher RevPAR and Brand Value.
- Affordable Entry Independent Motel in New Mexico’s 2nd Largest City.
- Built-Out Vacant Restaurant Space Offers Immediate Lease or F&B Income Potential.
- Strong Location Along I-10 & US-70 with Excellent Visibility and Traffic.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,552 SF
Building Class
C
Year Built
1968
Price
$1,181,491 CAD
Price Per SF
$462.97 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
1.05 AC
Zoning
C-3
Parking
41 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
181’ on West Picacho Avenue
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-19901 | Improvements Assessment | $162,320 CAD |
| Land Assessment | $83,317 CAD | Total Assessment | $245,637 CAD |
PROPERTY TAXES
Parcel Number
02-19901
Land Assessment
$83,317 CAD
Improvements Assessment
$162,320 CAD
Total Assessment
$245,637 CAD
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2146 W Picacho Ave
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