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855 W Pichacho Ave
Las Cruces, NM 88005
Retail Property For Sale
Investment Highlights
- Central Business District
- Seller Financing
- Corner Lot
Executive Summary
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,672 SF
Building Class
B
Year Built
1966
Price
$682,575 CAD
Price Per SF
$185.89 CAD
Cap Rate
8.01%
NOI
$54,667 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
0.66 AC
Opportunity Zone
Yes
Zoning
C-2 - Community Commercial
Parking
16 Spaces (4.36 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Fenced Lot
- Signage
- Storage Space
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