$600,000/month

506 E May Avenue, Las Cruces NM, 88001

Price per sqftN/A

Property typeCommercial

Courtesy of Berkshire Hathaway Homeservices - NM Properties, Terriane M Everhart Listing Contact: (575) 639-1138

Overview

Active

Listed Nov 18, 2025

Updated Jun 4

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.

Additional information

MLS^® ID: 2503612

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.39 Acres

Listings courtesy of Las Cruces Association of REALTORS® as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor R1 Realty One of New Mexico shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 1:47 PM UTC on 6/4/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

©2026 Las Cruces Association of REALTORS® . All rights reserved.

DMCA Notice