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Fairacres Plaza

4001 W Picacho Ave Las Cruces, NM 88007

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Overview

High traffic corner, multi occupant partial residential partial commercial. Two businesses/Two apartments, Beauty shop with available space for retail, Apt. 1 - modified studio style living quarters , Apt. 2 - 2 BR, secure , enclosed courtyard, parking. Great for owner-user or investment. Stable rental history. Adobe/block/stucco style

Corner Lot, High Visbility

Attachments

For Sale

Retail
Multifamily

Secondary Uses: Mixed Use

Sale Price
$450,000
Price Per SF
$156.8/SF
Building Size
2,870 SF
Acres
0.22 ac
Zoning Description
Community Commercial
Building Name
Fairacres Plaza
Building Class
C
Floors
1
Year Built
1950
Parking Spaces
10
Tax ID Number
4-003-135-453-333
Property Use Type
Investment
Property Status
Existing
Average Occupancy Rate
90
Total Units
4
Ceiling Height
8 - 10
County
Doña Ana
Created
2025-01-20
Updated
2025-01-20
Listing ID
4eae0490
Parcel APN
4-003-135-453-333

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