520 N Mitchell St, Clovis, NM 88101

Property Description

520 Mitchell Street Historic Downtown Clovis Investment & Hospitality Opportunity Step into a rare opportunity to own one of Clovis' most unique and versatile properties. Originally built in 1937, this 5,222-square-foot historic property has evolved through multiple successful chaptersfrom family residence, to professional office space, back to a private home, and most recently a boutique short-term rental destination. Located just steps from downtown Clovis and only 15 minutes from Cannon Air Force Base, this property offers exceptional flexibility for investors, entrepreneurs, owner-operators, multi-generational families, or anyone seeking a property that can generate income while providing abundant living space. Previously operated as The Canna House by High Society Rentals, the property successfully hosted travelers from across the Southwest and developed strong relationships with local businesses and community partners. The operation demonstrated the property's potential as a destination lodging experience while leaving significant opportunity for future owners to expand marketing efforts and increase occupancy. The property features five bedrooms, three bathrooms, multiple common areas, entertainment spaces, and a separate upstairs apartment ideal for an on-site owner, manager's quarters, long-term tenant, executive housing, or additional short-term rental income. An efficiency suite offers yet another revenue opportunity. Recent improvements include updated flooring, fresh paint, trim upgrades, and a new electric water heater. Approximately 90% of furnishings, all linens, and the majority of dcor can convey with the sale, creating a largely turnkey opportunity for the next owner. Potential uses include: Boutique Bed & Breakfast Airbnb / Short-Term Rental Operation Executive or Corporate Housing Military Relocation Housing Multi-Generational Residence Event and Retreat Venue Mixed-Use Live/Work Property As an added value, the current owners are willing to provide up to 60 days of transition assistance to help a new owner understand operational considerations, guest management, and the fundamentals of running a hospitality-focused business from the property. Properties offering this combination of historic character, downtown location, flexible layout, income-producing potential, and turnkey furnishings rarely become available. Whether your vision is hospitality, investment, housing, or a unique personal residence, 520 Mitchell Street offers possibilities that extend far beyond a traditional home. Schedule your private showing today and discover the opportunity waiting behind this historic Clovis landmark.