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$199,900
20243876 MLS
This well maintained triplex on a corner lot offers an excellent investment opportunity close to shopping and restaurants. Whether you're an investor looking for rental income or a homeowner seeking additional revenue, this property checks all the boxes. Updated interior and separate parking for each unit are just some of the key selling features for this property. Unit #1 (main house) offers 3 bedrooms, 1 bath, and a small shed. Unit #2 consists of a studio apartment and Unit #3 is a one bedroom apartment. All units are currently rented on a mont-to-month basis. This property also boasts a metal roof on each of three units for easier maintenance and longevity. Will qualify for FHA, Conventional, & VA Loans. Don't miss this income-producing opportunity!

320 Ross St, Clovis

Listing courtesy of Exp Realty, LLC.

$235,000
20233002 MLS
Prime Commercial Investment Opportunity on Highway 87 Excellent income-producing commercial property located on Highway 87, the busiest road in town, offering outstanding visibility and consistent traffic flow. This well-positioned corner lot provides excellent exposure for any business and includes a dedicated parking lot for convenient off-road parking. The building features over 2,400 square feet of versatile commercial space and has successfully operated as both a restaurant and retail business, offering flexibility for a variety of future uses. Ideally situated just 5 minutes from the I-25 exit, the property is surrounded by established businesses including fast food restaurants, motels, gas stations, and other high-traffic amenities, making it a prime location for continued commercial success. This property is currently leased under a triple net (NNN) lease with a 3-year term, providing an immediate income-producing investment opportunity for buyers seeking a strong location with reliable tenant occupancy. With its high-visibility corner location, strong traffic counts, ample parking, and established commercial history, this property offers endless possibilities for investors and business owners alike. If youre looking for a place to invest along the main business corridor, this is the road to be on.

215 Clayton, Raton

Listing courtesy of Realty One Of New Mexico - Raton.

$895,000
20226090 MLS
WESTWARD HO, LLC & HOMESTEAD COMPOUND, LLC 7.2-+, ACRES. PART OF TRACT B. Approximate location on Frontage Road, 4+- miles north of Las Vegas, NM. High visibility from I-25. One hour from Santa Fe and 3 hours to the Colorado Border; these are estimated times for both. DESCRIPTION OF PROPERTY: Building Sizes: 100x50, 40x48, 29x48. Cement floors, wooden rafters. Large front sliding doors for easy access. Bathroom Block Building: 3 women's stalls and 3 men's stalls, with showers. RV Spaces: 20-3050-amp -20 spaces, 3 long-term spaces. Great views of the Sangre de Cristo Mountains. City Water and Natural Gas. SEPTIC TANKS. Two bunker buildings, 20 feet high, 250 feet long. Weight station, 79 Ft Pad. Water Tank, USED when the well was in use and operative. Outside loading dock. LOOK IN DOCUMENTS ATTACHED BELOW TO SEE OUTLINE OF THE PROPERTY FOR SALE. Full Disclosure: Owner/New Mexico Broker. This is a 1031 Exchange or Cash Purchase. Before showing, please email a Pre-Qualification Letter from the Bank, or the Buyer's loan office. Have Questions? Call K. Duke at 505.429.1523. Seller/Owner is a New Mexico Real Estate Broker. kd@dukerg.com

857 #86 Hwy 2142 St, Las Vegas

Listing courtesy of Duke Realty Group.

$69,000
20263931 MLS
VACANT LAND FOR SALE IN WESTERN RURAL NEW MEXICO. MOTIVATED SELLER.***39.22-acre property consisting of two adjoining lots. Located in a quiet, sparsely populated subdivision with only a few neighboring properties and minimal restrictions, this beautiful parcel offers the perfect balance of privacy, accessibility, and breathtaking sceneryall with no HOA.*** Choose from several outstanding building sites, including a level hilltop location with panoramic views of the Sawtooth and Alegres Mountains. The land features a desirable mix of mature trees and open meadows, creating an ideal setting for a custom home, cabin, or weekend retreat.*** Electricity and telephone service are conveniently available along the property line, making future development even easier. The property is fenced on two sides and borders a large ranch on two sides, enhancing the peaceful, open feel while providing additional privacy.*** Whether you're looking to build now or invest for the future, this versatile acreage offers endless possibilities in a beautiful rural setting. Come experience the wide-open spaces, stunning mountain views, and quiet country lifestyle this remarkable property has to offer.

Ocaso Circle, Pie Town

Listing courtesy of New Mexico West Properties.

$309,490
20263886 MLS
Great investment opportunity to make monthly income. Located close to shopping, schools, restaurants, and parks, this property offers 3 separate units, all already occupied and with great curb appeal! All units are 2 bedrooms, 1 bathroom with washer and dryer hook ups. Plenty of parking for all three units. There is a 1 car garage along with a carport that has space for 2 vehicles, and more parking in the driveway. The front main house is 1,977 square feet and includes a finished basement that can be used for storage. The two back houses each are 832 square feet. The back patio is the meeting spot for all tenants who wish to let loose and congregate to either BBQ, hang out, or to just enjoy the beautiful weather. You do not want to miss the opportunity to see this property!

918 E Green Ave, Gallup

Listing courtesy of RE/MAX Combined Investments.

$825,000
20263874 MLS
Great location close to the hospital, shopping, restauraunts and services. 10 unit complex has 8- 2 bedroom 1 1/2 bath units and 2- 3 bedroom 2 bath units. 2 units have been rented for the past 10 years to the helicopter service to the hospital. Each unit has their own 1-2 car covered parking, walk in closets, central AC and heat, high ceilings, amazing styling and Southwest architecture. Bedrooms are nicely sized and floorplans are well laid out. Each unit has a small courtyard and they sit around a central circle drive perfect for guests. Mature trees and landscaping. This is a great investment and turn key opportunity. Several of the units have been nicely, recently updated as well. Several very long term satisfied tenants.

415 E Washington St, Tucumcari

Listing courtesy of Sagebrush Real Estate.

$227,500
3 Beds 2 Baths 20263840 MLS
Multi-Family Investment Opportunity: Dual 3-Bedroom Units + Vacant Lot with Storage Discover an excellent income-producing property featuring two separate 3-bedroom residences and additional development/storage potential on a vacant lot. Perfect for investors seeking strong rental cash flow, house hacking, or portfolio expansion. Property Highlights Main Unit: 3 bedrooms, 2 bathrooms, 1,720 sq ft of living space Second Unit: 3 bedrooms, 1 bathroom, 822 sq ft of living space Total Living Space: Approximately 2,542 sq ft Additional Lot: Vacant parcel included with two storage units already in place ideal for extra rental income, workshop space, or future expansion This multi-family setup offers flexible living arrangements or turn-key rental income. The larger unit provides spacious family-style living with two full baths, while the smaller unit delivers efficient, cozy accommodations. Both units are well-suited for attracting quality tenants in a steady rental market. Call Michael Mazel at 505-519-6715.

706 1st St, Gallup

Listing courtesy of Keller Williams Realty Gallup Living.

$599,000
6 Beds 4 Baths 20263828 MLS
C-1 Zoned Residential/Commercial Income or Multifamily Property. Rare opportunity to own a turnkey residential/commercial property just off of Sudderth Drive. This property offers flexibility for investment, multifamily living, or home based business use. All on just over 1/2 acre. Total Living Space: 3,300 Sq. Ft. 6 Bedrooms, 4 Bathrooms Property includes: - 2,175 Sq. Ft. Primary Residence: 3 bedroom, 2 bath with solar panels that significantly reduce electricity expense. - 750 Sq. Ft. Attached Unit - 2 bedroom, 1 bath. Great mother-in-law quarters or rental unit. Used as short term rental since 2020. - 400 Sq. Ft. Detached Studio Cabin. Kitchenette, Queen Bed, 3/4 Bath, Mini-Split. Used as short term rental since 2019. - 288 Sq. Ft. Detached Cabin. Pet bathing station, storage, and mini split (ideal for pet grooming business or private use). The two rental units have been successfully operated as AirBnb/VRBO properties for 7 years with a track record of over $22,000 annual revenue. Both are being sold fully furnished, including appliances, TV's, beds, mattresses, linens, and current decor. Turnkey and ready to generate income day one. Additional Features; - Separate rear lot , with access from Walnut Drive. Lot has space for a mobile home , with utilities within access to the lot. - All properties are on water filter and softener. - Three sided wood burning fire place in primary residence. - Fenced garden in the from of property. - Parking for 6-7 automobiles. - Fires and Floods have not impacted this property. - Residential and commercial flexibility. Live in primary residence and rent the others, or operate as a full investment property.

108 Horton Cir, Ruidoso

Listing courtesy of Homecoin.Com.

$1,400,000
20263677 MLS
Incredible Business Opportunity in Chama NM. Looking to operate your very own Coffee Shop, Look No Further. Rio Chama Espresso is located in Downtown Chama, and is a well established business, not only for the Village, but it also has a large customer base online and with the returning tourists. This is Turn Key! Beloved Espresso and Wine Bar on a busy Travel route, next to the historic railroad tourist destination is seeking new owners to carry on the tradition of fine coffee, community and a place for people to gather. The kitchen, espresso counter and guest space was designed for efficiency, comfort, and style. All with state of the art kitchen, coffee, espresso, wine and beer equipment. The espresso and bake shop runs concurrently as a wine bar with beer and cocktails, as well as dinner and special event service, with a large event space and covered live music stage. A natural gas fire pit runs opening to close on the front porch for all passing traffic to know the doors are open. With the sale is all the branding, website, mobile ordering, inventory system, online coffee shipping orders as well as additional equipment. Included with the sale is assorted equipment for catering cater gators, large beverage containers, chafing dishes, donut equipment and so much more. Throughout the year the shop decorates for all occasions and all is included with the sale. Owner is offering to train, educate and introduce new ownership to existing clientele as well as daily operations, maintenance, contacts for vendors for up to three months.This is truly a Turn Key Opportunity.

614 Terrace Ave, Chama

Listing courtesy of Rooted Realty Co..

$227,000
4 Beds 2 Baths 20263630 MLS
This unique property offers the perfect blend of comfortable living and eye-catching curb appeal in a desirable New Mexico setting. Charming house perfect for a single or extended family. This property has 3 entrances, 2 driveways, 2 kitchens, 2 furnaces and 2 evaporative coolers. Featuring vibrant mint green exterior with metal roofing, the property boasts meticulously designed xeriscape landscaping filled with mature cacti, succulents, native plants, and decorative stonework that thrives in the high-desert climate while minimizing maintenance. Inside, the bright and colorful interiors showcase personality with warm orange accent walls, wood cabinetry, tile flooring, and thoughtful updates throughout. A large backyard oasis complete with a shade sail, fire pit, and patio seating area is ideal for entertaining or relaxing while enjoying mountain views.

913 Locust St, Truth Or Consequences

Listing courtesy of Sea Properties Ltd.

$395,000
6 Beds 3 Baths 20263449 MLS
An Investment Property with the best of two worlds, primary residence and income to pay for it. This special property has 3- One bedroom, 1 bath rental units in addition to the historical two story Colonial Revival style home. Step right in to a stunning alcove featuring a lovely orate staircase. The main level of this home offers a spacious living room with fireplace formal dining room, large eat-in kitchen, small bedroom, laundry room, and a 1/2 bath. Upstairs is the main bedroom with a huge ensuite bath, plus 4 more bedrooms and bathroom. Outside is an attached garage, covered deck, workshop/storage, open patio, all on the 50' x 142.5' fenced lot. This interesting property is located in the heart of the Las Vegas, NM community. Just can't go wrong with comfortable spacious living in the 2 story home and an income producing property located close to the university, Carnegie Public Library, and shopping. Call for a showing!

924 Seventh St, Las Vegas

Listing courtesy of Pueblo Del Sol.

$399,000
20263408 MLS
C. Earl Greer and Plaza Realty offer this Prime Commercial Opportunity on a High-Traffic Corridor! Position your business for success with this versatile commercial property offering outstanding visibility, easy access, and excellent exposure along a major thoroughfare. Remodeled in 2014, the building is well-suited for a wide range of business ventures, including retail showroom space, manufacturing, office operations, storage, a convenience store, and much more. The flexible layout allows endless possibilities to accommodate your business needs, whether you're expanding, relocating, or launching a new enterprise. With all city utilities in place, including natural gas service, the property is ready for immediate use. Don't miss this exceptional opportunity to own a highly visible commercial property in a convenient location with unlimited potential! Schedule your showing today. Call 575-744-5140!

220 E Third St, Truth Or Consequences

Listing courtesy of Plaza Realty.

$1,400,000
20263444 MLS
Own one of Gallup's most recognizable commercial and hospitality properties. Located along Historic Route 66 in a highly visible, high-traffic corridor, the former Sammy C's Rock N' Sports Pub & Grille is a well-known local landmark with decades of community recognition and a strong presence in the Gallup market. Currently vacant, the property presents a rare opportunity for investors, developers, or owner-users to acquire a fully built-out hospitality facility with significant future potential. Purpose-designed as a restaurant, bar, and entertainment venue, the building features a full commercial kitchen, expansive bar area, walk-in beer refrigeration, professional draft beer system, commercial fire suppression systems, and extensive seating capacity throughout. The facility also includes two enclosed outdoor patios, a dedicated game room, a large banquet and event space capable of accommodating more than 100 guests, private office areas, and a separate space previously utilized as a coffee bar. Distinctive custom Gallup brick accents throughout the property create an authentic atmosphere and character that would be difficult and costly to replicate today. Beyond its previous use, the property's size, layout, and prime location offer flexibility for a variety of future commercial concepts, including hospitality, entertainment, event venues, retail, mixed-use redevelopment, or other adaptive reuse opportunities. A basement level provides additional storage and potential for future expansion. This is a unique chance to acquire a landmark property with exceptional visibility, established community recognition, and the infrastructure to support a wide range of future business ventures in the heart of Gallup.

107 W Coal Ave, Gallup

Listing courtesy of RE/MAX Combined Investments.

$350,000
20263404 MLS
Opportunity on High-Traffic Aztec Ave Discover an exceptional commercial real estate opportunity located on the highly visible, bustling Aztec Ave corridor. This versatile property features three separate buildings, offering incredible flexibility for an investor or an owner-user. The layout provides ample space to accommodate multiple distinct business types simultaneously, maximizing your potential rental income streams. Alternatively, the footprint offers an ideal canvas for a buyer looking to establish or expand a single, large-scale commercial operation. With its high-traffic location, excellent exposure, and flexible configuration, this property is uniquely positioned to suit a wide variety of commercial or retail ventures. Schedule a tour today to explore the immense potential of this prime location! Calll Elizabeth @ 505-8707603

1208 E Aztec Ave, Gallup

Listing courtesy of Keller Williams Realty Gallup Living.

$300,000
20263319 MLS
INVESTMENT OPPORTUNITY with this unique property! The front home is a charming 2-bedroom 1 bath residence, recently updated with new flooring, fresh paint, and thoughtful touches, making it turn-key ready for immediate occupancy or rental. Additionally, the small studio presents the potential for further cash flow through updates or can serve as a cozy guest room for visiting friends and family. This studio has not been updated. The back home, a well-maintained 3-bedroom, 1-bath home is currently rented, offering consistent income and has also received updates it has a separate driveway and parking. The homes sit on 2 large lots with lots of room to grow. This property truly has it all, endless possibilities for investors or homeowners. Schedule your appointment today.

1403 W Fox St, Carlsbad

Listing courtesy of Century 21 Dunagan Associates.