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  1. Commercial Properties
  2. NM
  3. Las Cruces
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For Sale

Budget Inn

2255 W Picacho Ave, Las Cruces, NM 88007

Immerse yourself in the vibrant surrounding area of Las Cruces, NM, offering an array of attractions and amenities perfectly suited for a prospective Hospitality / Full Service investor. Embrace the scenic charm of the nearby Organ Mountains and find inspiration in the rich cultural heritage at the New Mexico Farm and Ranch Heritage Museum. The property's proximity to historic Old Mesilla and its eclectic mix of shops, galleries, and restaurants ensures a captivating experience for guests. Enjoy easy access to the renowned New Mexico State University and the vibrant downtown area, providing an endless array of entertainment options. With its captivating natural landscapes and cultural allure, the area surrounding the property presents an enticing opportunity for hospitality investment.Uncover an exceptional investment opportunity with this expansive 22,495 SF building housing 58 units in the heart of Las Cruces, NM. Built in 1962 and strategically zoned C-3, this property presents an alluring prospect for Hospitality / Full Service investors seeking a prime location with significant development potential. The property's versatile layout and ample capacity make it an ideal canvas for a range of hospitality ventures. With its strategic location and strong potential for future growth, this property offers an excellent opportunity for investors looking to capitalize on the thriving hospitality market in this dynamic city. Unleash the potential of this sought-after property and fuel your investment aspirations in the heart of Las Cruces.

Key features

  • 22,495 SF building
  • 58 units
  • Built in 1962
  • Prime location in Las Cruces area
  • Zoned C-3
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Tim Luten

SVN | Walt Arnold Commercial Brokerage

Building Details

  • For Sale $1,625,000
  • Property Type Other
  • Property Size 22,495 SF
  • Units 58
  • Lot Size 1.38 Acre
  • Year Built 1962
  • Date Updated Apr 17, 2026

Getting Around

  • Walk Score ®

    Car-Dependent (49)
  • Bike Score ®

    Bikeable (62)
Powered by Walk Score ®

Location

  • City Las Cruces, NM
  • Zip Code 88007
  • Market El Paso

Points of Interest

Valero

0.38 miles

Alon

0.73 miles

Shell

0.96 miles

Pilot

0.99 miles

Tesla Supercharger

1.02 miles

Chevron

1.02 miles

K Mart

1.23 miles

Brewer Fleet Vehicle Fueling

1.28 miles

One Stop

1.56 miles

Reserved parking

0.52 miles

Home Side Parking

0.54 miles

Handicaped Parking

0.57 miles

Reserved Parking

0.59 miles

Football Booster, Players, and Trainers Parking

0.61 miles

Cheer, Pom, Band Parking

0.63 miles

La Posta Overflow Parking

2.63 miles

La Posta Parking

2.67 miles

Mister Car Wash

2.82 miles

Pic Quick

3.59 miles

Valley Rapid Wash

3.65 miles

Shell

3.78 miles

Aggie Car Wash

3.89 miles

Pic Quik car wash

4.10 miles

Touchless Car Wash

4.22 miles

Le Rendez-vous Cafe

0.45 miles

Icebox Brewing Company

0.52 miles

Sonic

0.72 miles

Nellie's Cafe

0.84 miles

Subway

0.90 miles

Valley Pizza

1.00 miles

Roasted Rooster Coffee & Waffles

1.02 miles

The Shed

1.41 miles

Old Mesilla Pastry Cafe

1.42 miles

Save Mart

0.74 miles

Lowe's Fiesta Foods

1.91 miles

Walmart Supercenter

2.08 miles

Albertsons

2.16 miles

Pro's Ranch Market

2.21 miles

Mountain View market

2.31 miles

Lowes Foods

3.16 miles

Kohl's

3.30 miles

Maria Teresa Plaza

3.40 miles

Las Cruces Fire Station 3

0.86 miles

Campo Behavioral Health

1.24 miles

Las Cruces Fire Station 1

1.76 miles

Walmart Pharmacy

2.04 miles

Three Crosses Regional Hospital

2.47 miles

Fairacres-Picacho Volunteer Fire Department

2.78 miles

CVS Pharmacy

2.85 miles

Town of Mesilla Fire Department

2.85 miles

Concentra Urgent Care

3.10 miles

2255 W Picacho Ave Listing Summary

  • What is the asking price at Budget Inn?

    Budget Inn is currently listed for sale at Contact for pricing.

  • What is the total size of Budget Inn?

    Budget Inn has a total of 22,495 square feet.

  • What is the year built for Budget Inn?

    The year built for Budget Inn is 1962.

Contact Listing Broker
broker
Tim Luten

SVN | Walt Arnold Commercial Brokerage

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