Modernized Historic Mixed-Use
For Sale
$1,200,000
301 W College Avenue, Silver City, NM 88061
CommercialSale, Silver City, NM
Property Size15,515 SF
Lot Size0.91 Acres
Price / SF$77.34
Days on Market200
Property Features for 301 W College Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Silver City - Historic DC, Silver City - Mixed Use
Rooms
Basement
Parking features
Parking Lot, On Street
Appliances
GasWaterHeater
Subdivision
Fraser
Directions
From Hudson St. (Hwy 90), turn east on College Ave. at stoplight. Property is on the left, across from Grant Street.
Standard status
Active
APN
R096988
Size
15,515 SF
Lot size
0.91 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Fraser Block 177 Lots 1-16 .918 Ac
Tax Annual Amount
8965
Legal Description
Fraser Block 177 Lots 1-16 .918 Ac
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Amenities
enclosed inner courtyard
fiber-optic internet and telephone
Building Details
Building materials
Block, Frame, Concrete, Stucco
Additional Structures
Storage
Listing Agency:
Smith Real Estate & Prop. Mgmt.
(575) 538-5373
Listed By:
Rebecca Smith · License #6755
(575) 538-1107
Added: Feb 19
Changed: Sep 4
Last Checked: Sep 7 at 5:06PM
MLS# 38000
Copyright © 2026 Silver City Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use complex contains 18 units across 15,515 square feet on a 0.91-acre site. The property was originally constructed as apartments in the 1920s and has been modernized for a combination of medical and professional office occupancy, along with two apartments. Construction includes block, frame, concrete, and stucco elements, with natural-gas heating and fiber-optic internet and telephone service.
An enclosed landscaped courtyard provides a central outdoor area with access to the rear paved parking lot. The property also offers on-street parking, public water, and public sewer. Located at 301 W College Avenue in Silver City, the complex sits near the edge of downtown and three blocks from Western New Mexico University.
An enclosed landscaped courtyard provides a central outdoor area with access to the rear paved parking lot. The property also offers on-street parking, public water, and public sewer. Located at 301 W College Avenue in Silver City, the complex sits near the edge of downtown and three blocks from Western New Mexico University.
Key Highlights
- 18‑unit mixed‑use complex with 15,515 square feet of building area
- 0.91‑acre site at 301 W College Avenue in Silver City
- Originally constructed in the 1920s and subsequently modernized
Property Analytics
Property Profile
Current Use
Lease Details
16
Office units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,010
Businesses Nearby
Explore this area
Business Placement
Demographics for 88061, NM
17,429
Population
9,049
Households
1.9
Avg Household Size
48
Median Age
30%
College-Educated
90%
High-School Grad
897.2 sq mi
ZIP Area
19
Density / Sq Mi
$47,099
Median Household Income
$27,019
Median Earnings
$841
Median Rent
$185,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-unit commercial property with office, apartment, courtyard, and parking components near downtown and WNMU.
Where is this mixed-use property located?
The property is located at 301 W College Avenue Silver City, NM.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 18‑unit mixed‑use complex with 15,515 square feet of building area; 0.91‑acre site at 301 W College Avenue in Silver City; Originally constructed in the 1920s and subsequently modernized
