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Office Units with Enclosed Courtyard
For Sale
$1,200,000

301 W College Avenue, Silver City, NM 88061

COMMERCIAL - Silver City, NM

Property Size15,515 SF
Lot Size0.91 Acres
Price / SF$77.34
Days on Market167

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
telephone

Building Details

Building materials Block, Frame, Concrete, Stucco
Additional Structures Storage
Listing Agency: Smith Real Estate & Prop. Mgmt.
Listed By: Rebecca Smith · License #6755
Added: Feb 19 Changed: Aug 2 Last Checked: Aug 5 at 3:06AM
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 historic-but-modernized office units complex features 18 units of varying sizes on a 0.91-acre site with a self-contained layout. Originally built as apartments in the 1920s, the property offers historic character alongside modern updates, including fiber-optic internet and telephone service. An enclosed inner courtyard is landscaped, creating a private outdoor setting just off College Avenue.

The complex includes a paved parking lot in the rear with courtyard access, plus on-street parking. Building construction materials include block, frame, concrete, and stucco, and the property has natural gas heating. A gas water heater serves the building, with public water and public sewer available.

Current tenants are primarily medical and professional offices, along with 2 apartments. Parking and courtyard access support everyday convenience for tenants and visitors, while the enclosed courtyard provides a distinctive, tenant-friendly gathering space.

Key Highlights

  • 0.91‑acre office units complex with 18 units of varying sizes
  • Enclosed inner courtyard with landscaped grounds off College Avenue
  • Originally built as apartments in the 1920s and modernized

Property Analytics

Current Use

QUANTUM VIEW THERAPY Psychotherapist National Sinus Institute Medical Clinic Mental Health Services Crisis Center Counseling Group-Southwest Nm Family Counselor Counseling Group-Southwest Nm: ... Family Counselor

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Electrical Service Carpet & Flooring Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,010
Businesses Nearby

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Historic mixed-use office complex with 18 units, landscaped enclosed courtyard, and fiber-optic internet and telephone.
Where is this office units 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: 0.91‑acre office units complex with 18 units of varying sizes; Enclosed inner courtyard with landscaped grounds off College Avenue; Originally built as apartments in the 1920s and modernized
More about this property
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