Live-Work Property with Adobe
For Sale
$239,000
665 518 High, Cleveland, NM 87715
Commercial Sale, Cleveland, NM
Property Size1,887 SF
Lot Size1.77 Acres
Price / SF$126.66
Days on Market156
Property Features for 665 518 High
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
New Mexico Mls
Standard status
Active
APN
1 087 120 148 066
Size
1,887 SF
Lot size
1.77 Acres
Taxes and HOA fees
Tax Description
See Attached Survey
Tax Annual Amount
844
Legal Description
See Attached Survey
Amenities
water rights
Building Details
Year built
1930
Roof type
Metal
Listing Agency:
Home & Land Professionals
(505) 425-9074
Listed By:
Elizabeth A Demare · License #14543
(505) 617-0503
Added: May 11
Changed: Oct 6
Last Checked: Oct 13 at 3:06PM
MLS# 20262758
Copyright © 2026 New Mexico 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 1,887-square-foot property combines a manufactured home, a front addition, and a two-room adobe structure connected by a breezeway. The home was adapted for restaurant use and includes a main room, kitchen area, bedroom, storage room, and bathroom. The adobe rooms have high ceilings, with exposed vigas in one and exposed beams in the other.
The property fronts paved NM Highway 518. Rio La Casa crosses one corner, and water rights are held with the Acequia de los Martinez. A metal roof and on-site parking are also part of the property.
The property fronts paved NM Highway 518. Rio La Casa crosses one corner, and water rights are held with the Acequia de los Martinez. A metal roof and on-site parking are also part of the property.
Key Highlights
- 1,887 square feet across a manufactured home, addition, and two‑room adobe structure
- Frontage on paved NM Highway 518
- Rio La Casa passes through one corner of the property
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 87715, NM
636
Population
169
Households
3.8
Avg Household Size
53
Median Age
16%
College-Educated
84%
High-School Grad
44.1 sq mi
ZIP Area
14
Density / Sq Mi
$11,651
Median Household Income
$23,793
Median Earnings
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Live-work space - A linked residence and adobe rooms provide a flexible layout with open, high-ceilinged spaces.
Where is this live-work space located?
The property is located at 665 518 High Cleveland, NM.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: 1,887 square feet across a manufactured home, addition, and two‑room adobe structure; Frontage on paved NM Highway 518; Rio La Casa passes through one corner of the property
