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    Las Cruces, NM Restaurants for Sale

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    Mesilla, NM La Mesa, NM Dona Ana, NM Mesquite, NM Vado, NM Radium Springs, NM Berino, NM Anthony, NM
    Historic Restaurant Property in Las Cruces
    Updated: Sep 5, 2024
    Historic Restaurant Property in Las Cruces

    118 N Mesquite St, Las Cruces, NM 88001

    $775,000
    3,234 sqft
    Prime location in the Mesquite Historic District and Arts & Cultural District, near Klein Park and other businesses, with easy access to major roadways.
    Fully equipped, state‑of‑the‑art commercial kitchen, bar, and walk‑in wine closet built in 2020 with dedicated cooling.
    Extensive outdoor patio and bar expansion (almost 1000 sq ft) with lighting, drainage, heaters, and cooling systems.
    Historically preserved property with original features (light fixtures, windows, stone) meticulously restored and upgraded with commercial‑grade electrical and lighting.
    Additional land area available for expansion of event space or dining areas, plus a residential apartment for creative use.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    118 N Mesquite St, Las Cruces, NM 88001

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    • Est. Cap Rate

      3.8%
      NOI ÷ price

    • Est. NOI

      $30K
      Annual

    • Price @ 7% Cap

      $423K
      Suggested

    • Property Type

      Parcels With Improvements, Use Not Specified
      Built 1960
    View Property Analytics
    Radium Springs Commercial Building Opportunity
    Updated: Feb 27, 2025
    Radium Springs Commercial Building Opportunity

    855 Tres Amigos Rd, Las Cruces, NM

    $269,000
    4,000 sqft 1.55 AC lot
    1.55‑acre lot adjacent to Leasburg Park.
    Versatile commercial building suitable for various business ventures.
    Located in the heart of Radium Springs.
    Designed to house a laundromat and restaurant.
    Unfinished interior allows for customization.
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Las Cruces, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    El Paso Commercial Real Estate
    El Paso Commercial Real Estate

    5200 DONIPHAN Drive, El Paso, TX 79932

    $1,600,000
    1,081 sqft 1.50 AC lot

    Prime commercial real estate with tenant in El Paso's upper valley.

    View details
    Turnkey Restaurant on Major Road
    Turnkey Restaurant on Major Road

    90 E Lisa Drive, Chaparral, NM 88081

    $299,000
    1.00 AC lot

    Fully operable restaurant with included trade fixtures on a major road and sizable lot in Chaparral, NM.

    View details
    Class A Multi-Tenant Investment Building
    Class A Multi-Tenant Investment Building

    7451 Paseo del Norte, El Paso, TX 79911

    $2,975,000
    9,000 sqft

    100% leased Class A multi-tenant building in El Paso, TX.

    View details
    Mixed-Use Retail and Restaurant Property
    Mixed-Use Retail and Restaurant Property

    825 & 833 S Main St., Anthony, TX 79821

    $800,000
    0.89 AC lot

    Two adjacent Main Street parcels include a paved parking lot and restaurant-ready space within multiple buildings.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Las Cruces Commercial Land
    Las Cruces Commercial Land

    3495 Bataan Memorial W, Las Cruces, NM 88012

    $925,000
    2.10 AC lot

    2.1 acres of commercial land in Las Cruces, NM.

    View details
    Land For Sale
    Land For Sale

    1520 S Valley Dr, Las Cruces, NM 88005

    Contact for pricing
    0.75 AC lot

    0.748 acre land available.

    View details
    Chaparral, NM Land Opportunity
    Chaparral, NM Land Opportunity

    785 Salsa Street, Chaparral, NM 88081

    $87,000
    2.39 AC lot

    2.39 acres in Chaparral, NM, versatile zoning, owner financing.

    View details
    Commercially Zoned Land in Chaparral
    Commercially Zoned Land in Chaparral

    412 McCombs Road, Chaparral, NM 88081

    $119,900
    0.70 AC lot

    Commercially zoned parcel in Chaparral's primary business corridor.

    View details

    Off-Market Properties in Las Cruces, NM

    Consider similar Off-Market properties in Las Cruces, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    195 Mesquite St
    RESTAURANT

    195 Mesquite St, Las Cruces, NM 88001-3550

    Value Estimation by Request
    1,971 sqft 0.45 AC lot
    View details
    754 Motel Blvd
    RESTAURANT

    754 Motel Blvd, Las Cruces, NM 88007-4117

    Value Estimation by Request
    5,748 sqft 0.98 AC lot
    View details
    1008 Solano Dr
    RESTAURANT

    1008 Solano Dr, Las Cruces, NM 88001-3850

    Value Estimation by Request
    3,062 sqft 0.66 AC lot
    View details
    930 El Paseo Rd
    RESTAURANT

    930 El Paseo Rd, Las Cruces, NM 88001-6032

    Value Estimation by Request
    3,938 sqft 0.75 AC lot
    View details
    605 Lohman Ave
    RESTAURANT

    605 Lohman Ave, Las Cruces, NM 88001-3374

    Value Estimation by Request
    3,476 sqft 0.32 AC lot
    View details
    1196 Picacho Ave
    RESTAURANT

    1196 Picacho Ave, Las Cruces, NM 88005-2230

    Value Estimation by Request
    2,238 sqft 0.32 AC lot
    View details
    4666 Sonoma Rnch Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD

    4666 Sonoma Rnch Blvd, Las Cruces, NM 88011-7167

    Value Estimation by Request
    2,868 sqft 0.93 AC lot
    View details
    1800 Solano Dr
    RESTAURANT

    1800 Solano Dr, Las Cruces, NM 88001-1856

    Value Estimation by Request
    2,670 sqft 0.23 AC lot
    View details
    3496 Bataan Memorial E
    DRIVE-THRU RESTAURANT, FAST FOOD

    3496 Bataan Memorial E, Las Cruces, NM 88011-6044

    Value Estimation by Request
    2,522 sqft 0.69 AC lot
    View details
    340 Main St
    RESTAURANT

    340 Main St, Las Cruces, NM 88001-1273

    Value Estimation by Request
    4,550 sqft 0.11 AC lot
    View details
    740 Main St
    RESTAURANT

    740 Main St, Las Cruces, NM 88001-1264

    Value Estimation by Request
    4,534 sqft 0.46 AC lot
    View details
    2601 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD

    2601 Main St, Las Cruces, NM 88001-1139

    Value Estimation by Request
    2,204 sqft 0.57 AC lot
    View details
    2200 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD

    2200 Main St, Las Cruces, NM 88001-1131

    Value Estimation by Request
    6,456 sqft 0.71 AC lot
    View details
    1605 Solano Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    1605 Solano Dr, Las Cruces, NM 88001-5406

    Value Estimation by Request
    1,670 sqft 0.19 AC lot
    View details
    519 Boutz Rd
    RESTAURANT

    519 Boutz Rd, Las Cruces, NM 88001-4333

    Value Estimation by Request
    3,033 sqft 1.42 AC lot
    View details
    1551 Amador Ave
    RESTAURANT

    1551 Amador Ave, Las Cruces, NM 88001-3169

    $600,000
    Estimated value
    7,166 sqft 0.66 AC lot
    View details
    2800 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD

    2800 Main St, Las Cruces, NM 88001-1132

    Value Estimation by Request
    1,816 sqft 0.51 AC lot
    View details
    760 Avenida De Mesilla
    DRIVE-THRU RESTAURANT, FAST FOOD

    760 Avenida De Mesilla, Las Cruces, NM 88005-6572

    Value Estimation by Request
    2,648 sqft 0.92 AC lot
    View details
    1701 El Paseo Rd
    RESTAURANT

    1701 El Paseo Rd, Las Cruces, NM 88001-6011

    Value Estimation by Request
    1,306 sqft 0.21 AC lot
    View details
    2190 Dona Ana Rd
    RESTAURANT

    2190 Dona Ana Rd, Las Cruces, NM 88007-7240

    Value Estimation by Request
    2,011 sqft 0.20 AC lot
    View details
    3550 Bataan Memorial E
    DRIVE-THRU RESTAURANT, FAST FOOD

    3550 Bataan Memorial E, Las Cruces, NM 88011

    Value Estimation by Request
    878 sqft 0.63 AC lot
    View details
    Las Cruces, NM 88001
    DRIVE-THRU RESTAURANT, FAST FOOD

    Las Cruces, NM 88001

    Value Estimation by Request
    878 sqft 0.97 AC lot
    View details

    Las Cruces, NM Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Las Cruces, NM on our real estate platform. These investment opportunities span a total of 7,234 square feet of properties for sale, with an estimated market value of $1,044,000.

    Sale prices for restaurant properties in Las Cruces, NM start at $269,000, averaging $522,000, and reaching up to $775,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2

    Demographics Overview

    Population 159K
    Population Growth (5Y) +10.5%
    Median Household Income $57,444
    College Educated 43.5%

    High-Yield Neighborhoods for Investment

    Identify Las Cruces submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    88001 $625K
    88011 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 3.37%
    Property Tax per SF $72.66 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Dona Ana County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Las Cruces fall within the 100,000+ square foot range.

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