Multi-functional Commercial Property with Residential Units in Ruidoso, NM

View Original Listing

Financial Details

Asking Price:
$2,500,000
Profit Metric:
NOI
Location:
Ruidoso, NM, US
Source:
Date:
September 15, 2025

Key Highlights

Rare multi-functional property combining commercial and residential spaces.
Versatile layout suitable for various income-generating ventures like retail, B&B, or event venue.
Prime location in Ruidoso, NM with significant building square footage and parking.

Description

This listing presents a unique opportunity to acquire a versatile commercial property in Ruidoso, New Mexico, offering significant potential for various income-generating ventures. The property features a substantial main building of approximately 6,000 sq. ft, designed with a spacious retail area, two offices, a handicap-accessible bathroom, and a kitchenette. Complementing the commercial space, there is an attached residential unit of about 1,800 sq. ft, comprising 3 bedrooms, 2 bathrooms, a full kitchen, living room with a fireplace, and a private yard, ideal for owner occupancy or rental income. Additionally, a separate 1,200 sq. ft home with 2 bedrooms and 1 bathroom is included, offering further residential or rental possibilities. A new storage shed (2023) and a large asphalt gated parking lot enhance the property's utility. With its commercial zoning and flexible layout, this property is perfectly suited for businesses such as a boutique, spa, bed & breakfast, event venue, or a beer & wine garden. The 'Pear Lee Boutique' business and its inventory are available for separate purchase. This is a rare chance to own a multi-functional asset in a desirable location.

Industry Information

Industry Description:
Retail property with mixed-use potential including residential units.
Classification:
Retail

Real Estate & Lease

Status:
Included
Real Estate Price:
$2,500,000 USD

Broker Contact

Name:
Kaitlin Brophy
Phone:
575-937-8156

Listing Details

Listing ID:
9cbab50e-79f0-46bb-ae55-cbeb5823e9e0
Source Listing ID:
2376097
Deal Status:
For Sale
Last Updated:
September 15, 2025
Currency:
USD