98
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$1,250,000
Est. payment /mo
8,322 SqFt
Price Dropped by $150K
102 Mexican Ave Cloudcroft, NM 88317
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Key Details
Property Type Commercial
Sub Type APT/MULTI-FAMILY
Listing Status Active
Purchase Type For Sale
Square Footage 8,322 sqft
Price per Sqft $150
MLS Listing ID 170585
Year Built 1997
Lot Size 0.265 Acres
Property Sub-Type APT/MULTI-FAMILY
Property Description
Introducing Osha Trail Lodging – A Turnkey Mixed-Use Investment Opportunity in the Heart of Cloudcroft, New Mexico Located just steps from the shops, restaurants, and attractions of historic Burro Street, Osha Trail Lodging offers investors a rare opportunity to own a fully renovated, income-producing mixed-use property in one of southern New Mexico's most desirable mountain destinations. Cloudcroft continues to attract visitors year-round with its cool climate, hiking, mountain biking, skiing, hunting, and vibrant downtown atmosphere. The 8,322-square-foot property underwent extensive renovations between 2021 and early 2024, blending modern amenities with the charm expected of a mountain lodge. Six Nightly Rental Suites Designed to accommodate a variety of travelers: Unit 1 – 2 Bedroom / 2 Bathroom Unit 2 – 1 Bedroom / 1 Bathroom Unit 3 – Two-Story, 2 Bedroom / 2 Bathroom Unit 4 – 1 Bedroom / 2 Bathroom (ADA compliant) Unit 5 – 2 Bedroom / 2 Bathroom Unit 6 – 1 Bedroom / 1.5 Bathroom Guests also enjoy a shared laundry facility, with a separate dedicated laundry area for housekeeping operations. • Retail Space: Available for lease, offering an additional income stream. • 6 Storage Units: Generate further revenue through flexible leasing options. • Large Finished & Heated Garage: Enhances functionality and adds value. • Shared laundry area for guests and a separate laundry for housekeeping use. Leased Retail Space The retail space is currently leased, providing dependable rental income and enhancing the property's diversified revenue stream. Leased Market/Grocery Space The former heated garage has been professionally converted into a market/grocery space and is currently leased, creating an additional long-term income source while serving both visitors and the local community. Storage Units Six storage units provide supplemental income potential, with three units currently leased and additional upside available through leasing the remaining units. Investment Highlights Multiple established income streams Renovated throughout (2021–early 2024) Prime walkable downtown Cloudcroft location Diverse revenue mix from nightly lodging, commercial tenants, and storage rentals Opportunity for future income growth through remaining vacant storage units. Whether you're expanding an investment portfolio, pursuing the hospitality industry, or seeking a unique mountain commercial property with both short-term and long-term income.
Location
State NM
Area Cloudcroft
Zoning MULTI-FAMILY,COMMERCIAL
Exterior
Exterior Feature WOOD SIDING
Utilities Available PUBLIC SEWER, PUBLIC ELECTRIC, PUBLIC WATER, PUBLIC ELECTRIC, OCEC
Others
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Listed by Future Real Estate
Nearby Locations
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