$305,000
( )
 $1,637 est/mo Sourced by Back At You

138 Paradise Canyon Drive,Ruidoso, NM 88345

Ruidoso, NM 88345

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Description

Excellent investment property opportunity. Finish to suit Triplex, possible 4 unit residential rental and/or commercial on one of the very few commercial (C1) zoned properties on Paradise Canyon in Ruidoso, NM near the Rio Ruidoso. Owner has begun remodeling construction on the 3 units. One unit is a studio casita near completion. The other is a two level. Upstairs and downstairs units are separate with one bedroom and bath. There is another unit requiring remodel and another multi use storage building. Current units are separately metered for electric. Separate gas meters. Single water-sewer meter. Ample parking. property is not flood damaged according to seller. Buyer to independently verify all documents, floodway , zoning, building code.

Details

MLS #2601261
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site139
Listing Provided ByRE/MAX Classic Realty | Eugene A Heathman

Features

Story(s)2
Units3
Acreage0.95

Area Information

StateNM
CountyLincoln
CityRuidoso
Zip Code88345
AreaLincoln
Subarea844 Ruidoso
Community NamePalmer Gateway
Listing VS Median (in Palmer Gateway)
Price:
$305,000
low | high
Med:
$0
On site:
139
low | high
Med:
Sourced by Back At You

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Learn More About This Property

StateNM
CountyLincoln
CityRuidoso
Zip Code88345
AreaLincoln
Subarea844 Ruidoso
Community NamePalmer Gateway
Listing VS Median (in Palmer Gateway)
Price:
$305,000
low | high
Med:
$0
On site:
139
low | high
Med:
Sourced by Back At You
Listing Updated: May 25, 2026 at 3:01:05 PM PDT