Prime Commercial Opportunity Near Canal Street – Carlsbad, NM

Prime Commercial Opportunity Near Canal Street – Carlsbad, NM

Positioned just one block off highly trafficked Canal Street and near the intersection of Lea Street, this 0.66-acre commercial property offers an excellent opportunity for investors, developers, or business owners seeking a strategic location in the heart of Carlsbad.

The property consists of three contiguous lots (701, 705, and N of 709 S Halagueno) totaling approximately 180 feet of frontage and 160 feet of depth, providing ample space for a variety of commercial uses. Located adjacent to Craft School and surrounded by established businesses, this site benefits from strong nearby traffic while offering easier access and flexibility than direct Canal frontage.

A 1,200± square foot residential structure is currently situated on the property and could be repurposed into a professional office, rental, or temporary business space, adding immediate utility and value.

Zoned for commercial use, this property is well-suited for:

          Professional or medical offices                                                                                                                                                                                                                                                                  Oilfield service                                                                                                                                                                                                                                                                                            Retail or service-based business                                                                                                                                                                                                                                                              Small business development or live/work conversion

With utilities nearby and a highly desirable in-town location, this is a rare opportunity to acquire multiple commercial lots with development potential in one of Carlsbad’s most active corridors.

Highlights:

• 0.66± acres (3 lots combined)

• 180’ frontage × 160’ depth

• Near Canal Street and Lea Street

• Existing 1,200± sq ft structure

• Strong visibility with convenient access

• Flexible commercial potential

Don’t miss this opportunity to secure a well-located commercial tract in a growing market.