A one-story building in Las Cruces that is the home to a thriving International House of Pancakes restaurant is on the market with an asking price of just under $1.9 million.
Located on the north side of the city at 2900 N. Telshor Boulevard, the structure measures nearly 5,300 square feet and was built in 1994.
Designated as a Class B structure, the building sits on a one-acre site, and includes kitchen, seating, and office space.
Launched as a chain in 1958, the International House of Pancakes restaurants (otherwise known as IHOP), typically range in size from 1,600 to just under 5,000 square feet.
The company saw a rapid expansion almost from the start, building and opening five hundred locations in the next three decades, and shortly enjoying annual revenue of more than $1 billion.
As of 2023, the company had more than 1,800 restaurants and annual revenue above $3.5 billion, although overall sales nationally, according to the data firm Black Box Intelligence, were off by about 1.1%.
The Las Cruces listing is being offered by the realtor Avison Young, which is based in Los Angeles.
March 4, 2025
By Garry Boulard
Vintage ad for International House of Pancakes
