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    OFF-MARKET
    Commercial real estate

    405 Alameda St, Roswell, NM 88203

    2,795 SF
    Property ID
    US61-0358134
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents a chance to acquire a piece of Roswell, New Mexico history. Located at 405 W Alameda Street, this established flower shop, "House of Flowers," boasts a rich legacy dating back to the early 19th century, making it the city's oldest continuously operating florist. The asking price is $375,000 for the entire property, including the building, inventory, and a substantial 2,417 square foot greenhouse situated on a 9,900 square foot lot. The main building offers 2,795 square feet of retail space, perfectly suited for continuing the existing successful business model or adapting it to a new venture. The business enjoys a loyal customer base built over generations, serving a wide range of events, from weddings and funerals to corporate functions and everyday needs. Its reputation as Roswell's premier florist ensures a steady stream of income. This turn-key operation is ready for immediate ownership, offering a unique blend of historical significance and proven profitability. The property's prime location in Chaves County, New Mexico, zip code 88203, ensures high visibility and accessibility. This is a rare chance to own a thriving business with a strong brand identity and a significant piece of Roswell's heritage. The sale includes all existing inventory, providing a seamless transition for the new owner. Don't miss this opportunity to own a piece of Roswell's history and establish yourself in a thriving market.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 2,795 SF
    UPID US61-0358134
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • House of Flowers (Bike/Boat/Book/etc) Store Florist
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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