405 Alameda St, Roswell, NM 88203
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.
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House of Flowers (Bike/Boat/Book/etc) Store Florist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.