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    412 Main St Artesia, NM 88210

    For Sale
    $399,900

    Prime Downtown Artesia Investment Opportunity

    Property size:
    4,699 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional 4,699 square foot commercial building, located at 412 W Main Street in the heart of Artesia, New Mexico, presents a rare investment opportunity. Situated on a 0.13-acre lot, the property boasts a highly visible street-front location within a thriving downtown area. The building currently houses an established and successful massage therapy business, offering immediate income potential for the new owner. This turnkey operation provides a seamless transition for an investor looking for a profitable venture with minimal start-up costs. The building itself is well-maintained and ready for immediate occupancy. The existing business offers a strong foundation for continued growth and profitability, benefiting from its established clientele and prime location. This is a unique chance to acquire a property with both immediate income generation and significant long-term potential. The combination of a successful business and a strategically located commercial building makes this an attractive investment for those seeking a stable and rewarding return. The property's size and location offer flexibility for future expansion or adaptation to other commercial uses, should the new owner choose to do so. Serious inquiries are encouraged to explore this exceptional opportunity further. The asking price for this combined property and business is $399,900. Don't miss this chance to own a piece of thriving downtown Artesia.

    Property Features for 412 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,699 SF
    Lot Size
    5,663 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Artesia Family Wellness ... Massage Therapist Therapeutic Massage of Artesia Massage Therapist Bliss Nail Bar, ... Nail Salon Kože Esthetics Skin Care Clinic T & J Valve ... Professional Services

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Artesia
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.4017
    Latitude
    32.84251

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Downtown Artesia Investment Opportunity
    Where is this commercial real estate located?
    The property is located at 412 Main St Artesia, NM.
    What is the asking price?
    The asking price for this property is $399,900.
    (575) 748-7652
    Request Owner's contact information
    412 Main St Artesia, NM 88210
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    Artesia, NM 88210
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    412 Main St Artesia, NM 88210
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