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209 Main St Artesia, NM 88210

For Sale
$1,200,000

Historic Artesia B&B with Commercial Leases

Property size:
10,188 SF

Description

Added:
Feb 3, 2025
Days on Market:
312
This exceptional property at 209 W Main Street, Artesia, NM, presents a rare investment opportunity. The 10,188 square foot building sits on a 0.16-acre lot in the heart of downtown Artesia and boasts an eleven-room bed and breakfast, beautifully decorated with local history in mind. The inn includes a fully equipped kitchen, laundry facilities, inviting common areas, and a single ADA-compliant guest room, ensuring accessibility for all. Adding to its income potential are three versatile commercial spaces. One space is currently fully leased to Century 21, providing immediate rental income. A second, larger space offers an industrial-chic aesthetic with exposed brick walls, ideal for a variety of businesses requiring customization. A third, smaller office space is also available. Shared restrooms conveniently serve the commercial tenants. Further enhancing the property's appeal are a spacious garage for storage, and a charming balcony patio with additional exterior storage. Priced at $1,200,000, this property offers a unique blend of hospitality and commercial real estate, perfect for investors seeking a turnkey operation with significant income potential and a piece of Artesia's rich history. The prime location and diverse income streams make this a truly exceptional offering.

Property Features for 209 Main St

General Information

Property type
Other commercial real estate
Square Feet
10,188 SF
Lot Size
6,970 SF

Building Details

Year Built
1904

Property Profile Location Intelligence

Current Use by Public Records

Heritage Inn Hotel

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
-104.3992
Latitude
32.84191

FAQs

What type of property is this?
Commercial real estate - Historic Artesia B&B with Commercial Leases
Where is this commercial real estate located?
The property is located at 209 Main St Artesia, NM.
What is the asking price?
The asking price for this property is $1,200,000.
More about this property
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