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Updated Building in Downtown Location
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114 S Main Street, Roswell, NM 88203

Updated commercial building in high-traffic downtown area, suitable for investment.

Property SizeContact for details
Days on Market753

Property Features for 114 S Main Street

General Information

Standard status Active
Property subtype Mixed Use, Retail

Building Details

Year Built 1970
Listing Agency: Century 21 Home Planning Roswell
Listed By: Josh Lusk · License #50585
Source: Crexi
Added: Jul 18, 2024 Changed: Aug 8 Last Checked: Aug 8 at 11:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Home Planning Roswell

Investment Insights

Based on property information with market context.

This updated building is situated in a high-traffic downtown location. Currently occupied by "The Buckin' Chute Boutique", the property presents an investment opportunity with the potential for leaseback to the current tenants. The existing showroom could serve as a waiting area for multiple offices or be adapted for retail purposes such as a salon. The layout includes 4 individual office spaces, a kitchen, a bathroom, and a utility room. The property is zoned as Commercial 3 and offers additional parking space behind the building.

Key Highlights

  • High traffic downtown location
  • Commercial 3 zoning
  • Investment opportunity with potential tenant

Property Analytics

Current Use

Farmers Insurance - Marcia ... Insurance Agency The Buckin’ Chute Boutique Clothing & Fashion Store International UFO Museum ... Museum

Suggested Use

Top Pick Storage Facility Parking Lot & Garage Dental Office Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

120
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Conoco Shops & Services
4,018 visits/mo 0.3 miles

Demographics for 88203, NM

30,162
Population
12,089
Households
2.5
Avg Household Size
34
Median Age
11%
College-Educated
78%
High-School Grad
1,093.0 sq mi
ZIP Area
28
Density / Sq Mi
$42,067
Median Household Income
$30,538
Median Earnings
$776
Median Rent
$115,600
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Updated commercial building in high-traffic downtown area, suitable for investment.
Where is this retail space located?
The property is located at 114 S Main Street Roswell, NM.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: High traffic downtown location; Commercial 3 zoning; Investment opportunity with potential tenant
(575) 317-3232 Call to check price and availability
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