Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    418 W Main St Artesia, NM 88210

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $290,000

    Former movie theater with concession stand in prime location.

    Property size:
    8,280 SF
    Lot size:
    0.19 Acres

    Property Features for 418 W Main St

    General Information

    Size
    8,280 SF
    Lot size
    0.19 Acres

    Source: Colliers | Albuquerque Agent Tom Jones

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Theater in Artesia

    This property is the former LandSun Theater, a movie theater with two screens, balconies, and a full concession stand. Constructed in 1946 and remodeled in the 1970s, it is located on Main Street in Artesia, within the MainStreet initiative area. The facade, neon sign, marque, and booth were restored around 2001. Ample street parking is available in the pedestrian-friendly environment. The property has a size of 8,280 square feet.
    Location Intelligence

    Current Use by Public Records

    Theaters & concert halls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Artesia
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.4018086
    Latitude
    32.8422957

    Nearby Similar for Sale

    • $1,500,000
      11,248 SF

      Artesia Warehouse with Highway Access

      Large warehouse with multiple rooms and highway access in Artesia.
      2616 W Main St, Artesia, NM 88210
      View Details
    • $375,000
      2,688 SF

      Artesia NM Multi-Unit Property

      Four 1-bedroom units with ample parking and long-term tenants.
      307 N 14Th St, Artesia, NM 88210
      View Details
    • $299,000
      3,159 SF

      Artesia Multifamily Investment Opportunity

      Four-unit multifamily property in Artesia, NM with strong income potential.
      1509 W Hank Ave, Artesia, NM 88210
      View Details
    • New
      $244,000
      3,159 SF

      Artesia Multifamily Investment Opportunity

      Four-unit multifamily property in Artesia, NM with long-term value.
      1403 W Hank Ave, Artesia, NM 88210
      View Details
    • $350,000
      4,044 SF

      Established Meat Packing Company

      Meat packing facility with equipment in Artesia, New Mexico.
      704 W Richey Ave, Artesia, NM 88210
      View Details
    • $289,000
      3,159 SF

      Artesia Multifamily Investment Opportunity

      Four-unit property with recent upgrades in a steady rental market.
      1505 W Hank Ave, Artesia, NM 88210
      View Details

    FAQs

    What type of property is this?
    Theater & concert hall - Former movie theater with concession stand in prime location.
    Where is this theater & concert hall located?
    The property is located at 418 W Main St Artesia, NM.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: - Prime Main St location in heart of Artesia’s successful MainStreet initiative; - Former movie theater with two screens, balconies and full concession stand; - Ample street parking available in a very pedestrian friendly environment
    (505) 259-4935
    Request Owner's contact information
    418 W Main St Artesia, NM 88210
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    418 W Main St
    Artesia, NM 88210
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    418 W Main St Artesia, NM 88210
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.