Mixed-Use Building with Commercial
For Sale
$2,000,000
123 W Third St, Roswell, NM 88201
A 2020 renovation supports restaurant, office, and lodging configurations in Roswell’s downtown business district.
Property Size6,337 SF
Lot Size0.20 Acres
Price / SF$315.61
Days on Market48
Property Features for 123 W Third St
General Information
Standard status
Active
Size
6,337 SF
Lot size
0.20 Acres
Property subtype
Commercial
Restaurant
Patio
Yes
Equipment Included
Yes
Taxes and HOA fees
Annual Taxes
$1,610
Amenities
Audio/Video Surveillance
Fire Alarm
Fire Sprinkler System
Security System
Rain Gutters
Building Details
Year Built
1933
Year Renovated
2020
Buildings
1
Listing Agency:
Ranchline Taylor & Taylor Realtors
Listed By:
Lelynn T Taylor · License #20584
(575) 622-1490
Source:
Bigcountryrealty
Added: Sep 20
Changed: Oct 31
Last Checked: Nov 4 at 6:10AM
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 Ranchline Taylor & Taylor Realtors
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Investment Insights
Based on property information with market context.
The Carnegie Library is a mixed-use building with 4,457 square feet on the ground floor and a 1,180-square-foot basement. Renovated in 2020, it includes a commercial kitchen, a large dining room with two private dining areas, an outdoor patio, and three private bedrooms, each with its own bathroom. Hand-carved trim remains on the southwest exterior, alongside restored historical details and updated interior finishes.
The property is at 123 W Third St in Roswell’s downtown business district. The building was expanded in 1952 and occupies an 8,910-square-foot site. Its configuration supports restaurant, office, or lodging use, as well as creative or community-oriented spaces.
The property is at 123 W Third St in Roswell’s downtown business district. The building was expanded in 1952 and occupies an 8,910-square-foot site. Its configuration supports restaurant, office, or lodging use, as well as creative or community-oriented spaces.
Key Highlights
- 4,457‑square‑foot ground floor and 1,180‑square‑foot basement
- 8,910‑square‑foot site in Roswell’s downtown business district
- Renovated in 2020; building expanded in 1952
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,288
Businesses Nearby
100k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 85%
Shops & Services 8%
Electronics 3%
Hotels & Casinos 3%
McDonald's
Dining
47,655 visits/mo
0.3 miles
SONIC Drive In
Dining
18,221 visits/mo
0.4 miles
Buffalo Wild Wings
Dining
14,336 visits/mo
0.4 miles
Diamond Shamrock
Shops & Services
3,627 visits/mo
0.3 miles
Verizon
Electronics
2,847 visits/mo
0.1 miles
Demographics for 88201, NM
26,471
Population
11,738
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
87%
High-School Grad
2,643.3 sq mi
ZIP Area
10
Density / Sq Mi
$62,752
Median Household Income
$36,935
Median Earnings
$957
Median Rent
$202,600
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A 2020 renovation supports restaurant, office, and lodging configurations in Roswell’s downtown business district.
Where is this mixed-use property located?
The property is located at 123 W Third St Roswell, NM.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 4,457‑square‑foot ground floor and 1,180‑square‑foot basement; 8,910‑square‑foot site in Roswell’s downtown business district; Renovated in 2020; building expanded in 1952
