Roswell Icon: Convertible Office
200 W 1st St, Roswell, NM
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Eight-story office building with development potential in downtown Roswell.
Type:OFFICE
Property size:
71,526 SFLot size:
0.68 AcresPrice / SF:
$20/SF- Added:
- May 22, 2025
- Days on Market:
- 367
- Last Refresh:
- Apr 5 at 9:44 pm
Property Features for 200 W 1st St
General Information
- Standard status
- Active
- Size
- 71,526 SF
- Lot size
- 0.68 Acres
- Property subtype
- OFFICE
Listing agent Jeffrey Rose License #18774 (505) 205-4175
Listing office eXp Realty (505) 205-4175
Listing date May 22, 2025
Source Moodyscre
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 eXp Realty
HighLights
- Iconic Landmark Building: Historic building in the heart of downtown Roswell, offering a unique and recognizable presence.
- High Development Potential: Includes four empty downtown lots for additional development opportunities.
- Significant Convertible Space: Over 60,000 sq ft across 8 floors, suitable for various uses.
- Excellent Structural Condition: Building structure is in excellent shape with a relatively new roof.
- Unobstructed Views: Offers panoramic views from upper floors due to its height.
- Flexible Interior Layout: Columnar construction allows for diverse interior designs.
Overview
This eight-story building, currently used as an office building, is located in the heart of downtown Roswell, just a block from the UFO Museum. As the town's first tall building, it has been a part of the community for almost 75 years. The building, the third highest in town, offers unobstructed views from the upper floors. The building structure is in excellent condition, and the roof is only 10 years old. The columnar construction allows for flexible interior layouts, including open plans. The building contains over 60,000 square feet of convertible space and significant basement space suitable for mechanicals, tenant storage, or further development. Conversion to short and long-term residences, hotel units, health and wellness studios, restaurants, and entertainment venues are all possible. The property includes four empty downtown lots available for development. Three contiguous lots across Richardson Street and a large lot adjacent to the south side of the building offer opportunities for solar-covered parking structures, a building annex, a pool, a children's play area, a garden patio, additional buildings, parking structures, extended solar generation capacity, or an entertainment venue.
Property Profile
Location Intelligence
Current Use by Public Records
Bare Elegance
Hair Salon
Martinez Ernesto B
Law Firm
Ink Plus, Inc.
Computer & Electronic Repair
Lynn B. Daugherty, ...
Physician
Susan L. Voigt, ...
Counselor
Location Insight
- Map
- Local Demand
- City
- Roswell
- County
- Chaves
- State
- New Mexico
- Longitude
- -104.524
- Latitude
- 33.3931
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Eight-story office building with development potential in downtown Roswell.
Where is this office building located?
The property is located at 200 W 1st St Roswell, NM.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Iconic Landmark Building: Historic building in the heart of downtown Roswell, offering a unique and recognizable presence.; High Development Potential: Includes four empty downtown lots for additional development opportunities.; Significant Convertible Space: Over 60,000 sq ft across 8 floors, suitable for various uses.
