Multi-Suite Coworking
New
For Sale
$1,100,000
203 Main St W, Farmington, NM 87401
Commercial Sale, Farmington, NM
Property Size18,300 SF
Lot Size0.22 Acres
Price / SF$60.11
Days on Market3
Property Features for 203 Main St W
General Information
Property type
Commercial Sale
Property subtype
Office
Directions
On Main St & Allen in Downtown
Standard status
Active
APN
2076171128340
Lot size
0.22 Acres
Tenancy & Operations
Currently Operating
Yes
Business Included
Yes
Additional Details
Property Use
Office
Taxes and HOA fees
Tax Description
A TRACT IN SE NE 162913 W 75 FT OF POND TR ON MAIN ST. TR-1 FT 7 IN X 125 FT 9 IN ON E SIDE OF LOT 1 7 OF LOCKES ADD BK.
Tax Annual Amount
9975
Legal Description
A TRACT IN SE NE 162913 W 75 FT OF POND TR ON MAIN ST. TR-1 FT 7 IN X 125 FT 9 IN ON E SIDE OF LOT 1 7 OF LOCKES ADD BK.
Utilities
Heating system
Forced Air, Natural Gas
Amenities
skylights
indoor tree
decorative waterfalls
art display systems
app-controlled keyless entry
Building Details
Year built
1940
Roof type
Flat
Buildings
1
Listing Agency:
Exp Realty, LLC
(505) 554-3873
Listed By:
Allen Elmore · License #53691
(505) 686-3831
Added: Oct 28
Changed: Oct 30
Last Checked: Oct 30 at 5:06AM
MLS# 26002040
Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 18,300-square-foot coworking property occupies a 0.22-acre site and includes the operating business, furniture, and equipment, excluding tenant-owned items and artwork. The 9,300-square-foot main level has a reception area, multiple private and divided offices, conference rooms, and a kitchen. A separately accessed west wing adds seven private offices and two smaller meeting rooms. More than 2,850 square feet of additional space includes unfinished areas, while over 2,300 square feet is finished gathering space and more than 2,800 square feet is unfinished storage and mechanical area.
Six display windows and two double-door entrances face Main Street. The building also has a rear entrance, a separate freight entrance, alley access, three stairways, and a freight elevator. Interior features include skylights, an indoor tree in the common area, app-controlled keyless entry, and six air-conditioning units, four of which are nearly new. The building was constructed in 1940.
Six display windows and two double-door entrances face Main Street. The building also has a rear entrance, a separate freight entrance, alley access, three stairways, and a freight elevator. Interior features include skylights, an indoor tree in the common area, app-controlled keyless entry, and six air-conditioning units, four of which are nearly new. The building was constructed in 1940.
Key Highlights
- 18,300‑square‑foot building on a 0.22‑acre site
- Sale includes the operating coworking business, furniture, and equipment; tenant‑owned items and artwork are excluded
- 9,300‑square‑foot main floor with offices, reception, kitchen, and conference rooms
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,278
Businesses Nearby
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Business Placement
Demographics for 87401, NM
44,724
Population
17,611
Households
2.5
Avg Household Size
34
Median Age
19%
College-Educated
88%
High-School Grad
132.8 sq mi
ZIP Area
337
Density / Sq Mi
$56,358
Median Household Income
$31,362
Median Earnings
$983
Median Rent
$202,400
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Coworking space - The sale includes the operating coworking business, furniture, and equipment, alongside private offices and shared conference areas.
Where is this coworking space located?
The property is located at 203 Main St W Farmington, NM.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 18,300‑square‑foot building on a 0.22‑acre site; Sale includes the operating coworking business, furniture, and equipment; tenant‑owned items and artwork are excluded; 9,300‑square‑foot main floor with offices, reception, kitchen, and conference rooms
