Multi-Office Commercial
For Sale
$420,000
205 W Broadway St, Hobbs, NM 88240
Nine work rooms accompany four ancillary rooms and a shared flex area with a kitchenette.
Property Size3,503 SF
Price / SF$119.90
Days on Market10
Property Features for 205 W Broadway St
General Information
Standard status
Active
Size
3,503 SF
Additional Details
Road Access
Yes
Office Units
1
Property Use
Office
Taxes and HOA fees
Annual Taxes
$4,945
Amenities
CAT-5 data cable
kitchenette
Wood
Yes
No
Overhead Door(s), Audio/Video Surveillance
Building Details
Building Size
3,503 SF
Year Built
1960
Listing Agency:
Robinson & Associates Real Estate
(575) 254-2925
Listed By:
Virginia McAlister
Source:
Enchantedlands
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 4:13PM
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 Robinson & Associates Real Estate
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Investment Insights
Based on property information with market context.
This 3,503-square-foot office suite, built in 1960, includes a reception area behind a large glass wall and door, nine separate offices, and four additional rooms suited to file storage or copier equipment. A flexible gathering area includes a kitchenette. The suite also has two ADA-equipped bathrooms and a centralized data cabinet with CAT-5 cabling throughout.
The property is on W Broadway Street in Hobbs, among professional offices and retail businesses. Hobbs City Hall Complex is a few blocks away, and Casey’s Restaurant is next door in the Downtown Mini-Mall.
The property is on W Broadway Street in Hobbs, among professional offices and retail businesses. Hobbs City Hall Complex is a few blocks away, and Casey’s Restaurant is next door in the Downtown Mini-Mall.
Key Highlights
- 3,503‑square‑foot office suite
- Nine separate offices and four additional rooms
- Flexible gathering area with kitchenette
Property Analytics
Who owns this building?
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Current Use
Lease Details
1
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
848
Businesses Nearby
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Business Placement
Demographics for 88240, NM
42,386
Population
16,490
Households
2.6
Avg Household Size
31
Median Age
17%
College-Educated
76%
High-School Grad
600.2 sq mi
ZIP Area
71
Density / Sq Mi
$65,394
Median Household Income
$37,178
Median Earnings
$1,124
Median Rent
$177,200
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Nine work rooms accompany four ancillary rooms and a shared flex area with a kitchenette.
Where is this office unit located?
The property is located at 205 W Broadway St Hobbs, NM.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 3,503‑square‑foot office suite; Nine separate offices and four additional rooms; Flexible gathering area with kitchenette
