Professional Office Suite with Flex
For Sale
$420,000
205 W Broadway St, Hobbs, NM 88240
Commercial Sale, Hobbs, NM
Property Size3,503 SF
Price / SF$119.90
Days on Market293
Property Features for 205 W Broadway St
General Information
Property type
Commercial Sale
Property subtype
Other
Interior features
Overhead Door(s), Audio/Video Surveillance
Directions
Downtown Hobbs - Next to Downtown Mini-Mall and Casey's Restaurant
Subdivision
New Mexico Mls
Standard status
Active
APN
4000201026001
Size
3,503 SF
Taxes and HOA fees
Tax Description
Lot 3, Block 34 of Original Hobbs Sub-Division
Tax Annual Amount
4945
Legal Description
Lot 3, Block 34 of Original Hobbs Sub-Division
Utilities
Heating system
Forced Air
Amenities
centralized data cabinet with CAT-5 data cable
kitchenette
ADA equipped bathrooms
Building Details
Year built
1960
Flooring type
Wood
Building materials
Block - Cinder, Brick, Concrete, Crawlspace, Frame, Log, Masonry, Metal Frame, Siding, Slump Block, Fiberglass, Styrofoam, Clay Tile, Concrete Block, Mission Stone
Listing Agency:
Robinson & Associates Real Estate
(575) 392-0266
Listed By:
Robbie Robinson · License #18732
(575) 390-7073
Added: Nov 14, 2025
Changed: Sep 2
Last Checked: Sep 3 at 12:06PM
MLS# 20256497
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.
Investment Insights
Based on property information with market context.
This 3,503-square-foot office suite, built in 1960, combines a client reception area with nine dedicated offices and four additional rooms for records, equipment, or other support functions. A larger flexible area includes a kitchenette for staff gatherings, while two ADA-equipped bathrooms serve the suite. The reception area has a broad glass wall and entry door facing W Broadway St.
Centralized data equipment and CAT-5 cabling extend throughout the building. Interior features also include wood flooring, forced-air heating, overhead doors, and audio/video surveillance. The property is positioned near professional offices and retail uses, with Hobbs City Hall Complex a few blocks away and Casey's Restaurant located next door in Down Town Mini-Mall.
Centralized data equipment and CAT-5 cabling extend throughout the building. Interior features also include wood flooring, forced-air heating, overhead doors, and audio/video surveillance. The property is positioned near professional offices and retail uses, with Hobbs City Hall Complex a few blocks away and Casey's Restaurant located next door in Down Town Mini-Mall.
Key Highlights
- 3,503 square feet of office space
- Nine dedicated offices plus four additional support rooms
- Flexible gathering area with kitchenette
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
820
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Configured for professional operations with private offices, support rooms, meeting space, and client-facing reception.
Where is this office units 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 feet of office space; Nine dedicated offices plus four additional support rooms; Flexible gathering area with kitchenette
