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Thirteen-Story Office Building
For Sale
$14,596,400

400 N Pennsylvania Ave, Roswell, NM 88201

Established office property with elevators, structured parking, fiber connectivity, and a mix of professional, medical, and GSA occupants.

Property Size182,455 SF
Lot Size2.99 Acres
Price / SF$80
Days on Market236

Property Features for 400 N Pennsylvania Ave

General Information

Standard status Active
Size 182,455 SF
Class Class A
Elevators Yes
Lot size 2.99 Acres
Property subtype Office

Amenities

high speed fiber internet
well manicured landscaping and grounds

Building Details

Buildings 1
Stories 13
Building Size 182,455 SF
Tenancy Multi
Listing Agency: Flanagan Investment Real Estate
Listed By: Cole Flanagan · License #48430
Source: Carnm.resimplifi
Added: Jan 6 Changed: Aug 28 Last Checked: Aug 29 at 6:03AM

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 Flanagan Investment Real Estate

Investment Insights

Based on property information with market context.

400 Penn Plaza is a 13-story office building containing approximately 182,455 SF on roughly 2.99 acres. The property occupies an entire city block and includes four high-speed elevators, a two-story parking garage, high-speed fiber internet, and maintained building systems. Interior and exterior finishes include travertine marble and Belgian glass.

The building is located at 400 N Pennsylvania Ave in Roswell, New Mexico, and serves a regional market described as extending throughout Southeastern New Mexico and beyond. The tenant roster includes professional office, medical, and GSA users, along with local and international companies. Additional site features include landscaped grounds and on-site property management.

Key Highlights

  • 13‑story office building with approximately 182,455 SF
  • ±2.99‑acre site occupying an entire city block
  • Four high‑speed elevators

Property Analytics

Current Use

Read & Stevens Inc Gas Company Mc Bride Oil ... Gas Company New Mexico Salt ... Waste Management Facility M+M Media Services Media Distribution

Suggested Use

Top Pick Storage Facility Parking Lot & Garage Food Market Dental Office (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,357
Businesses Nearby

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Established office property with elevators, structured parking, fiber connectivity, and a mix of professional, medical, and GSA occupants.
Where is this office building located?
The property is located at 400 N Pennsylvania Ave Roswell, NM.
What is the asking price?
The asking price for this property is $14,596,400.
What are key features of this property?
This property features: 13‑story office building with approximately 182,455 SF; ±2.99‑acre site occupying an entire city block; Four high‑speed elevators
More about this property
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