Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    208 Broadway St Silver City, NM 88061

    Sponsored
    For Sale
    $599,000

    Iconic 14,459 SF building, prime downtown location.

    Property size:
    14,459 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional commercial property, located at 208 W Broadway St in Silver City, New Mexico, presents a unique investment opportunity. The historic Bell Block, constructed in 1897, offers approximately 14,459 square feet of space, currently priced at $44.89 per square foot. The building features four ground-floor storefronts, each complemented by equally spacious second-floor areas. These upper-level spaces are adaptable and could serve as additional office space or be converted into residential suites. The Bell Block retains its original charm, showcasing ornate woodwork, a decorative stamped metal façade, pressed tin ceilings, and beautiful wood and tile floors. Situated in the Commercial Historic District, next to the historic Murray Hotel, this property benefits from a prime downtown location. Currently generating rental income, the building has two vacant units ready for new tenants. This is a rare chance to acquire a piece of Silver City's architectural heritage and capitalize on its significant potential. The property is zoned for commercial use within the historic district and offers a compelling blend of history, character, and income-generating potential. The building's size and layout provide flexibility for a variety of uses, making it an attractive investment for both seasoned and new commercial property owners. The asking price for this remarkable property is $599,000. The zip code is 88061.

    Property Features for 208 Broadway St

    General Information

    Property type
    Retail properties
    Square Feet
    14,459 SF

    HighLights

    • $599,000 asking price.
    • 14,459 square foot retail building.
    • $44.89 price per square foot.
    • Located at 208 W Broadway St, Silver City, NM 88061.
    • Commercial Historic District zoning.
    • Historic building constructed in 1897.
    Property Profile Location Intelligence

    Current Use by Public Records

    Twin Sisters Cycling ... Bicycle Shop Texas-New Mexico Newspapers ... Advertising Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Silver City
    County
    Grant
    State
    New Mexico
    Longitude
    -108.2775971
    Latitude
    32.7700526

    Nearby Similar for Sale

    • $989,000
      0.27 Acres

      Historic Silver City Residence

      Restored 1883 residence in Silver City's Historic District.
      411 West Broadway St, Silver City, NM 88061
      View Details
    • $499,000
      14,459 SF

      Historic Bell Block in Silver City

      Iconic 1897 building with storefronts and office/residential potential.
      208-214 W Broadway St, Silver City, NM 88061
      View Details
    • $475,000
      1,800 SF

      Historic Downtown Turnkey Commercial Property

      Turnkey commercial property in historic downtown Silver City, New Mexico.
      304 N Bullard St, Silver City, NM 88061
      View Details
    • New
      $269,000
      2,044 SF

      Well-Maintained Duplex on Large Lot

      Duplex with expansion potential in Silver City, New Mexico.
      4460/4470 Little Walnut Rd, Silver City, NM 88061
      View Details
    • $265,000
      Pending

      Southwest-Style Duplex in Silver City

      Duplex with modern finishes in desirable university district.
      406 W 13Th St, Silver City, NM 88061
      View Details
    • $1,200,000
      15,515 SF

      Historic Commercial Complex in Silver City

      Unique commercial complex near downtown and WNMU, Silver City, NM
      301 W College Ave, Silver City, NM 88061
      View Details
    • $365,000
      7,100 SF

      Historic Downtown Silver City Showroom

      Unique 7,000+ SF historic property in Silver City's downtown.
      107 N Bullard St, Silver City, NM 88061
      View Details
    • $599,000
      4,085 SF

      Historic Downtown Retail Investment Opportunity

      Retail property in Silver City's historic downtown art district.
      211 N Texas St, Silver City, NM 88061
      View Details
    • $3,810,510
      16,000 SF

      Medical Clinic in Silver City

      Commercial building functioning as a medical clinic in Silver City.
      1600 32Nd Street Byp, Silver City, NM 88061
      View Details
    • $265,000
      3,469 SF

      Versatile Commercial Building in Silver City

      Spacious commercial building with potential for residential conversion.
      2540 N Silver St, Silver City, NM 88061
      View Details
    • $1,151,766
      3,900 SF

      Medical Clinic on Highway 180

      Commercial building functioning as a medical clinic in Silver City.
      1380 Highway 180 E, Silver City, NM 88061
      View Details
    • $550,000
      4,394 SF

      Silver City Commercial Investment Property

      Leased commercial building in Silver City, New Mexico.
      1620 Pine St, Silver City, NM 88061
      View Details

    FAQs

    What type of property is this?
    Retail property - Iconic 14,459 SF building, prime downtown location.
    Where is this retail property located?
    The property is located at 208 Broadway St Silver City, NM.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: $599,000 asking price.; 14,459 square foot retail building.; $44.89 price per square foot.
    Request Owner's contact information
    208 Broadway St Silver City, NM 88061
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    208 Broadway St
    Silver City, NM 88061
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    208 Broadway St Silver City, NM 88061
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.