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Property profile & analytics
OFF-MARKET
Commercial real estate

116 Pine St Deming, NM 88030

6,460 SF 0.16 ac lot Built 1900
Property ID
Property summary
AI-generated overview

This exceptional 6,460 square foot commercial building presents a rare opportunity to own a piece of Deming's history. Constructed in 1900, this versatile property boasts a rich past, having served as a bar, restaurant, and even a skating rink. Its prime downtown location offers unparalleled visibility and accessibility. Situated on a generous 0.16-acre lot (50' x 142'), the building features a substantial footprint, including a partial basement. The interior layout is flexible and adaptable, comprising several separate rooms, two very large rooms, and two restrooms. The building's substantial size and diverse room configuration offer a multitude of potential uses, making it ideal for a variety of commercial ventures. Imagine the possibilities – from retail and hospitality to office space or creative studios. The building's character and location provide a unique opportunity for an entrepreneur or investor seeking a high-impact property in a vibrant downtown setting. The asking price of $199,000 represents a compelling investment in a piece of Deming's heritage and a promising future. This is a chance to acquire a significant commercial property with immense potential in a thriving New Mexico community. Don't miss this chance to own a piece of Deming's legacy.

Property profile
Verified
Property type Commercial real estate
Year built 1900
Total area 6,460 SF
Lot 0.16 ac (6,970 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mariscos El Molcajete Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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