116 Pine St Deming, NM 88030
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.
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Mariscos El Molcajete Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.