116 Pine St Deming, NM 88030
- Commercial real estate
- 6,460 SF
- 0.16 lot acres
Current Use by Public Records
- Mariscos El Molcajete / Restaurant
Property Details for 116 Pine St
- Year built
- 1900
- Lot size
- 0.16 lot acres
- Property size
- 6,460 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Deming
- County
- Luna
- State
- New Mexico
- Longitude
- -107.76
- Latitude
- 32.2682
