702 Main St Artesia, NM 88210
This exceptional commercial property, located at 702 W Main Street in Artesia, New Mexico, presents a unique investment opportunity. The 2,520 square foot building sits on a 0.32-acre lot and offers significant flexibility for a variety of business uses. The property is divided into two distinct sections, each with its own advantages. The front portion, boasting prominent storefront windows facing Main Street, comprises up to six private offices and two bathrooms, ideal for client interaction and a professional atmosphere. This section benefits from high visibility and excellent street access. The rear section provides additional privacy with two separate entrances and includes up to three private offices and one bathroom. This layout offers the potential for separate tenancies or internal expansion depending on business needs. The building's versatile design allows for customization to suit a range of professional services, retail operations, or other commercial ventures. The asking price for this well-located and adaptable commercial space is $365,000. This represents a compelling opportunity to acquire a substantial property in a thriving Artesia business district. The property's size and layout offer significant potential for growth and return on investment.
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Brannan Financial Group Church Mosque
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
Similar Nearby for Sale
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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.