418 Main St Artesia, NM 88210
- Retail properties
- 8,280 SF
Current Use by Public Records
- Retail properties
Property Details for 418 Main St
- Year built
- 1946
- Property size
- 8,280 SF
- Property type
- Retail properties
Description
This exceptional 8,280-square-foot retail property, located at 418 W Main St in Artesia, New Mexico, presents a unique investment opportunity. Formerly the LandSun Theater, this single-story building boasts a rich history, having served as a movie theater with two screens, balconies, and a complete concession stand. Built in 1946 and renovated in 1970, the exterior underwent a significant restoration around 2001, including the façade, neon sign, marquee, and concession booth. The property sits on an 8,400-square-foot lot and is zoned C, offering considerable flexibility for a variety of commercial uses. Its prime location on Main Street places it within Artesia's thriving MainStreet initiative, benefiting from high pedestrian traffic and ample street parking. The asking price is $290,000, translating to $35.02 per square foot. This property offers a blend of historical charm and modern potential, making it an ideal investment for discerning buyers seeking a unique and well-situated commercial space in the heart of Artesia, NM (zip code 88210). The property's Eddy County location provides easy access to local amenities and transportation routes.
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
- Artesia
- County
- Eddy
- State
- New Mexico
- Longitude
- -104.402
- Latitude
- 32.8426
