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Property profile & analytics

220 Main St Lovington, NM 88260

  • Commercial real estate
  • 1,500 SF
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 220 Main St

Year built
1954
Property size
1,500 SF
Property type
Commercial real estate

Description

This exceptional 1,500 square foot commercial office building is perfectly situated in the heart of Lovington, NM, on South Main Street. Completely remodeled and move-in ready, this property presents a fantastic opportunity for a business seeking a prime downtown location. The building boasts five spacious rooms and two bathrooms, providing ample space for various office configurations. The thoughtful renovation ensures a modern and efficient workspace. A significant advantage is the ample parking available, a rare find in a bustling downtown area. The property's strategic location on Main Street offers excellent visibility and accessibility, ensuring high foot traffic and easy customer access. The building sits on four lots, providing significant potential for future expansion or additional parking. This turnkey solution eliminates the need for extensive renovations, allowing businesses to focus on operations from day one. The asking price of $280,000 represents exceptional value for a fully remodeled, downtown commercial property in a thriving New Mexico community. This is a rare opportunity to acquire a well-maintained, highly desirable commercial space in a prime location. Don't miss out on this chance to establish your business in the heart of Lovington.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Lovington
County
Lea
State
New Mexico
Longitude
-103.349
Latitude
32.9464
More about this property
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