412 Main St Artesia, NM 88210
This exceptional 4,699 square foot commercial building, located at 412 W Main Street in the heart of Artesia, New Mexico, presents a rare investment opportunity. Situated on a 0.13-acre lot, the property boasts a highly visible street-front location within a thriving downtown area. The building currently houses an established and successful massage therapy business, offering immediate income potential for the new owner. This turnkey operation provides a seamless transition for an investor looking for a profitable venture with minimal start-up costs. The building itself is well-maintained and ready for immediate occupancy. The existing business offers a strong foundation for continued growth and profitability, benefiting from its established clientele and prime location. This is a unique chance to acquire a property with both immediate income generation and significant long-term potential. The combination of a successful business and a strategically located commercial building makes this an attractive investment for those seeking a stable and rewarding return. The property's size and location offer flexibility for future expansion or adaptation to other commercial uses, should the new owner choose to do so. Serious inquiries are encouraged to explore this exceptional opportunity further. The asking price for this combined property and business is $399,900. Don't miss this chance to own a piece of thriving downtown Artesia.
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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
Similar Nearby for Lease
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.