114 Main St Roswell, NM 88203
- Retail space
Current Use by Public Records
- Farmers Insurance - Marcia Garcia / Insurance Agency / Auto Insurance Agency
- The Buckin’ Chute Boutique / Boutique
- International UFO Museum and Research Center and Gift Shop / Tourist Attraction / Museum
Property Details for 114 Main St
- Year built
- 1970
- Property type
- Retail space
- Property subtype
- Storefront properties
Description
This 4,950 sq ft commercial storefront at 114 S Main Street, Roswell, NM 88203, is offered at $199,000. Built in 1970, this property presents a compelling investment opportunity in a prime downtown location. Currently occupied by "The Buckin' Chute Boutique," the building offers flexibility for various uses. The existing layout includes four individual office spaces, a kitchen, a bathroom, and a utility room. The spacious showroom could easily function as a waiting area for the offices or be repurposed for retail, such as a salon. The property is zoned Commercial 3 and benefits from additional parking located behind the building. The high traffic volume of this downtown location makes it an ideal investment for both established businesses and new ventures. The existing tenant provides a stable income stream, making this a potentially lucrative investment opportunity. The land itself comprises 4,950 square feet, offering ample space for expansion or future development. This property is ready for immediate occupancy and offers a unique blend of established business and future potential.
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
- Roswell
- County
- Chaves
- State
- New Mexico
- Longitude
- -104.5230853
- Latitude
- 33.392526
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property Visit Statistics
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Visits by month3.6k
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Visitors by month2.8k
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Avg Time on site24 min