511 513 Roswell, NM 88201
- Commercial real estate
- 9,108 SF
- 1.12 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 511 513
- Year built
- 1955
- Lot size
- 1.12 lot acres
- Property size
- 9,108 SF
- Property type
- Commercial real estate
Description
This exceptional Roswell commercial property presents a rare investment opportunity. Located at 511 E 2nd Street, Unit 511, 513, this property boasts a substantial 9,108 square foot building situated on a 1.12-acre lot. Its prime corner location ensures high visibility and significant traffic exposure. The property includes additional land west of the main building, fully enclosed within a fence. A new roof was installed approximately in 2018 following hail damage. The seller requires a six-month leaseback at $2,000 per month to facilitate the dispersal of assets via auction. The asking price for this expansive property is $499,900. Note that this sale includes all exterior buildings. An adjacent property, located at 524/520 E 3rd St (MLS #20236247), is also available for purchase separately at $25,000. This additional property offers an impressive 21,976+ square feet, presenting the potential to create a massive corner lot with even greater traffic exposure. Zoning information should be verified with the city. This combined property offers significant potential for a wide range of commercial uses.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Roswell
- County
- Chaves
- State
- New Mexico
- Longitude
- -104.515
- Latitude
- 33.3946
