112 Taylor St Hobbs, NM 88240
- Retail properties
Current Use by Public Records
- Dryland Drones / Photography Service / (Bike/Boat/Book/etc) Store
- ReLoved / Discount Store
Property Details for 112 Taylor St
- Property type
- Retail properties
Description
This exceptional commercial property, located at 112 E Taylor Street in the heart of downtown Hobbs, New Mexico, presents a lucrative investment opportunity. The property is comprised of two separate retail spaces, both currently under lease, generating immediate income potential for the new owner. The exact square footage of each unit is not currently available, however, the combined property is offered at a compelling price of $250,000. This represents a strong entry point into the thriving Hobbs commercial market. The property sits on a lot with no acreage specified. Its central downtown location provides excellent visibility and accessibility, ensuring high foot traffic and potential for strong tenant occupancy. Given the current leased status of both spaces, this property offers a stable and potentially appreciating asset for investors seeking a hands-off approach to commercial real estate ownership. Further details regarding lease terms and financial performance are available upon request. This is a rare opportunity to acquire a well-situated, income-producing retail property in a dynamic New Mexico market. Serious inquiries are encouraged to schedule a private viewing and explore this promising investment further. Don't miss out on this chance to secure a piece of downtown Hobbs.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hobbs
- County
- Lea
- State
- New Mexico
- Longitude
- -103.135
- Latitude
- 32.7021