110 Broadway St Hobbs, NM 88240
- Land
Current Use by Public Records
- Fitness Hustlers Training Center / Gym
- Law Office of Ross Bettis / Criminal Justice Attorney / Law Firm
Property Details for 110 Broadway St
- Year built
- 1985
- Property type
- Land
Description
This exceptional 15,750 square foot commercial land parcel, located at 110 E Broadway Street in the heart of Downtown Hobbs, New Mexico, presents a unique investment opportunity. Built in 1985, the property offers a versatile canvas for a variety of commercial ventures. While currently featuring an existing structure with an open concept office, a custom-built walk-in humidor, three spacious suites each equipped with individual office spaces and conference rooms, a second-floor open concept area, and ample storage, the property's true potential lies in its adaptability. The existing building also includes a custom apartment living space, complete with two bedrooms, one bathroom, a large walk-in closet, an upstairs kitchen, and a living area. This presents an additional income stream or the possibility for owner-occupancy. Situated in Lea County, with a zip code of 88240, this property boasts a highly visible location in a thriving downtown area, offering excellent accessibility and exposure. The expansive lot size provides ample space for expansion, redevelopment, or the construction of a new commercial building entirely tailored to your specific needs. This property is a rare find and represents a significant opportunity for investors and entrepreneurs alike.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hobbs
- County
- Lea
- State
- New Mexico
- Longitude
- -103.136
- Latitude
- 32.7011