116-120 Roselawn Ave Artesia, NM 88210
- Commercial real estate
- 3,280 SF
- 0.15 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 116-120 Roselawn Ave
- Lot size
- 0.15 lot acres
- Property size
- 3,280 SF
- Property type
- Commercial real estate
Description
This exceptional 3,280 square foot commercial property, situated on a 0.15-acre corner lot in the heart of downtown Artesia, NM, presents a compelling investment opportunity. Located directly across from Artesia's largest bank, this prime location ensures high visibility and accessibility. The building currently boasts 100% occupancy with all four units rented, generating immediate income. Each unit is equipped with its own private bathroom and individual HVAC system, offering tenants maximum comfort and convenience. Recent updates enhance the property's appeal and versatility, making it an attractive option for a diverse range of businesses. A dedicated private parking area is included, providing ample space for tenants and visitors. The property's strong rental history, desirable location, and modern amenities make it an ideal investment for those seeking a stable and profitable commercial venture. The building's versatile layout allows for flexibility in tenant occupancy, catering to a variety of business needs. This is a rare opportunity to acquire a fully occupied, income-producing commercial property in a thriving downtown area. The asking price is $305,000. Don't miss out on this exceptional investment opportunity.
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
- Artesia
- County
- Eddy
- State
- New Mexico
- Longitude
- -104.4
- Latitude
- 32.8413
