116 Pine St Deming, NM 88030
- Land
Current Use by Public Records
- Mariscos El Molcajete / Restaurant
Property Details for 116 Pine St
- Year built
- 1900
- Property type
- Land
Description
This exceptional 7,100 square foot commercial land parcel, located at 116 W. Pine St in Deming, New Mexico, presents a unique investment opportunity. Built in 1900, this property boasts a rich history, having served as a diverse range of businesses, from a bar and restaurant to a skating rink. Its prime downtown location offers unparalleled visibility and accessibility. The lot measures 50 feet by 142 feet and includes a 6,460 square foot building, complemented by a partial basement. The building itself features two restrooms and several separate rooms, including two exceptionally large, partitioned spaces. This versatile layout allows for a multitude of potential uses, catering to a wide range of commercial ventures. The asking price for this historically significant property is $199,000. With its central location, substantial building size, and flexible floor plan, this property is poised for significant return on investment. Don't miss this chance to own a piece of Deming's vibrant past and shape its future. The property is situated in Luna County, New Mexico, zip code 88030.
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
- Deming
- County
- Luna
- State
- New Mexico
- Longitude
- -107.759
- Latitude
- 32.2682
