Current Use by Public Records
- Office Spaces
Property Details for 103 Pennslyvania
- Year built
- 1970
- Property type
- Office Spaces
- Property subtype
- Land
Description
This exceptional commercial property in Roswell, New Mexico, presents a unique investment opportunity. Located at 103 & 101 N Pennsylvania, this offering encompasses two buildings situated on a sizable 9,353 square foot lot. Building 101, approximately 1025 square feet, features three large rooms, two half-baths with toilet and sink, and three exterior doors providing convenient street access. Recent upgrades include a new HVAC system (2022), upgraded wiring (2023), and a roof replacement (2018). Building 103, boasting approximately 1419 square feet, underwent a complete renovation in 2021. This renovation included a new metal roof, raised ceilings with wood paneling, fresh paint, new ceramic tile flooring (except in a small office area), and new toilet and sink fixtures in its two half-baths. Both buildings offer convenient half-bath facilities. The property's 1970 construction provides a solid foundation, enhanced by the recent improvements. The asking price is $185,000, and owner financing is available, making this an attractive proposition for savvy investors seeking a strong return in a desirable New Mexico market. The property is located in Chaves County, New Mexico, zip code 88201.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Roswell
- County
- Chaves
- State
- New Mexico
- Longitude
- -104.526
- Latitude
- 33.3934
