109 Dal Paso St Hobbs, NM 88240
- Retail space
Current Use by Public Records
- Retail space
Property Details for 109 Dal Paso St
- Property type
- Retail space
- Property subtype
- Storefront properties
Description
This exceptional commercial property at 109 N Dal Paso Street in Hobbs, New Mexico, presents a unique investment opportunity. Located on a high-traffic corner lot, this 3348 square foot property seamlessly blends retail space with residential amenities. The front portion features a retail shop layout, complete with counters and office space, ideal for a variety of businesses. The rear of the property offers surprisingly comfortable living quarters, including two bedrooms, one bathroom, a laundry room, kitchen, and living area, enhanced by a cozy fireplace and private outdoor patio. The property also boasts significant storage capabilities, facilitated by multiple overhead doors and a gated parking area. The property is zoned for commercial use and is situated in Lea County, New Mexico, with the zip code 88240. The asking price for this versatile property is $395,000. This combination of commercial and residential space makes it an attractive option for owner-occupants or investors seeking a property with diverse income potential. The high-traffic location ensures excellent visibility and accessibility for any business operating from the storefront. The ample storage and gated parking provide added convenience and security. This property offers a rare blend of commercial and residential functionality in a prime Hobbs location.
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
- Hobbs
- County
- Lea
- State
- New Mexico
- Longitude
- -103.1277688
- Latitude
- 32.70148
