116 Main St Bloomfield, NM 87413-5909
This exceptional commercial property in Bloomfield, New Mexico, presents a unique investment opportunity. Currently operating as a fully equipped salon, this turn-key establishment is situated on a 856 square foot lot at 116 W MAIN Street, zip code 87413. The property has undergone extensive renovations, boasting a modern aesthetic with high-quality finishes, including stucco, a pro-panel roof, energy-efficient windows, a new HVAC system, updated plumbing and electrical, new ventilation, an on-demand hot water heater, and Free Fit Rubber Flooring. All salon fixtures are included, such as styling stations, shampoo bowls, waiting area furniture, and a reception desk, allowing for immediate operation. The spacious layout features an open floor plan, maximizing functionality and providing ample room for various uses. Its prime location, easily accessible off Highway 64 and 1st Street, ensures high visibility and client accessibility. While currently a salon, the versatile space is adaptable for various commercial purposes, including spas, boutiques, or office spaces. The asking price is $215,000. This property offers a blend of modern design, prime location, and immediate operational capability, making it an excellent investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.