1912 Grimes St Hobbs, NM 88240

Property Details for 1912 Grimes St

Lot size

0.34 lot acres

Property size

3,962 SF

Property type

Commercial real estate

Description

This exceptional 3,962 square foot commercial building in Hobbs, New Mexico, presents a unique investment opportunity. Situated on a 0.34-acre lot, the property has undergone a complete remodel, resulting in a sophisticated and functional space ideal for a combined dispensary and deluxe lounge operation. The welcoming entrance features comfortable seating, a small office, and a restroom. A spacious showroom provides ample area for product display and retail sales. A well-designed back work area, accessible from the showroom, includes additional storage, a second restroom, and direct access to an upstairs administrative and surveillance area. The seamless integration of the deluxe lounge is a key feature. This upscale lounge boasts ample seating, an entertainment stage, and a second-floor seating area, providing ample space for guests. A third restroom is conveniently located within the lounge area. The property's innovative design prioritizes both efficient operations and an elevated customer experience. The combination of retail space, a sophisticated lounge, and prime location makes this a truly exceptional opportunity for a discerning buyer seeking a high-end, multi-functional commercial property. The asking price is $1,600,000. This turnkey operation is ready for immediate occupancy and offers significant potential for growth and profitability.