208 N Main Street, Roswell, NM 88201
208 N Main Street, Roswell, NM 88201
208 N Main Street, Roswell, NM 88201
208 N Main Street, Roswell, NM 88201
208 N Main Street, Roswell, NM 88201
208 N Main Street, Roswell, NM 88201
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Mindy Longmire

Mindy Longmire

+1(575) 626-5411
Listed by  Exp Realty, LLC
$ 800,000
Est. payment | /mo

0.31 Acres Lot

Save
$ 800,000
Est. payment | /mo
Save

0.31 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20260483

HOA Y/N No

Year Built 1948

Annual Tax Amount $4,872

Lot Size 0.310 Acres

Acres 0.31

Source NMMLS

Property Description

Positioned in the heart of downtown just one block south of the high-traffic UFO Museum, this 26,629 SF commercial asset offers immediate cash flow with significant value-add and redevelopment upside. Situated on 13,468 SF of land, the propertys scale, layout, and location make it a rare downtown investment. Current Income & Tenant Mix First Floor | 208 N Main 39 booth-style tenants Month-to-month leases, providing maximum flexibility Producing positive in-place cash flow Opportunity to re-tenant, reconfigure, or reposition to increase NOI 204 N Main Included under the same legal description Currently leased at $1,000/month Provides stable baseline income with future expansion potential Second Floor Upside Potential Accessed via a rear elevator Direct access from rear parking lot Additional on-street parking on Main Street Ideal for conversion to: Office or co-working Creative studios Event or entertainment space Short-term or mixed-use concepts (subject to zoning) Investment Highlights Immediate cash flow with low rollover risk Flexible lease structure allows for rapid repositioning Multiple income streams under one asset Prime downtown location with consistent foot traffic Value-add opportunity through lease-up, rent optimization, or redevelopment Scarcity assetfew comparable properties of this size downtown This property is well-suited for investors seeking current yield with long-term appreciation, or owner-users looking to capitalize on downtown growth while offsetting ownership costs with income. Rarely does a downtown asset offer this combination of scale, income, flexibility, and upside.

Location

State NM

County Chaves

Interior

Interior Features Audio/Video Surveillance

Exterior

View Y/N false

Private Pool No

Others

Tax ID 4135061543513000000

Mindy Longmire
Mindy Longmire

Owner/Qualifying Broker | License ID: NM19417

+1(575) 626-5411 | mindy@dynamicpropertiesofnm.com

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208 N Main Street