1000 S Main St - Freestanding FOR SALE


Roswell, NM 88203
$4,000,000 USD
575-500-3182
1000 S Main St, Roswell, NM for Sale
$4,000,000 USD
Freestanding - FOR SALE
1/37
null | Request Cap Rate

1000 S Main St
Roswell, NM 88203


HIGHLIGHTS

  • Rare opportunity to acquire a recently remodeled big-box retail building with exceptional frontage, visibility, and access along South Main Street.
  • Ideal for an owner/user seeking a flagship location or an investor targeting a value-add retail opportunity with strong long-term income potential.
  • Surrounded by a thriving mix of retailers and service providers, creating a dynamic environment that drives foot traffic and cross-shopping.
  • Fully remodeled with significant renovations, including brand-new HVAC systems and roofing, enhancing functionality and long-term stability.

OVERVIEW

Discover 1000 S Main Street, a 57,145-square-foot retail building for sale. Ashley Furniture is actively vacating the property, providing immediate flexibility for an owner/user or an investor to reposition or lease the building. The location underwent a $1,169,000 building remodel in 2019, followed by the installation of brand-new HVAC systems with all-new ductwork in 2022, totaling $438,644.17. In 2026, a new $500,000 roof is being installed, and the buyer will inherit a five-year warranty that includes twice-yearly preventive maintenance by the installer, offering added security and reduced near-term capital expenditure risk. 1000 S Main Street includes approximately 40,000 square feet of showroom space, complemented by approximately 17,000 square feet of office space, conference rooms, restrooms, hallways, storage, and a substantial warehouse component. The warehouse is fully functional, with two loading docks that support efficient logistics operations. C-2 Zoning and a versatile layout make this location suitable for a wide range of uses, including retail, automotive sales, fitness, religious facilities, showroom concepts, and other large-format operations. Positioned at a signalized intersection, 1000 S Main Street benefits from prominent exposure to more than 19,000 vehicles daily, with approximately 315 feet of frontage on Main Street and an additional 683 feet along Summit Street. Situated on a 4.94-acre parcel, the site features a 100% concrete parking lot with 360 parking spaces, accommodating high customer volumes. Proximity to the state’s busiest Albertsons markets gives the property strong retail synergy and consistent consumer traffic. Located in one of Roswell’s fastest-growing commercial areas, the property gives access to a dense consumer base responsible for over $601.4 million in annual consumer spending. Strategically located, the site provides seamless connectivity to major transportation routes, including US Routes 285 and 380, further enhancing accessibility. 1000 S Main Street delivers a unique combination of scale, visibility, recent upgrades, and a strategic location, making it a standout investment or owner/user opportunity in Roswell, New Mexico.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Ashley Furniture

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Dealership, Storefront Retail/Office, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

360

LAND DETAILS

LAND ACRES

4.95 AC

LAND SF

215,622 SF

ZONING

COMMUNITY

APN/PARCEL ID

R004446

ASK ABOUT THIS PROPERTY

Jayden JenkinsTriple J Rentals LLCMore Info
575-500-3182

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Jayden JenkinsTriple J Rentals LLCMore Info
575-500-3182

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.