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
1/46
null | Request Cap Rate

1000 S Main St
Roswell, NM 88203


HIGHLIGHTS

  • 2019 $1,169,000 Remodel, 2022 $438,644.17 HVAC/Ducts,2026 $500,000 New Roof
  • 57,145SF Building on 4.9469 Acres with 360 Concrete Parking Spaces
  • Extremely Busy Intersection with 315' of Main Street Frontage

OVERVIEW

This is a prime commercial property located one block North of one of the busiest Albertsons markets in the state. Ashley Furniture has occupied this space since October 2019. Do Not Disturb Tenant. Ashley Furniture is actively open for business, but can vacate quickly once a purchase agreement has been made. In 2019 a $1,169,000 building remodel was completed. In 2022 brand new HVAC systems with all new ducting totaling $438,644.17 were installed. In 2026 a $500,000 new re-roof is being installed. The buyer of this property will inherit the 5 year warranty with included preventative maintenance 2 times per year by the installer. The property is 4.9469 acres and 57,145 square feet. Around 40,000+- of that square footage is currently retail showroom. The remaining 17,000+- square footage is comprised of bathrooms, offices, conference room, hallways, storage rooms, & a great deal of warehouse. The warehouse has 2 loading docks that are in excellent condition & used daily. The parking lot is 100% concrete and has 360 total parking spaces. The site has 315' of frontage on Main Street as well as 683' of frontage along Summit Street. This would make an incredible car lot, retail store, fitness center, church, or any other business that needs the size and the high traffic count! This property is listed by the property owner. Realtors are welcome to bring their clients and negotiate a commission. This is a prime opportunity for an owner occupied business, or an investor looking to for a great rental property that would produce high long term rent.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Ashley HomeStore

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Dealership, Storefront Retail/Office, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

360

LAND DETAILS

LAND ACRES

4.94 AC

LAND SF

215,186 SF

ZONING

C-2

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.