For Sale
$1,600,000

1912 Grimes St Hobbs, NM 88240

Upscale Dispensary & Lounge - Prime Location

Property Records

Overview

Added:
Feb 3
Days on market:
85
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.

Property Details for 1912 Grimes St

Property type
Commercial real estate
Square Feet
3,962 SF
Lot Size (sq. ft)
14,810 SF

Location Insight

City
Hobbs
County
Lea
State
New Mexico
Latitude
32.72014
Longitude
-103.1445

FAQs

What type of property is this?
Commercial real estate - Upscale Dispensary & Lounge - Prime Location
Where is the commercial real estate located?
The property is located at 1912 Grimes St Hobbs, NM.
What is the asking price?
The asking price for this property is $1,600,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1912 Grimes St
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