For Sale
$499,900

511 2Nd StRoswell, NM 88201

Prime 1.125-acre lot, versatile building.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Roswell, NM commercial property presents a rare investment opportunity. Located at 511 E 2nd Street, this 1.125-acre lot features a 9,108 sq. ft. building constructed in 1955, offering diverse commercial, warehouse, manufacturing, and storefront potential. The property boasts a prime corner location with high traffic counts, enhanced by additional fenced land west of the main structure. A new roof was installed approximately in 2018. All existing outside buildings are included in the sale. The asking price is $499,900. The seller requires a six-month leaseback at $2,000 per month to facilitate the dispersal of assets. Zoning information should be verified with the city. Note that adjacent properties at 524/520 E 3rd St. are available for separate purchase, offering the potential to expand the property significantly. This creates a unique opportunity to acquire a substantial corner lot in a high-traffic area.

Highlights

  • Rare Roswell, NM investment opportunity: 1.125-acre corner lot with 9,108 sq. ft. building.
  • High-traffic location with diverse commercial uses (warehouse, manufacturing, storefront).
  • Building constructed in 1955, new roof (approx. 2018), all existing outbuildings included.
  • $499,900 asking price with a six-month, $2,000/month leaseback.
  • Adjacent properties available for separate purchase, allowing for significant expansion.

Property Details for 511 2Nd St

Property type
Warehouses, Retail properties
Year Built
1955
Lot Size (sq. ft)
49,005 SF

Location Insight

City
Roswell
County
Chaves
State
New Mexico
Latitude
33.3945111
Longitude
-104.5148714
511 2Nd St, Roswell, New Mexico

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511 2Nd St
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