For Sale
$1,250,000

400 2Nd StRoswell, NM 88201

8,368 SF Office Building, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 8,368 square foot Class B executive office complex is situated on a 32,000 square foot lot at 400-404 W Second Street, Roswell, NM, 88201. The property, built in 1980 and zoned C-4, offers three leasable areas. The main building features two lobby/reception areas, twelve private offices, a large conference room, break area, three restrooms, a sunroom, and several closets. The upper level includes an alcove, two offices, and a restroom. The building boasts a new roof and updated exterior stucco. An adjoining vacant 1,604 square foot space (402 W Second St) comprises two large open rooms, a conference room, two offices, and a restroom. A third vacant suite (404 W Second St), totaling 1,280 square feet, features four rooms and a restroom. The property includes paved and graveled parking lots accessed via Kentucky Avenue, a landscaped courtyard with a gazebo, and covered entries at all access points. A 667 square foot basement (not included in the gross building area) houses mechanical equipment. The asking price is $1,250,000, and the lease type is NN+. Multiple access points exist from W Second Street, Kentucky Avenue, and the complex's parking lot. The property is currently vacant and presents a significant opportunity for owner-occupancy or multi-tenant leasing. The rectangular lot provides 160 feet of frontage on W Second Street and 200 feet of depth along N Kentucky Avenue, with alley access. A portion of the land is zoned R-3 residential, offering potential for future development.

Highlights

  • 8,368 SF Class B office complex on a 32,000 SF lot at 400-404 W Second Street, Roswell, NM.
  • Three leasable areas totaling 11,252 SF, including a main building with 12 offices, conference room, and updated exterior.
  • Adjoining vacant 1,604 SF and 1,280 SF suites available.
  • Features include paved parking, landscaped courtyard, and covered entries.
  • $1,250,000 asking price, NN+ lease type, currently vacant.
  • 160' frontage on W Second Street, alley access, and potential for future development due to R-3 zoning on a portion of the lot.

Property Details for 400 2Nd St

Property type
Office properties
Square Feet
8,368 SF
Class
B
Year Built
1980

Location Insight

City
Roswell
County
Chaves
State
New Mexico
Latitude
33.394265399452
Longitude
-104.52786088913
400 2Nd St, Roswell, New Mexico

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400 2Nd St
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