209 Main StArtesia, NM 88210

Property Details for 209 Main St

Year built

1904

Lot size

0.16 AC

Property size (Sq ft)

10,188 SF

Property type

Commercial real estate

Description

This exceptional property at 209 W Main Street, Artesia, NM, presents a rare investment opportunity. The 10,188 square foot building sits on a 0.16-acre lot in the heart of downtown Artesia and boasts an eleven-room bed and breakfast, beautifully decorated with local history in mind. The inn includes a fully equipped kitchen, laundry facilities, inviting common areas, and a single ADA-compliant guest room, ensuring accessibility for all. Adding to its income potential are three versatile commercial spaces. One space is currently fully leased to Century 21, providing immediate rental income. A second, larger space offers an industrial-chic aesthetic with exposed brick walls, ideal for a variety of businesses requiring customization. A third, smaller office space is also available. Shared restrooms conveniently serve the commercial tenants. Further enhancing the property's appeal are a spacious garage for storage, and a charming balcony patio with additional exterior storage. Priced at $1,200,000, this property offers a unique blend of hospitality and commercial real estate, perfect for investors seeking a turnkey operation with significant income potential and a piece of Artesia's rich history. The prime location and diverse income streams make this a truly exceptional offering.

Location Insight

City

Artesia

County

Eddy

State

New Mexico

Latitude

32.8419

Longitude

-104.399

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