1110 Pierce StCarlsbad, NM 88220

Property Details for 1110 Pierce St

Year built

1970

Property type

Land

Description

This exceptional commercial property in Carlsbad, New Mexico, presents a lucrative investment opportunity. Located at 1110 & 1120 W Pierce Street, this 7,955.078 square foot lot boasts a prime corner location offering excellent visibility and accessibility. The property includes two buildings. The front building, currently leased for five years (with four years remaining), features a 3/4 bath, kitchen area, and four+ carports. Additional space includes a 1/2 bath, a separate office, and a large, versatile room. The substantial rear shop building offers three large overhead doors, two single lift doors, and 220-volt outlets, providing ample space for various commercial uses. A loft area adds extra storage. The entire property is fully fenced, enhancing security and functionality. Built in 1970, this property offers a blend of established infrastructure and significant potential for future development or expansion. The existing lease provides immediate income generation, making this a compelling investment with strong potential for long-term returns. The property's size and location in Eddy County, zip code 88220, make it ideal for a variety of commercial ventures. Don't miss this chance to acquire a high-value commercial property in a thriving New Mexico market.

Location Insight

City

Carlsbad

County

Eddy

State

New Mexico

Latitude

32.4363

Longitude

-104.24

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