400 2Nd StRoswell, NM 88201

Property Details for 400 2Nd St

Year built

1980

Property size (Sq ft)

8,368 SF

Property type

Office properties

Description

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.

Location Insight

City

Roswell

County

Chaves

State

New Mexico

Latitude

33.3943

Longitude

-104.528

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