506 Shipp StHobbs, NM 88240
- Other commercial real estate
Property Details for 506 Shipp St
- Year built
- 1950
- Property type
- Other commercial real estate
- Property subtype
- Other office properties
Description
This exceptional commercial property at 506 N Shipp in Hobbs, New Mexico, presents a compelling investment opportunity. The property encompasses a substantial 13,020 square foot lot, featuring a 3,036 square foot building constructed in 1950. The building itself is well-suited for a variety of commercial uses, including office or medical spaces. Inside, you'll find multiple offices and three bathrooms, providing ample space for employees and clients. The property's layout is designed for functionality and efficiency. Beyond the building, a significant advantage is the large backyard complete with a patio, offering potential for outdoor use or expansion. Rear parking is also provided, ensuring convenient access for employees and visitors. The property's location in a quiet neighborhood near downtown Hobbs offers a blend of tranquility and accessibility, providing easy access to local amenities and businesses. The asking price for this versatile property is $349,000. This presents a rare chance to acquire a well-established commercial property in a thriving New Mexico community with significant growth potential. The property is located in Lea County, New Mexico, zip code 88240.
Location Insight
- City
- Hobbs
- County
- Lea
- State
- New Mexico
- Latitude
- 32.7054
- Longitude
- -103.137
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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