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$1,200,000
Est. payment /mo
Active
209 W Main Street Artesia, NM 88210
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Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20246689
Year Built 1904
Annual Tax Amount $4,175
Tax Year 2023
Lot Dimensions 7,000 sq ft
Property Sub-Type Hotel/Motel
Property Description
Located in the heart of downtown Artesia, this turnkey 11-room bed and breakfast offers a unique investment opportunity with additional income potential from three versatile commercial spaces. Beautifully decorated with the history of Artesia and New Mexico in mind, the property features a kitchen, laundry area, common spaces, and one ADA-compliant room for accessibility. The commercial spaces include a fully leased unit occupied by Century 21, an industrial-style open space with exposed brick walls ready for customization, and another smaller office space. Additional amenities include shared restrooms for commercial tenants, garage storage, and a cozy balcony patio with exterior storage. With its prime location, charming aesthetic, and income-generating potential, this property is perfect for hospitality, retail, or creative ventures. Don't miss this rare opportunity to own a piece of Artesia's history!
Location
State NM
County Eddy County
Area New Mexico Mls
Interior
Inclusions Building, Business Name
Exterior
Utilities Available Electricity, Natural Gas, Sewer, Water-City
Roof Type Flat,Gutters,Elastomeric
Building
Structure Type Block,Stucco
Listed by CENTURY 21 BLACK GOLD