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0 Baths
26,696 sqft

$800,000

208 N Main Street, Roswell NM, 88201

Price per sqft$29.97
Built in1948
Property size26,696 sqft
Property typeCommercial
Courtesy of Lana Reese with Exp Realty, LLC

Overview

Active

Listed Jan 25, 2026

Updated 3 weeks ago

Positioned in the heart of downtown just one block south of the high-traffic UFO Museum, this 26,629 SF commercial asset offers immediate cash flow with significant value-add and redevelopment upside. Situated on 13,468 SF of land, the propertys scale, layout, and location make it a rare downtown investment. Current Income & Tenant Mix First Floor | 208 N Main 39 booth-style tenants Month-to-month leases, providing maximum flexibility Producing positive in-place cash flow Opportunity to re-tenant, reconfigure, or reposition to increase NOI 204 N Main Included under the same legal description Currently leased at $1,000/month Provides stable baseline income with future expansion potential Second Floor Upside Potential Accessed via a rear elevator Direct access from rear parking lot Additional on-street parking on Main Street Ideal for conversion to: Office or co-working Creative studios Event or entertainment space Short-term or mixed-use concepts (subject to zoning) Investment Highlights Immediate cash flow with low rollover risk Flexible lease structure allows for rapid repositioning Multiple income streams under one asset Prime downtown location with consistent foot traffic Value-add opportunity through lease-up, rent optimization, or redevelopment Scarcity assetfew comparable properties of this size downtown This property is well-suited for investors seeking current yield with long-term appreciation, or owner-users looking to capitalize on downtown growth while offsetting ownership costs with income. Rarely does a downtown asset offer this combination of scale, income, flexibility, and upside.

Additional information

MLS® ID
20260483

Interior Features

Bathrooms
0
Basement
No

Exterior Features

Lot Size
0.31 Acres

Other Property Details

Taxes
$4,872
Tax Frequency
Annually
55+/Senior Community
No
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Property information should be verified by buyer. Listing information provided in part by the New Mexico Association of REALTORS®. Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the New Mexico Association of REALTORS®. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor R1 Clovis shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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