About This Home

This 0-bedroom, 0-bathroom commercial at 208 N Main St in Roswell, NM is listed for $800,000 ($30 per sqft). Built in 1948, the home offers 26,696 sqft of living space on a 0.31 acres lot.

Key Features

  • Built in 1948
  • 0.31 acre lot

Property Details

1948
Listing Description

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 property's 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 inc

ome 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 Immedi

ate 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 asset-few comparable properties of this size downtown This property is well-sui

ted 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.

Monthly Cost Estimate

$4,279/mo

20% down · 6.5% · 30 years

Principal$579
Interest$3,467
Insurance$233

Estimates only. Actual payments may vary.

Location

208 N Main St

Roswell, NM 88201

Features & Amenities

Interior Features

Audio/Video Surveillance

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 208 N Main St is listed at $800,000 ($30/sqft). The estimated monthly payment is $4,278 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1948, 0.31 acre lot. Interior Features: Audio/Video Surveillance.

This property is listed by Lana Reese.

LR

Lana Reese

License 17441

Agent at eXp REALTY, LLC

Listed by eXp REALTY, LLC · Broker phone: (505) 554-3873

MLS# 20260483· Source: New Mexico MLS· 279 days on PropertySimple

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

208 N Main St, Roswell, NM 88201

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