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About This Home

This 0-bedroom, 0-bathroom single family at 208 N Main Street in Roswell, NM is listed for $1,500,000 ($56 per sqft). the home offers 26,696 sqft of living space on a 0.31 acres lot.

Agent 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 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 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 assetfew comparable properties of this size downtown This property is well-suit

ed 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.

Key Features

  • 0.31 acre lot

Monthly Cost Estimate

$8,022/mo

20% down · 6.5% · 30 years

Principal$1,085
Interest$6,500
Insurance$438

Estimates only. Actual payments may vary.

Location

208 N Main Street

Roswell, NM 88201

Questions & Answers

This 0-bedroom, 0-bathroom single family at 208 N Main Street is listed at $1,500,000 ($56/sqft). The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.

Key features include: 0.31 acre lot.

This property is listed by Lana Reese and can be reached at 5754209339 or foxietherealtor@gmail.com.

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LR

Lana Reese

Agent at Exp Realty, LLC

(575) 420-9339

Listed by Exp Realty, LLC

MLS# 20260483· Source: listhub· Updated 75 days ago

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 Street, Roswell, NM 88201

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