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About This Home

This 0-bedroom, 2-bathroom single family at 601 S 1st Street in Artesia, NM is listed for $549,500 ($92 per sqft). the home offers 6,000 sqft of living space on a 0.76 acres lot.

Agent Description

Formerly a well-known steakhouse, this versatile commercial property offers an exceptional opportunity in a highly desirable location. The steel-constructed building with a classic brick front facade combines durability with timeless curb appeal. Inside, the space has been completely cleared out, providing a blank canvas ready for your vision.

The layout includes a large open main area, additional side spaces, a designated meeting area, and a spacious former kitchen and grill section - ideal for redevelopment or repurposing. This property is perfectly suited for a wide range of uses, including: Event center or venue, Fitness center or gym, Retail or parts store, Office conversion, Restaurant or cafe revival.

Additional features include handicap acessibility throughout, flexible floor plan for customization, strong structural build (steel frame) with 6000 sq. ft. of space, 15 peak building heiht, 14' side walls, and 10' finished ceiling height. Whether you're starting a new business or expanding an existing one, this property offers the space, location, and adaaptability to bring your ideas to life.

Key Features

  • 0.76 acre lot
  • 100 parking spaces

Property Details

2 full
100 spaces

Monthly Cost Estimate

$2,939/mo

20% down · 6.5% · 30 years

Principal$397
Interest$2,381
Insurance$160

Estimates only. Actual payments may vary.

Location

601 S 1st Street

Artesia, NM 88210

Property Details

Flooring

CarpetTile

Construction

Block Steel Frame Attic Slump Block Metal / Fabricate

Parking

Parking Lot

Questions & Answers

This 0-bedroom, 2-bathroom single family at 601 S 1st Street is listed at $549,500 ($92/sqft). The estimated monthly payment is $2,381 based on 20% down at 6.5% interest.

Key features include: 0.76 acre lot, 100 parking spaces.

This property is listed by Theresa Baize and can be reached at 5757485625 or theresa@loisoliverrealestate.com.

TB

Theresa Baize

Agent at Lois Oliver Real Estate

(575) 748-5625

Listed by Lois Oliver Real Estate

MLS# 20262032· Source: listhub· Updated 3 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.

601 S 1st Street, Artesia, NM 88210

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