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Ashley HomeStore 1000 S Main St 57,145 SF Retail Building Roswell, NM 88203 $4,000,000 ($70.00/SF)
Investment Highlights
- 2019 $1,169,000 Remodel, 2022 $438,644.17 HVAC/Ducts,2026 $500,000 New Roof
- Extremely Busy Intersection with 315' of Main Street Frontage
- 57,145SF Building on 4.9469 Acres with 360 Concrete Parking Spaces
Executive Summary
This is a prime commercial property located one block North of one of the busiest Albertsons markets in the state. Ashley Furniture has occupied this space since October 2019. Do Not Disturb Tenant. Ashley Furniture is actively open for business, but can vacate quickly once a purchase agreement has been made. In 2019 a $1,169,000 building remodel was completed. In 2022 brand new HVAC systems with all new ducting totaling $438,644.17 were installed. In 2026 a $500,000 new re-roof is being installed. The buyer of this property will inherit the 5 year warranty with included preventative maintenance 2 times per year by the installer. The property is 4.9469 acres and 57,145 square feet. Around 40,000+- of that square footage is currently retail showroom. The remaining 17,000+- square footage is comprised of bathrooms, offices, conference room, hallways, storage rooms, & a great deal of warehouse. The warehouse has 2 loading docks that are in excellent condition & used daily. The parking lot is 100% concrete and has 360 total parking spaces. The site has 315' of frontage on Main Street as well as 683' of frontage along Summit Street. This would make an incredible car lot, retail store, fitness center, church, or any other business that needs the size and the high traffic count! This property is listed by the property owner. Realtors are welcome to bring their clients and negotiate a commission. This is a prime opportunity for an owner occupied business, or an investor looking to for a great rental property that would produce high long term rent.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
57,145 SF
Building Class
C
Year Built/Renovated
1970/2019
Price
$4,000,000
Price Per SF
$70.00
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.27
Lot Size
4.94 AC
Zoning
C-2 - This zoning district is perfect for most commercial uses.
Parking
360 Spaces (6.3 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Demographics
Demographics
1 mile
3 mile
5 mile
15 min drive
2025 Population
10,302
36,865
52,331
55,368
2030 Population
10,268
36,576
51,810
54,824
2025-2030 Projected Population Growth
-0.3%
-0.8%
-1.0%
-1.0%
Median Age
35.7
35.9
36.4
36.6
College Degree + Higher
10%
14%
17%
12%
Daytime Employees
5,108
14,456
18,965
21,485
Total Businesses
787
1,878
2,254
2,501
Average Household Income
$54,352
$62,449
$70,450
$71,018
Median Household Income
$35,263
$45,927
$50,778
$51,304
Total Consumer Spending
$92.1M
$356.9M
$534.4M
$571.5M
2025 Households
3,765
13,819
19,328
20,436
Average Home Value
$146,572
$174,938
$198,150
$200,081
Nearby Major Retailers
Property Taxes
| Parcel Number | R004446 | Improvements Assessment | $866,380 |
| Land Assessment | $179,573 | Total Assessment | $1,045,953 |
Property Taxes
Parcel Number
R004446
Land Assessment
$179,573
Improvements Assessment
$866,380
Total Assessment
$1,045,953
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Ashley HomeStore | 1000 S Main St