506 Shipp StHobbs, NM 88240

For Sale
$349,000

Prime Hobbs location, office space, large lot.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional commercial property at 506 N Shipp in Hobbs, New Mexico, presents a compelling investment opportunity. The property encompasses a substantial 13,020 square foot lot, featuring a 3,036 square foot building constructed in 1950. The building itself is well-suited for a variety of commercial uses, including office or medical spaces. Inside, you'll find multiple offices and three bathrooms, providing ample space for employees and clients. The property's layout is designed for functionality and efficiency. Beyond the building, a significant advantage is the large backyard complete with a patio, offering potential for outdoor use or expansion. Rear parking is also provided, ensuring convenient access for employees and visitors. The property's location in a quiet neighborhood near downtown Hobbs offers a blend of tranquility and accessibility, providing easy access to local amenities and businesses. The asking price for this versatile property is $349,000. This presents a rare chance to acquire a well-established commercial property in a thriving New Mexico community with significant growth potential. The property is located in Lea County, New Mexico, zip code 88240.

Highlights

  • 13,020 SF lot with a 3,036 SF building in Hobbs, NM.
  • Built in 1950, suitable for office or medical use.
  • Features multiple offices and three bathrooms.
  • Large backyard with patio and rear parking.
  • Located in a quiet neighborhood near downtown Hobbs, Lea County, NM (zip code 88240).
  • Asking price: $349,000.

Property Details for 506 Shipp St

Property type
Other office properties, Other land
Year Built
1950

Location Insight

City
Hobbs
County
Lea
State
New Mexico
Latitude
32.7053845
Longitude
-103.1371854
506 Shipp St, Hobbs, New Mexico

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506 Shipp St
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