201 Main St W, Farmington, NM 87401

$215,000

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List Price
$215,000
Status
ACTIVE
Days on Market
27
MLS#
26001535
Subtype
Commercial Sale
Year Built
1941
Lot Size
3,049
Acres
0.07

Property Description

''Purity Pharmacy'' Historic Downtown Farmington Corner Building | Main Street Visibility | Retail, Office & Redevelopment Potential. Own a piece of Downtown Farmington history! Prominently positioned on a Main Street corner, this distinctive commercial building still displays ''Purity Pharmacy Bldg 1926'' across its faade, giving it nearly a century of character that's hard to replicate. Unit 1 fronts Main Street & features a large, open retail space w/ two sidewalk-facing display windows & built-in display platforms, ideal for showcasing merchandise to Downtown foot & vehicle traffic. Interior walls & electrical are finished, w/ the ceiling representing the primary remaining improvement before the space is ready for its next chapter. Additional office/storage room & half bath. Unit 2, faces S. Allen, offers another flexible retail or professional space w/ a smaller office. The unit currently does not have a restroom, but there is potential to frame one in or combine units to create a larger, more versatile retail, showroom, or office footprint. Then there's the basement. Downstairs you'll find 2 additional rooms loaded w/ old-building character totalling 330sf of additional space. Probably haunted. Definitely cool. Whether used for storage, creative space, or simply as a conversation starter, it's another feature that makes this 1926 property anything but ordinary. 105 S. Allen has been demolished, opening up additional possibilities. The area could potentially serve as a private yard, secure off-street parking, outdoor business space, or an opportunity to expand the building footprint. With its historic architecture, prominent corner location, Main Street storefront, multiple commercial spaces, basement & future expansion potential, this property offers an opportunity to create something truly distinctive in the heart of Downtown Farmington. Bring the business plan, the imagination & maybe a flashlight for the basement.

Additional Information

Taxes
$1,949
Roof
Flat

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Listing courtesy of Exp Realty, LLC.