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    Conventional Restaurant

    Lovington, NM Conventional Restaurants for Sale

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    Tatum, NM
    Restaurant with Commercial Kitchen
    Updated: Dec 22, 2025
    Restaurant with Commercial Kitchen

    218 S 1st St, Lovington, NM 88260

    $775,000
    2,638 sqft
    2,638‑square‑foot restaurant building
    Three main seating rooms plus a private party room
    Full‑service commercial kitchen
    Newly paved and expanded parking lot
    Constructed in 1955
    View details
    Turn-Key Mexican Restaurant Property
    Updated: Jul 21
    Turn-Key Mexican Restaurant Property

    218 S 1st ST, Lovington, NM 88260

    $775,000
    Spanish adobe restaurant with 3 main seating rooms plus a private party room in the back corner
    Full‑service commercial kitchen designed to serve large crowds
    Expanded parking lot that was newly paved
    Historic Lovington building with traditional Spanish adobe construction
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lovington, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant with Bar and Cooler
    Restaurant with Bar and Cooler

    1613 W Broadway, Andrews, TX 79714

    $550,000
    2,436 sqft 0.28 AC lot

    A metal-sided restaurant includes multiple seating arrangements, kitchen improvements, and propane gas service.

    View details
    Drive-Through Restaurant with Expansion Land
    Drive-Through Restaurant with Expansion Land

    1615 W Millen DR, Hobbs, NM 88240

    $2,300,000
    2,585 sqft 7.61 AC lot

    Restaurant building with a drive-through window, substantial parking, and additional acreage for future commercial development.

    View details
    Restaurant Building with Bar
    Restaurant Building with Bar

    1613 W Broadway St, Andrews, TX 79714

    $550,000
    2,436 sqft 0.28 AC lot

    A furnished dining space includes a bar, multiple seating arrangements, and a walk-in cooler and freezer.

    View details
    Fully Equipped Operating Restaurant
    Fully Equipped Operating Restaurant

    604 E Broadway ST, Hobbs, NM 88240

    $675,000

    Fully equipped and operating restaurant available for sale, with showings only Sundays and Mondays.

    View details

    Lovington, NM Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Lovington, NM on our real estate platform. These investment opportunities span a total of 2,638 square feet of properties for sale, with an estimated market value of $1,550,000.

    Sale prices for conventional restaurants in Lovington, NM average $775,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2
    Commercial kitchens 1

    Demographics Overview

    Population 15K
    Population Growth (5Y) +1.8%
    Median Household Income $75,197
    College Educated 23.2%

    High-Yield Neighborhoods for Investment

    Identify Lovington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    88260 $775K

    Taxes & Financing

    Tax Rate (average for all types) 2.88%
    Property Tax per SF $0.55 per SF
    Tax Rate vs County Average 0.18 pp above county avg
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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