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    Lovington, NM
    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: Dec 22, 2025
    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
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Drive-Through Restaurant Property
    Drive-Through Restaurant Property

    620 E 2nd St, Roswell, NM 88201

    $425,000
    1,681 sqft 0.37 AC lot

    C-2 zoning supports restaurant and other commercial uses, with kitchen infrastructure and a drive-through service window.

    View details
    Freestanding Restaurant Building
    Freestanding Restaurant Building

    601 S 1st Street, Artesia, NM 88210

    $495,000
    6,000 sqft 0.76 AC lot

    Cleared interior with adaptable areas for dining, meetings, events, fitness, retail, or office conversion.

    View details
    Restaurant with Drive-Through
    Restaurant with Drive-Through

    620 E 2nd St, Roswell, NM 88201

    $425,000

    Includes a fully equipped commercial kitchen, dining area, and on-site parking.

    View details
    Full-Service BBQ Restaurant
    Full-Service BBQ Restaurant

    811 W Main Street, Artesia, NM 88210

    Contact for pricing

    Operating restaurant property positioned in downtown Artesia.

    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%

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