Two-Unit Storefront
New
For Sale
$460,000
107 E Washington Ave, Lovington, NM 88260
Divisible retail frontage with five non-metered curbside spaces and a lease extending through October 2026.
Property Size2,500 SF
Price / SF$184
Days on Market3
Property Features for 107 E Washington Ave
General Information
Standard status
Active
Size
2,500 SF
Total Parking Spaces
5
Property subtype
Commercial
Listing Agency:
Lpt Realty
(877) 366-2213
Listed By:
Missy Ashcraft
(505) 362-6823
Source:
Missyashcraft
Added: Sep 22
Changed: Sep 23
Last Checked: Sep 24 at 9:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lpt Realty
Investment Insights
Based on property information with market context.
This storefront property at 107 E Washington Ave includes addresses 107 and 109, with the configuration capable of being divided into two units. The property is occupied by a retail dispensary tenant under a short-term lease running through October 2026.
The site is positioned in Lovington’s Main Street business district, directly across from the courthouse. Restaurants and breweries contribute to the surrounding commercial activity. Parking includes five non-metered curbside spaces, with additional free parking available across the street.
The site is positioned in Lovington’s Main Street business district, directly across from the courthouse. Restaurants and breweries contribute to the surrounding commercial activity. Parking includes five non-metered curbside spaces, with additional free parking available across the street.
Key Highlights
- 107 E Washington Ave storefront with divisible 107 and 109 configuration
- Can be separated into 2 units
- Retail dispensary tenant in place through October 2026
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
55k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 26%
Home Improvements & Furnishings 7%
McDonald's
Dining
18,581 visits/mo
0.4 miles
Dollar General
Shops & Services
8,522 visits/mo
0.4 miles
SONIC Drive In
Dining
8,133 visits/mo
0.4 miles
Allsups
Shops & Services
5,799 visits/mo
0.4 miles
KFC
Dining
4,347 visits/mo
0.4 miles
Demographics for 88260, NM
15,569
Population
5,474
Households
2.8
Avg Household Size
33
Median Age
15%
College-Educated
75%
High-School Grad
814.9 sq mi
ZIP Area
19
Density / Sq Mi
$75,197
Median Household Income
$40,356
Median Earnings
$1,081
Median Rent
$174,200
Median Home Value
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Storefront property - Divisible retail frontage with five non-metered curbside spaces and a lease extending through October 2026.
Where is this storefront property located?
The property is located at 107 E Washington Ave Lovington, NM.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 107 E Washington Ave storefront with divisible 107 and 109 configuration; Can be separated into 2 units; Retail dispensary tenant in place through October 2026
