Search
Divisible Storefront Retail Property
For Sale
$460,000

107 E Washington Ave, Lovington, NM 88260

Commercial Sale, Lovington, NM

Property Size6,702 SF
Lot Size0.15 Acres
Price / SF$68.64
Days on Market190

Property Features for 107 E Washington Ave

General Information

Property type Commercial Sale
Property subtype Other
Interior features Audio/Video Surveillance
Subdivision New Mexico Mls
Standard status Active
APN 4 000 255 350 001
Size 6,702 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description ORIG LOVINGTON BLOCK 7 LOT 9 10 1214-MC CRORY, JAMES REED PHOTO 102015
Tax Annual Amount 904
Legal Description ORIG LOVINGTON BLOCK 7 LOT 9 10 1214-MC CRORY, JAMES REED PHOTO 102015

Building Details

Year built 1950
Listing Agency: Exp Realty, LLC
Listed By: Coralee Quintana · License #48091
Added: Feb 25 Changed: Sep 2 Last Checked: Sep 3 at 9:06PM
MLS# 20261099

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This storefront retail property comprises 6,702 square feet on a 0.15-acre parcel and dates to 1950. The space associated with 107 and 109 E Washington Ave can be separated into two units, offering a flexible configuration for retail occupancy. Audio/video surveillance is installed, and the property includes five non-metered curbside spaces.

The building sits in Lovington’s Main Street business district, with the courthouse directly across the street. Restaurants and breweries contribute to the surrounding commercial setting, while additional free parking is available across the street. A short-term lease is in place through October 2026.

Key Highlights

  • 6,702‑square‑foot storefront retail property on 0.15 acres
  • 107 and 109 E Washington Ave can be divided into 2 units
  • Five non‑metered curbside parking spaces

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Real Estate Agency HVAC Service Spa & Massage Center Pharmacy Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby
55k
Monthly Visits Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Lovington storefront with flexible two-unit configuration, surveillance, and nearby public parking.
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: 6,702‑square‑foot storefront retail property on 0.15 acres; 107 and 109 E Washington Ave can be divided into 2 units; Five non‑metered curbside parking spaces
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message