Divisible Storefront
107 E Washington Avenue, Lovington, NM 88260
For Sale
$460,000
Commercial Sale, Lovington, NM
Property Size2,500 SF
Lot Size0.15 Acres
Price / SF$184
Days on Market51
Property Features for 107 E Washington Avenue
General Information
Property type
Property subtype
Zoning
Parking
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Building Details
Floors in Building
Listing Agency:
EXP Realty LLC
(505) 554-3873
Listed By:
Coralee H Quintana · License NM #48091
(505) 639-1266
Added: Sep 21
Changed: Nov 9
Last Checked: Nov 10 at 10:06AM
MLS# 1111341
Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,500-square-foot storefront property occupies a 0.15-acre parcel in Lovington. The spaces identified as 107 and 109 can be separated into two units, and the property is currently occupied by a retail dispensary tenant under a lease running through October 2026. Zoning is listed as ABQ Bernalillo.
The Lea County courthouse is directly across the street, with restaurants, breweries, and the Main Street business district among the surrounding commercial activity. Five non-metered curbside spaces are available, and free parking is located across the street.
The Lea County courthouse is directly across the street, with restaurants, breweries, and the Main Street business district among the surrounding commercial activity. Five non-metered curbside spaces are available, and free parking is located across the street.
Key Highlights
- 2,500‑square‑foot storefront on a 0.15‑acre parcel
- Spaces 107 and 109 can be divided into 2 units
- Retail dispensary tenant; lease term ends October 2026
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - The 107 and 109 spaces can be configured as two units, with a retail dispensary tenant in place.
Where is this storefront property located?
The property is located at 107 E Washington Avenue 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: 2,500‑square‑foot storefront on a 0.15‑acre parcel; Spaces 107 and 109 can be divided into 2 units; Retail dispensary tenant; lease term ends October 2026
