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Updated Storefront Building with Basement
For Sale
$255,000

109 S MAIN Ave, Portales, NM 88130

Commercial Sale, Portales, NM

Property Size6,000 SF
Lot Size0.16 Acres
Price / SF$42.50
Days on Market126

Property Features for 109 S MAIN Ave

General Information

Property type Commercial Sale
Property subtype Retail
Directions Located on the East side of the City Square at 109 S Main
Subdivision New Mexico Mls
Standard status Active
APN 100000000898500
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description PORTALES(ORIGINAL) Block: 11 Lot: SE 4" OF LOT 2, ALL LOT 3
Tax Annual Amount 2339
Legal Description PORTALES(ORIGINAL) Block: 11 Lot: SE 4" OF LOT 2, ALL LOT 3

Utilities

Heating system Electric (Heating), Forced Air, Central

Building Details

Year built 1950
Building materials Block - Cinder
Roof type Flat, Membrane
Listing Agency: Buena Vista Realty
Listed By: Michael Terry · License #REC-2022-1245
Added: May 1 Changed: Sep 3 Last Checked: Sep 3 at 9:06AM
MLS# 20262514

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 6,000-square-foot storefront building at 109 S Main Ave in Portales offers a flexible commercial layout. The property includes an ADA-compliant main level with two restrooms, two separate rooms upstairs suited to storage or meetings, and an additional restroom. A basement provides storage capacity and access to the building’s plumbing systems. The structure was built in 1950 and has block-and-cinder construction, central electric forced-air heating, and a flat membrane roof.

Recent property improvements include updated electrical and plumbing systems and replacement of the roof with TPO membrane material. The building sits on a 0.16-acre parcel on the square in Portales, near the courthouse and local shops. The restaurant business currently operating in the building is not included in the sale.

Key Highlights

  • 6,000 SF storefront building on a 0.16‑acre parcel
  • Updated electrical and plumbing systems
  • TPO membrane roof replacement

Property Analytics

Current Use

The Happy Place (Bike/Boat/Book/etc) Store The Courthouse Cafe LLC Cafe & Coffee Shop The Bow Room Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Law Firm HVAC Service 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

683
Businesses Nearby
43k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Dining 38% Electronics 5% Hotels & Casinos 3%
Taco Bell Dining
6,090 visits/mo 0.5 miles
Pizza Hut Dining
5,856 visits/mo 0.4 miles
Wells Fargo Shops & Services
4,594 visits/mo 0.2 miles
Valero Energy Shops & Services
4,019 visits/mo 0.4 miles
Allsups Shops & Services
3,863 visits/mo 0.4 miles

Demographics for 88130, NM

18,027
Population
7,985
Households
2.3
Avg Household Size
31
Median Age
22%
College-Educated
86%
High-School Grad
632.1 sq mi
ZIP Area
29
Density / Sq Mi
$52,420
Median Household Income
$29,958
Median Earnings
$865
Median Rent
$136,600
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
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Frequently Asked Questions

What type of property is this?
Storefront property - Main-street commercial building with flexible upper-level rooms, basement storage, and recent electrical, plumbing, and roofing improvements.
Where is this storefront property located?
The property is located at 109 S MAIN Ave Portales, NM.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: 6,000 SF storefront building on a 0.16‑acre parcel; Updated electrical and plumbing systems; TPO membrane roof replacement
More about this property
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