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Storefront Building with Basement

109 S MAIN Ave, Portales, NM 88130

For Sale
$255,000

Commercial Sale, Portales, NM

Property Size6,000 SF
Lot Size0.16 Acres
Price / SF$42.50
Days on Market197

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

Amenities

updated electrical and plumbing
TPO roofing
ADA compliant with two restrooms
two separate upstairs rooms
basement

Building Details

Year built 1950
Building materials Block - Cinder
Roof type Membrane, Flat
Buildings 1
Listing Agency: Buena Vista Realty
Listed By: Michael Terry · License NM REC-2022-1245
Added: May 1 Changed: Nov 4 Last Checked: Nov 13 at 8:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This 6,000-square-foot storefront building dates to 1950 and sits on a 0.16-acre lot. Improvements include updated electrical and plumbing, a replaced TPO roof, and ADA compliance. The main level has two restrooms. Two upstairs rooms provide additional space, with another restroom on that level; a basement offers storage and access to plumbing. The restaurant currently operating in the building is not included in the sale.

The property is on the square in Portales, near the courthouse and local shops. The setting draws pedestrian activity from those nearby destinations.

Key Highlights

  • 6,000‑square‑foot storefront on a 0.16‑acre lot
  • Updated electrical and plumbing
  • Replaced TPO roof

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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.

Lease Details

Yes
Utilities to site

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
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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Updated electrical and plumbing serve an ADA-compliant building with multiple levels of usable space.
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‑square‑foot storefront on a 0.16‑acre lot; Updated electrical and plumbing; Replaced TPO roof
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