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Updated Flex Building with Expansion Lot
New
For Sale
$299,000

215 E 2nd ST, Portales, NM 88130

Flexible commercial layout includes retail areas, private rooms, kitchen, vault, storage, and paved parking.

Property Size2,718 SF
Lot Size0.41 Acres
Price / SF$110.01
Days on Market3

Property Features for 215 E 2nd ST

General Information

Standard status Active
Size 2,718 SF
Lot size 0.41 Acres

Additional Details

Road Access Yes

Amenities

cameras
security equipment
kitchen
vault

Building Details

Buildings 1
Building Size 2,718 SF
Listing Agency: Town & Country Real Estate, Inc.
Listed By: Brian Essex · License #REC-2024-0356
Source: Homesteaders-realty
Added: Sep 5 Last Checked: Sep 6 at 8:59AM

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 Town & Country Real Estate, Inc.

Investment Insights

Based on property information with market context.

This updated flex property at 215 E 2nd ST in Portales includes a 2,718-square-foot building on an approximately 7,500-square-foot lot. The interior combines two substantial retail areas with five additional rooms, a restroom, kitchen, vault, and storage closet, supporting a range of commercial configurations. Paved parking provides on-site access for customers and staff, while cameras and security equipment are included.

An adjacent vacant lot of approximately 10,500 square feet expands the site footprint and may support additional parking, expansion, or future development. Positioned along the main thoroughfare through Portales, the property receives traffic flow from both directions and offers prominent exposure for an operating business.

Key Highlights

  • 2,718 sq ft updated flex building
  • Two large retail spaces plus five additional rooms
  • Approximately 7,500 sq ft lot with paved parking

Property Analytics

Current Use

Pecos Valley Production ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Dental Office Pharmacy Skin Care Clinic HVAC Service Computer & Electronic Repair

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
Paved road access

Location Intelligence

Trade Area within ½ mile

603
Businesses Nearby
Under-served
Demand for This Use

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flexible commercial layout includes retail areas, private rooms, kitchen, vault, storage, and paved parking.
Where is this flex space located?
The property is located at 215 E 2nd ST Portales, NM.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 2,718 sq ft updated flex building; Two large retail spaces plus five additional rooms; Approximately 7,500 sq ft lot with paved parking
More about this property
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