Turn-Key Mexican Restaurant
For Sale
$775,000
218 S 1st St, Lovington, NM 88260
Spanish adobe restaurant with three main seating rooms, full commercial kitchen, and an expanded newly paved parking lot.
Property SizeContact for details
Days on Market258
Property Features for 218 S 1st St
General Information
Standard status
Active
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$10,861
Building Details
Construction
Spanish adobe
Listing Agency:
Robinson & Associates Real Estate
Listed By:
Robbie Robinson · License #18732
(575) 392-0266
Source:
Exprealty
Added: Dec 22, 2025
Changed: Sep 4
Last Checked: Sep 5 at 12:34PM
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 Robinson & Associates Real Estate
Investment Insights
Based on property information with market context.
This turn-key Mexican food restaurant property features traditional Spanish adobe construction and an enthusiast atmosphere. The layout includes three main seating rooms, along with a private party room in the back corner. A full-service commercial kitchen supports menu service for busy dining periods.
The restaurant and parking are positioned at the center of town in Lovington, NM. An additional bonus parking lot has been newly paved and expanded to accommodate customers.
The offering combines the restaurant facilities with the business opportunity, supported by a proven, established operation with an established reputation.
The restaurant and parking are positioned at the center of town in Lovington, NM. An additional bonus parking lot has been newly paved and expanded to accommodate customers.
The offering combines the restaurant facilities with the business opportunity, supported by a proven, established operation with an established reputation.
Key Highlights
- Spanish adobe restaurant with 3 main seating rooms plus a private party room in the back corner
- Full‑service commercial kitchen designed to serve large crowds
- Expanded parking lot that was newly paved
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
474
Businesses Nearby
60k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 44%
Home Improvements & Furnishings 1%
McDonald's
Dining
18,581 visits/mo
0.2 miles
Dollar General
Shops & Services
8,522 visits/mo
0.2 miles
SONIC Drive In
Dining
8,133 visits/mo
0.2 miles
Family Dollar
Shops & Services
6,006 visits/mo
0.3 miles
Allsups
Shops & Services
5,799 visits/mo
0.3 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Spanish adobe restaurant with three main seating rooms, full commercial kitchen, and an expanded newly paved parking lot.
Where is this conventional restaurant located?
The property is located at 218 S 1st St Lovington, NM.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Spanish adobe restaurant with 3 main seating rooms plus a private party room in the back corner; Full‑service commercial kitchen designed to serve large crowds; Expanded parking lot that was newly paved
