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Corner-Lot Office Building
For Sale
$165,000

301 S B & 213 W 3rd St., Portales, NM 88130

Commercial Sale, Portales, NM

Property Size1,316 SF
Lot Size0.31 Acres
Price / SF$125.38
Days on Market255

Property Features for 301 S B & 213 W 3rd St.

General Information

Property type Commercial Sale
Property subtype Other
Appliances Water Heater
Directions Directly across on Ave B from Fire Station or corner of Ave B & 3rd street. Located across street from Comfort Inn
Subdivision New Mexico Mls
Standard status Active
APN R007803, R001435, R0
Size 1,316 SF
Lot size 0.31 Acres

Taxes and HOA fees

Tax Description Call listing office for legals or check out documents for information. Parcel # for 3 properties. OFFICE R007803, House R001435, Lot R001439
Tax Annual Amount 1708
Legal Description Call listing office for legals or check out documents for information. Parcel # for 3 properties. OFFICE R007803, House R001435, Lot R001439

Building Details

Year built 1970
Flooring type Wood
Building materials Block - Cinder, Brick, Concrete, Crawlspace, Frame, Log, Masonry, Metal Frame, Siding, Slump Block, Fiberglass, Styrofoam, Clay Tile, Concrete Block, Mission Stone
Roof type Flat
Listing Agency: Buena Vista Realty
Listed By: Koletta D Hays · License #17229
Added: Dec 22, 2025 Changed: Sep 2 Last Checked: Sep 2 at 11:06PM
MLS# 20257124

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.

The offering centers on a 1,316-square-foot office building on a 0.31-acre corner lot, with two additional lots included. Interior improvements comprise a lobby, three separate offices, a vault with shelving, and two bathrooms. The building’s heating and cooling unit has been updated, and the gas line has been moved to the exterior. A metal carport is positioned behind the office.

The property is located at 301 S B and 213 W 3rd St. in Portales, across from the Portales Comfort Inn, Portales Library, and Portales Fire Department. The site also includes a stucco house and garage that have not been inhabited for years; those improvements may be restored or removed by a new owner.

Key Highlights

  • 1,316 SF office building on a 0.31‑acre corner lot
  • Two additional lots included with the office property
  • Lobby, 3 separate offices, vault with shelving, and 2 bathrooms

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Law Firm Skin Care Clinic HVAC Service Catering Service Veterinary 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

718
Businesses Nearby

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?
Office building - Office layout includes a lobby, three separate offices, vault storage, and two bathrooms.
Where is this office building located?
The property is located at 301 S B & 213 W 3rd St. Portales, NM.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 1,316 SF office building on a 0.31‑acre corner lot; Two additional lots included with the office property; Lobby, 3 separate offices, vault with shelving, and 2 bathrooms
More about this property
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