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    109 S Main Ave Portales, NM 88130

    For Sale
    $260,000

    Mixed Use - Portales, NM

    Type:Mixed Use
    Property size:
    6,000 SF
    Lot size:
    0.16 Acres
    Days on Market:
    48
    Last Refresh:
    Dec 10 at 12:06 am

    Property Features for 109 S Main Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    100000000898500
    Parking features
    On Street
    Size
    6,000 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Building materials
    Block
    Roof type
    Flat
    Architectural style
    Other

    Buena Vista Realty (575) 226-0671 [email protected]

    Listing agent Michael Terry (575) 226-0671

    Listing date Oct 24, 2025

    MLS# 20242342 Listing URL

    Copyright © 2025 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.

    Overview

    Portales Mixed-Use Building For Sale

    This 6000 square foot building, located on the square in Portales, New Mexico, is available for purchase. The building features updated electrical and plumbing systems, as well as a TPO roofing material. It is ADA compliant and includes two restrooms. Two separate upstairs rooms can be utilized for storage or group meetings, and there is an additional restroom on this level. A basement provides easy access to plumbing and additional storage space. The property is located near the courthouse and local shops, providing access to local clientele. While a restaurant is currently located in the building, it does not convey with the property. The lot size is 0.1607 acres. This building offers ample room to start a business and expand as needed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Happy Place Yarn Store The Courthouse Cafe LLC Cafe The Bow Room Children'S Clothing Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portales
    County
    Roosevelt
    State
    New Mexico
    Longitude
    -103.336894
    Latitude
    34.18646

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    FAQs

    What type of property is this?
    Restaurant - 6000 sq ft mixed-use building in downtown Portales, NM.
    Where is this restaurant located?
    The property is located at 109 S Main Ave Portales, NM.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: - 6000 sq. ft. building provides ample space for business operations and expansion.; - Prime location on the square in Portales with high foot traffic from the courthouse and local shops.; - Updated electrical and plumbing systems.
    (575) 226-0671
    Request Owner's contact information
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    Portales, NM 88130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    109 S Main Ave Portales, NM 88130
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