523 University St Portales, NM 88130
- Commercial real estate
- 5,220 SF
- 0.62 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 523 University St
- Lot size
- 0.62 lot acres
- Property size
- 5,220 SF
- Property type
- Commercial real estate
Description
This exceptional 5,220 square foot commercial building presents a unique investment opportunity in Portales, New Mexico. Situated on a 0.62-acre lot at 523 W University Street, this brick structure offers expansive paved parking, making it highly accessible. The interior boasts a spacious layout with several prep areas, perfect for a variety of uses. Imagine the possibilities: a daycare center, senior event space, pet store, or even a sandwich shop. The building's versatility is further enhanced by a charming courtyard, a sizable stage area, and ample room for activities like dancing, card games, or dominoes. The property's location offers a degree of seclusion while remaining conveniently close to the main thoroughfare. The substantial square footage allows for significant customization to suit any business plan. This is a rare chance to acquire a well-maintained building with considerable potential in a desirable location. The property is priced at $225,000 and is ready for immediate occupancy. Don't miss this chance to transform this versatile space into your dream business.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portales
- County
- Roosevelt
- State
- New Mexico
- Longitude
- -103.336
- Latitude
- 34.1785
