805-819 Avenue C Pl Portales, NM 88130
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 805-819 Avenue C Pl
- Year built
- 1992
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a five-unit retail shopping center ideally situated in the heart of Portales, New Mexico, at 805-819 S Avenue C Place, zip code 88130. Built in 1992, this property boasts a total of 4732 square feet and currently enjoys four active leases, including the established Juanitos restaurant. One unit is currently vacant, presenting a unique chance for immediate income generation or strategic tenant placement. The property's central location within Portales ensures high visibility and accessibility for businesses, attracting a steady stream of customers. The asking price for this well-maintained retail center is $460,000. This represents a compelling investment opportunity in a thriving New Mexico community. The property is classified as both retail and office space, offering flexibility for a diverse range of tenants. Detailed lease information and financial records are available upon request. This is a rare chance to acquire a well-established retail center in a desirable location with significant potential for growth and return on investment. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portales
- County
- Roosevelt
- State
- New Mexico
- Longitude
- -103.334
- Latitude
- 34.1794
