Property summary
This exceptional 3,500 square foot retail space, situated on a 0.08-acre lot at 107 S. Main Avenue in downtown Portales, New Mexico, presents a unique opportunity for a variety of businesses. Previously used as a dispensary, the property boasts several attractive features perfectly suited for retail or service-oriented enterprises. The space includes unique display cases, ideal for showcasing merchandise, along with ample office space to manage daily operations. Security is a key feature, with two large safes and a comprehensive security system already in place. A recently installed HVAC system ensures year-round comfort for both employees and customers. The property also offers two bathrooms for convenience. Significant storage is available, including a sizable warehouse area perfect for inventory or equipment, and additional storage space located upstairs in a loft area. This loft space offers further versatility, potentially serving as extra office space or additional display area. The property's prime downtown location ensures high foot traffic and excellent visibility, maximizing exposure for your business. This is a rare opportunity to acquire a well-equipped and strategically located commercial property in the heart of Portales. The asking price is $161,000.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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