Restaurants

Lovington, NM Restaurants for Sale

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Tatum, NM
Restaurant with Commercial Kitchen
Updated: Dec 22, 2025
Restaurant with Commercial Kitchen

218 S 1st St, Lovington, NM 88260

$775,000
2,638 sqft
2,638‑square‑foot restaurant building
Three main seating rooms plus a private party room
Full‑service commercial kitchen
Newly paved and expanded parking lot
Constructed in 1955
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Turn-Key Mexican Restaurant Property
Updated: Dec 22, 2025
Turn-Key Mexican Restaurant Property

218 S 1st St, Lovington, NM 88260

$775,000
Spanish adobe restaurant with 3 main seating rooms plus a private party room in the back corner
Full‑service commercial kitchen designed to serve large crowds
Expanded parking lot that was newly paved
Historic Lovington building with traditional Spanish adobe construction
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lovington, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Drive-Through Restaurant Property
Drive-Through Restaurant Property

1615 W Millen Dr, Hobbs, NM 88240

$2,300,000
2,585 sqft 7.62 AC lot

The 2022 building includes a drive-thru window and large parking area within a developing commercial district.

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Commercial Land with Metal Building
Commercial Land with Metal Building

768 W US Hwy 62-180W, Seminole, TX 79360

$2,800,000
7,350 sqft 20.01 AC lot

Improved acreage includes a metal building with a commercial kitchen, showroom floor, bathrooms, and an adjacent residence.

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Commercial Land with Metal Building
Commercial Land with Metal Building

768 W US Hwy 62-180, Seminole, TX 79360

$2,800,000
20.01 AC lot

Highway frontage includes a commercial kitchen, showroom area, stage, bathrooms, and an adjacent residential structure.

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Starbucks Investment Opportunity in Hobbs
Starbucks Investment Opportunity in Hobbs

1824 Joe Harvey Blvd, Hobbs, NM 88240

Contact for pricing
1,752 sqft

NN Lease Starbucks with drive-thru in Hobbs, NM for sale.

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Lovington, NM Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Lovington, NM on our real estate platform. These investment opportunities span a total of 2,638 square feet of properties for sale, with an estimated market value of $1,550,000.

Sale prices for restaurant properties in Lovington, NM average $775,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2
Commercial kitchens 1

Demographics Overview

Population 15K
Population Growth (5Y) +1.8%
Median Household Income $75,197
College Educated 23.2%

High-Yield Neighborhoods for Investment

Identify Lovington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
88260 $775K

Taxes & Financing

Tax Rate (average for all types) 2.88%
Property Tax per SF $0.55 per SF
Tax Rate vs County Average 0.18 pp above county avg
Average Loan-to-Value 65.0%

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