Add Listing
    Portales, NM
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Portales, NM Restaurants for Sale

    Notify Me
    List
    Map
    Causey, NM Morton, TX Bledsoe, TX
    Former Sonic Drive-In For Sale
    $299,000
    1,300 SF

    Former Sonic Drive-In For Sale

    304 N Chicago Ave, Portales, NM

    Well-positioned drive-in restaurant with infrastructure ready for occupancy.

    • Top‑performing former Sonic location with infrastructure ready for occupancy.
    • Located along the primary retail corridor in Portales.
    • High‑demand drive‑in with 27 drive‑in order stalls.
    • Great visibility from north & southbound traffic (9,500 cars per day).
    • Desirable hard‑corner lot with drive‑thru potential.
    Updated: Nov 15, 2024
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Portales, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Hereford Commercial Property on Corner
    $350,000
    0.57 Acres

    Hereford Commercial Property on Corner

    Corner lot with high traffic, great business potential.

    316 N 25 Mile Avenue, Hereford, TX 79045
    View details
    Hereford, TX Commercial Property
    $399,000
    4,884 SF

    Hereford, TX Commercial Property

    Versatile commercial property with high ceilings and rustic charm.

    344 E 3rd Street, Hereford, TX 79045
    View details
    Turnkey Diner Opportunity in Edmonson
    $95,000
    3,060 SF

    Turnkey Diner Opportunity in Edmonson

    Immaculate diner with equipment, mobile home, and highway frontage.

    203 W 1st, Edmonson, TX 79032
    View details
    Turnkey Diner Opportunity
    $110,000
    3,060 SF

    Turnkey Diner Opportunity

    Fully equipped diner with living quarters on multiple lots.

    203 W 1st St, Edmonson, TX 79032
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land in Clovis, NM
    $499,000
    0.64 Acres

    Commercial Land in Clovis, NM

    Commercial land with frontage on Prince Street, suitable for development.

    1720 N Prince Street, Clovis, NM 88101
    View details
    Commercial Lot in High-Traffic Area
    $470,000
    0.87 Acres

    Commercial Lot in High-Traffic Area

    Cleared 0.86-acre lot suitable for retail or restaurant development.

    620 E 21st Street, Clovis, NM 88101
    View details
    Commercial Land in High-Traffic Area
    $115,000
    0.73 Acres

    Commercial Land in High-Traffic Area

    0.73-acre commercial land with high visibility and full utilities.

    125 W Llano Estacado Boulevard, Clovis, NM 88101
    View details
    Lubbock Land Hard Corner Location
    $2,400,000
    8.50 Acres

    Lubbock Land Hard Corner Location

    Hard corner location zoned C-2 near expanding residential development.

    4th Street, Lubbock, TX 79416
    View details

    Portales, NM Restaurants Investment Opportunities Market Analysis

    Explore 1 restaurants for sale in Portales, NM on our real estate platform. These investment opportunities span a total of 1,300 square feet of properties for sale, with an estimated market value of $299,000.

    Sale prices for restaurant properties in Portales, NM start at $299,000, averaging $299,000, and reaching up to $299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Drive through restaurants 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +1.0%
    Median Household Income $52,420
    College Educated 15.4%

    Taxes & Financing

    Tax Rate (average for all types) 2.62%
    Property Tax per SF $41.22 per sq ft
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Popular Searches in Portales, NM

    Popular Categories

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!