Retail

Portales, NM Retail Properties & Spaces for Sale

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Causey, NM Morton, TX
Storefront Building with Adjacent Lot
Updated: Apr 20
Storefront Building with Adjacent Lot

215 E 2nd St, Portales, NM 88130

$299,000
2,718 sqft
2,718‑square‑foot storefront building
Two retail areas and five additional rooms
Interior includes a restroom, kitchen, vault, and storage closet
Paved parking and camera and security equipment
Approximately 7,500‑square‑foot building lot plus an adjacent vacant lot of approximately 10,500 square feet
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Automotive Shop with Truck Access
Updated: Sep 23
Automotive Shop with Truck Access

1013 W Spruce W, Portales, NM 88130

$190,000
0.42 AC lot
4,056 Sq. Ft. commercial building on 0.42 acres
M‑1 zoning
Two roll‑up doors plus a larger truck‑clearance door
Separate enclosed area for smaller or specialized work
Upstairs storage, office, and half bath
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Cannabis Retail Property with Auto Bay
Cannabis Retail Property with Auto Bay

1301 S Ave D, Portales, NM 88130

$140,000
1,848 sqft 0.41 AC lot

Adaptable commercial building with a drive-through window, secured rear yard, and flexible retail and service functionality.

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Updated Flex Building with Expansion Lot
Updated Flex Building with Expansion Lot

215 E 2nd ST, Portales, NM 88130

$299,000
2,718 sqft 0.41 AC lot

Flexible commercial layout includes retail areas, private rooms, kitchen, vault, storage, and paved parking.

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Updated Storefront Building with Basement
Updated Storefront Building with Basement

109 S MAIN Ave, Portales, NM 88130

$255,000
0.16 AC lot

Main-street commercial building with flexible upper-level rooms, basement storage, and recent electrical, plumbing, and roofing improvements.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 5 Active listings in Portales, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 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.

Operational Auto Repair Shop
Operational Auto Repair Shop

221 Jones St, Clovis, NM 88101

$180,000
1,280 sqft

Auto service property with lift capacity, office space, a shower-equipped bathroom, and adaptable rear support space.

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Maverik Absolute NNN Ground Lease
Maverik Absolute NNN Ground Lease

3500 W 7th St, Clovis, NM 88101

$1,400,000
3.17 AC lot

A single-tenant site combines a convenience store, fuel canopy, and dedicated high-flow diesel truck lanes.

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Commercial Sale
Commercial Sale

400 N Hull ST, Clovis, NM 88101

$155,000
4,000 sqft

Auto shops · 4,000 SF

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Five-Unit Strip Center
Five-Unit Strip Center

1515 N Prince St, Clovis, NM 88101

$575,000

Partially occupied retail center with a rehab-ready configuration along Prince Street.

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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.

1.5 Acre Development Site
1.5 Acre Development Site

2201 W Grand Ave, Clovis, NM 88101

$49,888
1.50 AC lot

1.5 acre development site in Clovis, NM for sale.

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Off-Market Properties in Portales, NM

Consider similar Off-Market properties in Portales, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Portales, NM Retail Properties & Spaces Market Trends and Statistics

Explore 6 retail properties & spaces for sale in Portales, NM, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 7,284 square feet of properties for sale, with an estimated market value of $1,183,000.

Sale prices for stores in Portales, NM start at $140,000, averaging $236,600, 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 4
Auto shops 1
Automotive properties 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
88130 $236.6K

Taxes & Financing

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

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