Portales, NM
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    Portales, NM Storefront Properties for Sale

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    Morton, TX
    Main Street Commercial Building For Sale
    $260,000
    6,000 SF
    Main Street Commercial Building For Sale

    109 S Main Avenue, Portales, NM 88130

    6000 sq ft commercial building in downtown Portales, NM.
    • 6000 sq. feet of space provides ample room for business operations and future expansion.
    • Prime location on the square in Portales, benefiting from foot traffic from the courthouse and local shops.
    • Updated electrical and plumbing systems.
    • New TPO roofing material.
    • ADA compliant with two restrooms.
    Updated: Apr 22, 2024
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    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.

    Remodeled Commercial Space, Hale Center
    $85,000
    1,144 SF
    Remodeled Commercial Space, Hale Center

    Remodeled commercial space suitable for business or residential use.

    117 W 4th Street, Hale Center, TX 79041

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    Retail Property on West Cleveland
    $939,320
    8,320 SF
    Retail Property on West Cleveland

    Retail property with corporate guarantee and high visibility.

    206 W Cleveland St, Hale Center, TX

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    Retail Building on West 19th
    Contact for pricing
    4,245 SF
    Retail Building on West 19th

    4,000 SF retail building with acreage for sale.

    8116 19th St, Lubbock, TX 79407

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    Prime Retail Opportunity on 19th
    Contact for pricing
    4,000 SF
    Prime Retail Opportunity on 19th

    Move-in ready retail building with acreage and high visibility.

    8116 19th Street, Lubbock, TX 79407

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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.

    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

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    Prime Retail Land in Lubbock
    $719,784
    0.92 Acres
    Prime Retail Land in Lubbock

    0.92 acre retail land in a rapidly developing area.

    502 Milwaukee Avenue, Lubbock, TX 79424

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    Wolfforth Commercial Land For Sale
    $449,000
    54,014 SF
    Wolfforth Commercial Land For Sale

    Prime commercial land in Wolfforth, TX, with utilities included.

    405 N Dowden Road, Wolfforth, TX 79382

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    Wolfforth Commercial Land For Sale
    $149,000
    0.53 Acres
    Wolfforth Commercial Land For Sale

    Commercial land in Wolfforth, Texas, with utilities and C-1 zoning.

    200 FM 179, Wolfforth, TX 79382

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    Portales, NM Storefront Properties Investment Opportunities Market Analysis

    Explore 1 storefront properties for sale in Portales, NM on our real estate platform. These investment opportunities span a total of 6,000 square feet of properties for sale, with an estimated market value of $260,000.

    Sale prices for retail units in Portales, NM start at $260,000, averaging $260,000, and reaching up to $260,000 — 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

    Auto shops 2
    Automotive properties 2
    Banks 1
    Showrooms 1
    Storefront 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 median listing prices of real estate assets

    Neighborhood Average Price
    88130 $260K

    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%

    Total CRE Area on Market Trend

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