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$1,500,000
26000230 MLS
Looking for a well established and turn key business? For decades, Golden Rule Muffler and Alignment has been an industry leader for automotive repair in Southeastern NM. With a reputation for excellent workmanship and great customer service, Golden Rule has been one of the go to automotive repair shops in Roswell for years. This excellent and well established business is now ready for the new owner to continue the legacy! Everything necessary for the continued success of this business is included with the sale. A complete inventory list and up to date financials are available upon request. Don't miss your opportunity to own this well established and profitable business. Call us today for more information.

120 E Mcgaffey St, Roswell

Listing courtesy of Wilcox Realty.

$700,000
2602319 MLS
Opportunities at this scale, at this price do not linger. At just $30.43 per square foot, 215 W. Fox Street delivers 23,000 square feet of retail and warehouse space in Carlsbad's primary commercial corridor at a fraction of today's replacement cost. Whether the strategy is owner-user occupancy, large-format retail, flex industrial conversion, or value-add repositioning, the numbers work and the location delivers.This is not a speculative play. Carlsbad is an economically anchored market driven by one of the most active oil and gas economies in the country. The Permian Basin does not slow down, and neither does the commercial demand it generates. This property sits at the intersection of proven consumer traffic, established national co-tenancy, and a per-SF basis that is virtually impossible to replicate with new construction.

215 W Fox Street, Carlsbad

Listing courtesy of Berkshire Hathaway Homeservices - NM Properties.

$375,000
20264173 MLS
''Marrn Rojo'' Beautifully updated 2,571-square-foot office building located on the highly visible corner of Auburn Avenue and Apache Street near Downtown Farmington. Originally a classic residence and later converted to medical office space, this unique property combines character with functionality. Situated on 1.86 acres, approximately 1.45 acres are zoned Office & Professional, while the remaining acreage is zoned Single Family-7, offering flexibility for future development or expansion. The interior features a welcoming reception and waiting area with an antique fireplace, spacious entry, covered front deck, reception area, kitchen/break room, 8 private offices, 4 storage rooms, and 2 bathrooms. Current zoning allows a variety of potential uses without rezoning, including medical or professional offices, real estate offices, group care facilities, senior living, daycare, barber or beauty salons, bed and breakfast, and other compatible business ventures. With rezoning, the property may also offer excellent potential for short-term rental or other residential investment opportunities. Additional features include an ADA-accessible side entrance, ample parking with room for RVs, buses, or fleet vehicles, mature shade trees, detached storage shed, central HVAC, and a 40-gallon water heater. This versatile property offers exceptional business, investment, or redevelopment potential in one of Farmington's most accessible locations. Owner will consider carrying loan.

503 N Auburn Ave, Farmington

Listing courtesy of Exp Realty, LLC.

$625,000
26000178 MLS
Offers a prime opportunity for an owner-operator or investor. Zoned Commercial 2 (C-2), the property is designated 3 of 4 support community-scale retail alongside significant residential space, making it a rare find in a high traffic area. The expansive retail space offers an open, airy storefront. The large windows and the open concept layout make it easily adaptable to your brand's needs. A private, spacious living area featuring 1 bedroom, 1 bath with steam shower. Perfect for an owner's suite, employee housing, or a premium rental unit. Property also includes dedicated on-site parking for customers and residents, ensuring easy accessibility. This property represents a unique opportunity to live where you work or capitalize on the growing demand for live-work urban spaces.

1603 W Church St, Carlsbad

Listing courtesy of Dunagan Associates.

$179,900
26000176 MLS
Take advantage of this excellent investment opportunity with a well-maintained commercial property featuring 31 self-storage units. Designed to serve both residential and business customers, this income-producing property offers a variety of unit sizes to accommodate diverse storage needs. The facility provides convenient access, ample drive lanes for easy loading and unloading, and a secure layout that appeals to long-term tenants. With strong demand for self-storage services, this property presents excellent potential for consistent cash flow and future growth. Whether you're looking to expand your investment portfolio or enter the self-storage industry, this turnkey property offers a solid foundation with opportunities to increase occupancy and maximize returns.

517 W 17th St, Portales

Listing courtesy of Burton Realty & Auction, LLC..

$284,900
20264154 MLS
CALL LISTING AGENT FOR APPOINTMENT. NO EXCEPTIONS PLEASE. THIS PROPERTY IS STILL AN OPERATING BUSINESS. THANK YOU Square footage figures are provided as a courtesy estimate only and were obtained from tax office . Buyer is advised to obtain an independent measurement. Fair Housing Notice: This property is offered in accordance with all applicable federal, state, and local fair housing laws. We are committed to providing equal housing opportunities and do not discriminate on the basis of race, color, religion, sex, disability, familial status, national origin, or any other protected class under applicable law. All prospective buyers and tenants are encouraged to inquire about this property regardless of protected status. Equal Housing Opportunity: We are committed to the principles of Fair Housing and Equal Housing Opportunity. All persons are welcome to inquire about this property. This listing is presented without regard to race, color, religion, sex, disability, familial status, national origin, or any other characteristic protected by applicable federal, state, or local law.

4907 Main St S, Roswell

Listing courtesy of Berkshire Hathaway Home Services Enchanted Lands - Roswell.

$780,000
20264083 MLS
834 S. Canal St. in Carlsbad, NM presents a rare opportunity to own a versatile commercial property with a rich history and excellent visibility. Formerly operated as a novelty and specialty retail shop, this location has also served as a bar and restaurant in prior years, showcasing its adaptability for a variety of business concepts. Positioned along a well-traveled corridor, the property benefits from steady local traffic and strong exposure. The flexible layout lends itself to multiple uses, including retail, dining, lounge, or other entrepreneurial ventures. With its established commercial footprint and proven track record, this space is ideal for an owner-user or investor seeking a property with character and potential. Bring your vision and capitalize on this unique location in the growing Carlsbad market. Property being sold As Is.

834 S Canal St, Carlsbad

Listing courtesy of Century 21 Associated Professionals.

$1,400,000
20264013 MLS
Highway Frontage | 2.02 Acres | Income-Producing Commercial Opportunity Exceptional commercial property offering outstanding highway frontage, excellent visibility, and easy access on approximately 2.02 acres. This income-producing investment features a 10,848-square-foot warehouse/office building with covered front parking and secure gated yard areas. The north portion of the building is currently available for lease at $7,000 per month. The tenant is responsible for electricity, their proportionate share of water and gas, and a pro-rata share of property taxes and insurance. The south portion is leased through September 30, 2026, providing immediate rental income while offering future flexibility. A 24-hour notice is required to tour the entire building. Please contact the listing agent for lease details and to schedule a private showing.

3221 National Parks Hwy, Carlsbad

Listing courtesy of Dunagan Associates.

$800,000
20263997 MLS
Exceptional Investment Opportunity with Multiple Income Streams! Unlock the potential of this unique commercial property featuring 60 self-storage units (10' x 10') along with additional office, warehouse, residential, and business-use opportunities. Whether you're looking to expand your investment portfolio or operate your own business while generating rental income, this property offers endless possibilities. For years, the property has successfully operated as a self-storage facility while also serving as the headquarters for a plumbing and electrical business. The site offers ample parking with room for up to 12 service vehicles, making it ideal for contractors, trade businesses, or service-based operations. The main building includes an office, attached 2-car garage, and basement, along with a fully equipped kitchen and full bathroom. This space has previously been utilized as a rental unit and is equipped with a 2-ton mini-split heat pump, creating an excellent opportunity for additional rental income, employee housing, or owner occupancy. Adding even more value is a 25' x 30' Quonset hut currently being converted into a charming on-site casita. Once complete, it will feature an office, kitchenette, full bathroom with shower, stackable washer/dryer hookups, and its own 2-ton mini-split heat pump, providing even more flexibility for residential, office, or rental use. With established self-storage income, multiple functional buildings, generous parking, and room for a variety of commercial uses, this is a rare opportunity to own a versatile, income-producing property with tremendous upside potential. Schedule your private showing today! Call Lanette Rostro for more information 575.200.5954.

2416 W Church St, Carlsbad

Listing courtesy of Berkshire Hathaway Home Services Enchanted Lands - Carlsbad.

$975,000
20261733 MLS
This 12-unit multifamily property located at 212 S Shipp Street in Hobbs, New Mexico offers a fully stabilized investment opportunity with 100% occupancy and consistent in-place income. The property has demonstrated reliable performance with $96,000 in annual rental income and strong tenant demand in the Hobbs market, making it an attractive option for investors seeking immediate cash flow. Financial Overview Annual Rental Income: $96,000 Net Operating Income: ~$67,575 (before debt service) Occupancy: 100% Investment Highlights Fully occupied asset with stable tenant base Consistent income with no current vacancy Located in Hobbs with strong rental demand tied to the energy sector Simple, easy-to-manage property Owner financing available, providing flexible acquisition options Offered at $975,000 (~$81,250 per unit), this is a stabilized multifamily asset with immediate cash flow and flexible financing options in one of Southeastern New Mexico's strongest rental markets.

212 S Shipp St, Hobbs

Listing courtesy of Found Real Estate.

$3,300,000
20261476 MLS
Sunrise Apartments | 32-Unit Multifamily Investment | Hobbs, NM Sunrise Apartments is a 32-unit multifamily community located at 1515 E. Scharbauer in Hobbs, New Mexico, with convenient access and visibility near Seminole Highway, one of the area's primary corridors. The property offers strong in-place income, a desirable unit mix, and consistent rental demand in the Hobbs market. The community consists of 32 units with a unit mix that includes larger floorplans attractive to families and long-term tenants. Unit Mix 16 3 Bedroom units Market rent ~$1,300 8 2 Bedroom units Market rent ~$1,200 8 1 Bedroom units Market rent ~$1,100 Income & Performance Gross Potential Rent: $470,400 annually Actual Rental Income (2025): $440,880 P&L Sunrise 2025 Average Monthly Income: ~$36,740 Actual Economic Vacancy: ~$29,520 (~6.3%) Projected Vacancy (Underwritten): ~7% The property features several amenities including an on-site leasing office, community swimming pool, and shared laundry facility. Select three-bedroom units include in-unit laundry, providing additional convenience and appeal for tenants. Utilities Owner pays water and gas Tenants pay electricity The property is serviced by 7 gas water heaters and has historically maintained stable occupancy with consistent income performance. With strong in-place revenue, larger unit sizes, and convenient highway access, Sunrise Apartments represents a stabilized multifamily investment opportunity with reliable cash flow in the Hobbs market. Offered at $3,500,000 (~$109,375 per unit) with attractive in-place income and modest rental upside based on current market rents.

1515 E Scharbauer St, Hobbs

Listing courtesy of Found Real Estate.

$1,200,000
20245732 MLS
Dunnam Apartments is a 15-unit multifamily property located in Hobbs, New Mexico, offering strong in-place cash flow with significant value-add potential. The property currently generates approximately $164,250 in annual rental income with an estimated NOI of approximately $138,275, providing an attractive ~11.5% cap rate at the $1.2M asking price. The building contains approximately 21,000 square feet across two levels and produces an average rent of approximately $912 per unit, providing investors with opportunities for gradual rent increases. A unique feature of the property is a large downstairs area that could potentially be converted into additional apartment units or repurposed as commercial space, creating additional income opportunities. Preliminary projections indicate the potential for approximately $4,000 per month in commercial lease income with improvements. With strong workforce housing demand in the Hobbs market and additional income opportunities through renovation and repositioning, Dunnam Apartments presents a compelling opportunity for investors seeking both stable cash flow and meaningful upside. Owner financing may be available for qualified buyers.

210 W Dunnam St, Hobbs

Listing courtesy of Found Real Estate.

$1,900,000
20242903 MLS
Energy Plex RV Park is a 45-site RV community located in Lovington, New Mexico, in the heart of the Permian Basin oil and gas region. The property benefits from city utilities, simple operations, and strong demand from long-term tenants working in the regional energy industry. The park currently generates approximately $270,000 in annual gross revenue with an estimated NOI of approximately $202,355, creating a highly attractive ~14.45% cap rate at the $1.4M asking price. Average rents are approximately $600 per site, providing stable income with potential upside through gradual rent optimization. Energy Plex operates with city water, sewer, and utilities, reducing operational complexity and improving long-term investment stability. In addition to the existing park, an additional 20 acres of adjacent land is available for purchase for $500,000, creating a significant opportunity for future RV site expansion or additional workforce housing development. Owner financing is available, providing flexible acquisition options for qualified investors. Energy Plex RV Park represents a compelling opportunity for investors seeking strong cash flow in one of the most active energy regions in the United States.

103 S 17th St, Lovington

Listing courtesy of Found Real Estate.

$950,000
20263060 MLS
Located in the heart of Hobbs, this exceptioal 17,000 sq ft commercial property offers endless possibilities for ministry, business, education, event space, or redevelopment. Established for over 50 years as a thriving church, the property features a spacious 3,200 sq. ft. sanctuary, mulitple office spaces, numerous classrooms, a full kitchen, fellowship hall, and a designated area ideal for a coffee shop or cafe concept. Situated on a large lot with ample parking, this well maintained property provides flexibility for a variety of uses including community center, school, event venue, office conversion, or continued religious use. A rare opportunity to own a landmark property with strong community presence and incredible potential in a prime Hobbs location.

2714 N Dal Paso St, Hobbs

Listing courtesy of United Realty, LLC - Hobbs.

$5,000
20251748 MLS
Great commercial building for sale or lease with lots of updates/upgrades. Completely gutted and remodeled in 2022/2023updates/upgrades are spray foam insulated, new TPO roof, all new plumbing, all new electrical, all new windows, new tankless gas water heater, 2 new AC units and ducting, interior and exterior paint. Items conveying with sale are walk-in cooler/freezer, convection oven, commercial freezer, 3basin sinks with grease trap, hand washing sink, 3 shelf rolling cart, 2 black 4 shelf metal racks, 2 heavy duty 4 shelf racks, 20 4 gallon buckets with lids, 12' conference table, 3 4way displays on wheels 16' wooden counter/bar, security system and ring doorbell. Both address convey in sale 2212W LEA STREET & 615 WELSHIRE STREET. Make your dream business come true in this amazing space! Call Lanette Rostro for more information 575.200.5954.

2212 W Lea St, Carlsbad

Listing courtesy of Berkshire Hathaway Home Services Enchanted Lands - Carlsbad.