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721 1st St E, Clovis
$290,000
26000902 MLS
Prime commercial opportunity in a highly desirable and strategically located area of Clovis, NM! This fully functional and equipped dispensary building offers an excellent opportunity for an established operator, investor, or entrepreneur looking for a turnkey commercial property. Situated on a generously sized lot, the property provides valuable space, functionality, and flexibility for a variety of business needs. The existing setup allows for a streamlined transition for a qualified buyer, while the location offers excellent visibility and accessibility within a growing area of Clovis. A rare opportunity to acquire a well-positioned commercial property with substantial potential. Bring your vision and take advantage of this established space!

721 1st St E, Clovis

Listing courtesy of Better Homes & Gardens Real Estate Experience.

400 W Pine St, Deming
$600,000
26000878 MLS
Prime visibility meets established potential at 400 W Pine St, a commercial property positioned along one of Deming's recognizable main street. Offered for sale, this versatile building combines prominent street frontage and central location, convenient customer access, and parking along both the front and side. Built in 1969 and remodeled in 1993, the property is reported at approximately 6,600 square feet overall. The remodeled main building encompasses 5,424 square feet, complemented by an approximately 1,800-square-foot basement. Its existing configuration reflects its history as an established business and offers a practical foundation for retail, specialty sales, service-based operations and a showroom. Five dressing rooms, restroom, an office with dedicated space for management and administration. A downstairs storage area add everyday utility, and two refrigerated-air systems help maintain a comfortable environment for customers and staff. The basement expands the possibilities for inventory, records, equipment, or back-of-house functions. The downtown setting, with easy access to Hwy 10. Surrounded by community activity and established destinations, this address offers visibility and accessibility for an owner-user or investor. Contact us directly for additional information or to arrange a private tour.

400 W Pine St, Deming

Listing courtesy of Deming Realty Co., LLC..

800 Pile St, Clovis
$889,000
26000838 MLS
Prime Downtown Clovis New Mexico Investment Opportunity | Stabilized Income with Significant Value-Add Potential. Positioned just steps from the courthouse in the heart of town, this 12,400 square foot two-unit commercial property offers immediate cash flow with substantial upside. Ideal for investors seeking strong returns or owner-users looking for a flagship location, this asset combines stability, scale, and opportunity. Unit 1 consists of a 6,700 square foot professional office complex currently leased to the Public Defender's Office on a 15-year lease through 2037, with an option extending to 2042. The lease renews annually on June 1 with 3% increases, with the lessor responsible for utilities, insurance, and taxes. Even with only one unit occupied, the property is producing approximately an 8% cap rate. Recent improvements include replacement of all three HVAC units and fresh exterior paint. The space is in excellent condition and includes a secure public entry and waiting area, two public restrooms, three reception areas, fifteen private offices, four records/storage rooms, two employee restrooms, a board room, meeting room, and a kitchen/breakroom with stove, oven, refrigerator, microwave, and sink. The property also provides 27 off-street parking spaces. Unit 2 is a 5,700 square foot historic 1930s brick building full of character and ready for renovation. Featuring hardwood floors, high ceilings, fireplaces, and an open floor plan, this space presents a compelling value-add opportunity. Its proximity to the courthouse makes it well suited for professional office use such as a religious institution, private law firm, mediation center, title company, CPA or financial services office, bail bonds, consulting firm, or co-working space. The building's classic brick architecture and downtown presence also lend themselves to creative repositioning as a restaurant, bar, event venue, boutique retail space, or specialty business seeking a distinctive. Includes 17 off-street parking spaces. This property offers a rare combination of long-term government tenancy, built-in annual rent increases, ample parking, and untapped potential in a prime downtown setting. With stabilized income already in place and significant room to increase NOI through renovation and lease-up of Unit 2, this is a strategic investment opportunity in the Clovis commercial market. Additional financial details available.

800 Pile St, Clovis

Listing courtesy of Exp Realty, LLC.

108 A Ave S, Portales
$350,000
26000816 MLS
Prime commercial opportunity in the heart of the downtown historic area! This impressive 6,000+ square-foot commercial building is currently operating as a well-equipped gym and offers a versatile layout with excellent potential for a variety of business uses. The property features a great selection of gym equipment, spacious workout areas, locker rooms, a sauna, and an upstairs office. The combination of size, location, existing improvements, and amenities makes this a unique opportunity for an owner-user, investor, or entrepreneur looking to establish or expand a business in a high-visibility historic downtown setting. Bring your vision and take advantage of this established commercial space with plenty of possibilities!

108 A Ave S, Portales

Listing courtesy of Burton Realty & Auction, LLC..

221 Principal Street Unit # 1-3, La Mesa
$500,000
2602664 MLS
Opportunity awaits in the heart of La Mesa. Situated on a spacious approximately 0.65 acre corner lot directly across from the baseball stadium and church, this property offers a unique combination of commercial space, warehouse capacity, and rental opportunities. The approximately 2,090 SF storefront provides a versatile space for a variety of business uses and connects directly to approximately 3,200 SF of warehouse space, offering room for storage, operations, or additional business needs. Adding to the property's versatility are three potential rental spaces, including a 1 bedroom/1 bath, 2 bedroom/1 bath, and studio unit. The property is fully fenced and offers yard space, providing flexibility for outdoor storage, business activities, or other permitted uses. With its prominent corner location, central La Mesa setting, combination of storefront and warehouse space, and potential rental areas, this property offers multiple possibilities for an owner-user or investor.

221 Principal Street Unit # 1-3, La Mesa

Listing courtesy of EXIT Realty Horizons.

615 Carlton Ave S, Farmington
$815,000
26000698 MLS
ATTENTION INVESTORS | STABILIZED NNN INDUSTRIAL ASSET w/ LONG-TERM TENANT. Fully leased, income-producing industrial property offering immediate cash flow, average 9% cap rate, & long-term investment stability. This turnkey asset is occupied by an established tenant operating under a 5-year municipal contract w/ a corresponding 5-year lease that commenced 1/1/24. Both the contract & lease include 5-year renewal options, & the tenant has historically renewed in prior terms, creating strong potential for continued occupancy, although future renewals cannot be guaranteed. Built-in revenue growth through 3% annual rent escalations. Current 3rd year base rental income is $82,750 annually, making this an attractive passive investment opportunity. Situated on 3.287 fully fenced industrial-zoned acres w/ electronic gated access & approximately 10,892sf of improvements. Building A encompasses 5,600sf. Approximately 2,800sf was extensively renovated in 4/24 & features a reception area, 7 offices, a conference room, a break room w/ stove, fridge & sink, as well as 2 ADA restrooms. The remaining 2,800sf is heated warehouse space w/ 2 overhead roll-up doors. Building B provides 600sf of enclosed light-duty metal storage along w/an attached 1,200sf partially enclosed covered storage area. Building C contains 3,492sf of adaptable space including a large meeting or training room, 3 offices, 2 bathrooms, heating & evaporative cooling, attached warehouse space & 2 covered porticos. Significant capital improvements have already been completed, reducing near-term maintenance concerns & enhancing long-term asset value. Recent upgrades include a new roof on Building A installed by DKG & Associates 6/24 & covered by warranty, a new heating system installed by Farmington Heating in 10/22, updated evaporative cooling systems, fence replacement, door repairs & complete office remodel.

615 Carlton Ave S, Farmington

Listing courtesy of Exp Realty, LLC.

8835 Highway 187, Garfield
$130,000
2602608 MLS
Your opportunity to own your own multi-family space, build your home, and/or business! This property offers connections for up to 3 structures or mobile homes with utility connections. One previous mobile home was connected to the elevated room that was used as an entry space. The large shop, built in 1983, offers 2,060 square feet with metal roof, roll up garage doors and a shaded carport area that measures approximately 40' x 20'. On the side of the shop you will find what used to be a convenience store, built in 1940, with a 1/2 bath inside, and one 1/2 bath around the corner outside. There is an additional 600 square foot storage area with electricity connections, a small carport with a side storage area, and a stand alone carport. Property is conveniently located across from school, and just minutes from interstate access, Hatch shopping and business center. Property is zoned for residential, multi-family and commercial use!

8835 Highway 187, Garfield

Listing courtesy of EXIT Realty Horizons.

863 Highway 35, Lake Roberts
$539,000
41763 MLS
Escape to the Gila! 7-unit Inn near Lake Roberts, surrounded by 3.3M acres of National Forest. A peaceful retreat with fully furnished units, caretaker housing & a stylish hospitality pavilion w/ firepits & cozy outdoor seating. Minutes to the lake, Gila River, Hot Springs & Gila Cliff Dwellings. Under an hour to Silver City or City of Rocks. And an easy weekend getaway from El Paso, Tucson & Las Cruces. This Inn has been converted to seven "AirBnB Style" units with booking online via direct booking site, AirBnB, and VRBO; self check-in/check-out; automated messaging; etc.. Commercial level Starlink system powers this remote location with high speed wireless WiFi. Well pump and pump house system upgraded August 2026.

863 Highway 35, Lake Roberts

Listing courtesy of eXp Realty, LLC.

5155 Del Rey Boulevard, Las Cruces
$1,100,000
2602547 MLS
Owner financing available- 10.166 Acres Zoned C-2Don't miss this rare opportunity to own 10+ acres of land zoned C-2, offering flexible commercial development potential.Located just 1 mile from the I-25 freeway exit, the property is easily accessible via paved roads and offers outstanding visibility from I-25. A billboard on-site provides monthly income, adding immediate value for investors.The property includes a 3 bedroom, 2 bathroom, 1,798 sq ft mobile home, perfect for an office or residence, plus a large carport and multiple detached shops ideal for storage or workspace. Equestrian features include a roping arena and horse pens with shades, providing versatility for additional uses or income streams.Whether you're looking to develop, expand a business, or invest in a high traffic location, this property offers endless potential.

5155 Del Rey Boulevard, Las Cruces

Listing courtesy of United Country Salopek Realty.

1512 Prince St N, Clovis
$250,000
26000545 MLS
Prime visibility and versatile commercial space on high-traffic N Prince St! This well-located commercial building offers an excellent opportunity for a variety of businesses, with a flexible layout that can be customized to fit your needs. The property features a large, open main space ideal for retail, showroom use, office space, or a variety of workspaces. Two corner rooms provide additional flexibility, including one with receptionist-style windows that would work well for a front office, customer service area, or reception space. Additional amenities include two restrooms, a break room, multiple smaller storage rooms, and plenty of space to configure the building to suit your business operations. With its high-traffic location and adaptable floor plan, this property is well-suited for retail, professional services, office users, service businesses, or other commercial ventures seeking strong visibility and functional space. Offered for sale, with the owner also willing to consider a lease. Bring your business vision and make this versatile property work for you! Square footage figures are provided as a courtesy estimate only and were obtained from County Assessor public records . Buyer is advised to obtain an independent measurement.

1512 Prince St N, Clovis

Listing courtesy of Town & Country Real Estate, Inc..

1600 W Santa Fe Ave, Grants
$249,000
26000497 MLS
An exceptional opportunity to own a well-established commercial property in one of Grants' most recognizable locations on Historic Route 66. Ideally situated on a highly visible corner lot of over one acre near the I-40 off-ramp, this approximately 5,000-square-foot restaurant offers outstanding exposure, easy accessibility, and exceptional potential. Designed for efficiency and success, the property features a fully equipped commercial kitchen, spacious dining area with generous seating capacity, and a convenient drive-thru window to accommodate today's dine-in and takeout customers. The expansive site provides abundant parking and offers room for future expansion or additional business possibilities. Whether you're an experienced restaurateur, investor, or entrepreneur ready to bring a new dining concept to the community, this turnkey property provides the ideal foundation. Its premier Route 66 location benefits from both local patronage and year-round interstate and tourism traffic, making it an outstanding investment opportunity. Properties with this level of visibility, accessibility, and established commercial presence are rarely available. Bring your vision and make this iconic Route 66 destination your own! Square footage figures are provided as a courtesy estimate only and were obtained Cibola County Assesor. Buyer is advised to obtain an independent measurement.

1600 W Santa Fe Ave, Grants

Listing courtesy of Riverwalk Realty LLC.

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