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2324 W Pierce St, Carlsbad
$4,140,000
20263015 MLS
Prime Investment opportunity in Carlsbad featuring two commercial buildings totaling 19,628 square feet, both secured with newly executed triple net (NNN) leases that include annual rental increases-providing immediate, stable cash flow. The 8,428 SF office building is well-appointed with a professional lobby, full kitchen, two sets of restrooms, 24 private offices, four large conference rooms, and multiple storage areas- ideal for administrative or corporate use. The adjacent 11,200 SF building functions as a climate-controlled medical warehouse, offering specialized infrastructure for long-term tenant retention. Both properties have been updated and offer ample on-site parking, enhancing tenant satisfaction and usability. Priced to deliver approximately a 9% cap rate, this asset presents a compelling blend of strong in-place income, quality improvements, and long-term lease security in a high-demand commercial corridor.

2324 W Pierce St, Carlsbad

Listing courtesy of Dunagan Associates.

158 Bridge St, Las Vegas
$485,000
20262975 MLS
Located on Historic Bridge Street walking distance from the beautiful Plaza Park. Welcome to Beautiful Historic Las Vegas. This commercial is beautifully restored with modern upgrades ready for a number of potential business opportunities. 1st floor has a small office/storage under the stairs. A large showroom/retail space with large windows for many beautiful displays. A cute stage/display and behind all that is the office, work space for the shop with a bathroom. Upstairs there are 4 offices a kitchenette two bathroom areas one with a shower and the other bathroom includes a washer/dryer unit. Outdoor inclusions are 3-4 outdoor parking spaces, some separation fencing from the neighbors, and lovely matures trees for shade. The Acequia Madre is also a nice outdoor features in the adjacent property.

158 Bridge St, Las Vegas

Listing courtesy of LPT Realty.

Us-64 Ferrari Rnch, Bloomfield
$260,000
20263023 MLS
''Ferrari Affluence'' SELLERS WILLING TO FINANCE! Welcome to an exceptional opportunity in Bloomfield, New Mexico! This prime commercial land boasts a highly desirable feature - very level and clear highway frontage along Highway 64. The property comes equipped with irrigation, ensuring optimal possibilities for various business ventures. Spanning 1.78 acres, this parcel is a canvas for bringing your entrepreneurial dreams to life. The zoning designation as community commercial opens up a myriad of possibilities for potential businesses. Whether you envision a retail establishment, service-oriented business, or a combination of both, this location provides a strategic and visible position for attracting customers. The property offers not only a lucrative business prospect but also a seller who is willing to explore creative financing options. This flexibility opens the door for a variety of arrangements, making your dream business more attainable than ever. Situated in the thriving community of Bloomfield, this commercial land is poised for success. Take advantage of the clear highway frontage, level terrain, and the potential for irrigation to create a business that stands out in this vibrant area. Don't miss the chance to turn your aspirations into reality with this outstanding commercial land opportunity on Highway 64. Act now and make your mark in Bloomfield!

Us-64 Ferrari Rnch, Bloomfield

Listing courtesy of Exp Realty, LLC.

665 Nm Highway 518 High, Cleveland
$239,000
1 Baths ⋅ 20262889 MLS
Unique opportunity with Live/Work potential in the heart of the Mora River Valley! Formerly BJ's Cafe the property features c. 1887 sq ft structures all on approximately 1.75 acres: great access with lots of road frontage on the paved NM Highway 518, plenty of parking, lovely views, and the Rio La Casa flowing through one corner with water rights banked with the Acequia de los Martinez. The improvements consist of a 1971 MH home with an addition connected to an old 2 room adobe via a breezeway - the MH was converted for restaurant use, with what was once a commercial kitchen, bedroom, storeroom, bath and main front room which connects to the bright and airy front addition. The rear adobe rooms are a delight - very large with high ceilings (exposed Vigas in one, exposed beams in the other!) Suitable for so many possible uses - artist live/work; offices and extensive storerooms for any business; or convert to a rural homestead!

665 Nm Highway 518 High, Cleveland

Listing courtesy of Home & Land Professionals.

513 Sixth St, Las Vegas
$625,000
20262606 MLS
This 12,126 sq. ft commercial property features a two-story stone/brick structure which was a former bank and office spaces located in the Main Street District of Las Vegas, NM. This property has a colorful history with its origin as the two-story Italianate designed Union Block built in 1881. Its ornate bracketed cornices, and tall, arched windows define it. This design was common in Midwestern and Victorian-era streets such as this one in Las Vegas. In the past, the 6,860 sq. ft. main level was home to Edward G. Murpheys drug store, Graaf & Hayward grocery store, the Las Vegas 5 and Dime Variety Store, and Cellers dry goods. The Investment and Agency Corporation and law offices were located on the 5,266 sq. ft. second level. The storefront features large display windows. Today, this style has brought dramatic romantic flair to this former bank, and office spaces. Call for a showing of this fascinating property.

513 Sixth St, Las Vegas

Listing courtesy of Pueblo Del Sol.

109 S Main Ave, Portales
$255,000
20262514 MLS
If you wanted to own your own business now is the time. The building located at 109 S Main is for sale. The building features 6000 sq. feet giving you ample room to start a business and expand as you need. The building has updated electrical and plumbing. The roof has been replaced with the TPO roofing material. The building is ADA compliant with two restrooms. There are two separate upstairs rooms that can be used for storage or group meetings with one restroom. A basement makes easy access to the plumbing and can be used for storage. Currently there is restaurant located in the building but does not convey with the property. Located on the square in Portales with foot traffic from the courthouse and local shops giving you access to a local clientele. This building is a must see with an excellent location. Give us a call at 575-226-0672 to schedule your viewing ,

109 S Main Ave, Portales

Listing courtesy of Buena Vista Realty.

669 Terrace Ave, Chama
$725,000
20262516 MLS
Location! Location! Location! Looking to start your new adventure or investment? Look no further! This little gem is located downtown in the Village of Chama, in the Northern New Mexico Mountains. Currently being used as a restaurant and retail store, that's right, this property has Two spaces!! The options could be endless. The restaurant side can seat up to 60 plus customers and all equipment and furniture will convey with the sale. Turn Key! The other side is currently a retail store but had previously been a hair salon. Use this space or rent it out for monthly income. There is private parking in the back. Also included will be the upgraded security system. This could be a great opportunity for someone looking to run their own business.

669 Terrace Ave, Chama

Listing courtesy of Rooted Realty Co..

1713 Se Main St, Roswell
$329,900
20262399 MLS
SELLER WILL CONSIDER OWNER FINANCING! Commercial Opportunity – High Traffic Location! Looking for the perfect space to grow your business? This recently remodeled commercial building offers excellent visibility and high traffic exposure, making it ideal for a wide range of uses! Features: • Versatile space for office, retail, or restaurant conversion • Large open areas for flexible layouts & multiple uses • Handicap accessible for convenience and compliance • Updated interior – move-in ready! • Adjoins with access to the building to the north (1711 SE Main), also for sale - expand your footprint and maximize potential! Whether you're launching a new venture or expanding your current business, this property offers the location and flexibility you need to succeed.

1713 Se Main St, Roswell

Listing courtesy of Wilcox Realty.

601 S 1st St, Artesia
$495,000
20262032 MLS
Formerly a well-known steakhouse, this versatile commercial property offers an exceptional opportunity in a highly desirable location. The steel-constructed building with a classic brick front facade combines durability with timeless curb appeal. Inside, the space has been completely cleared out, providing a blank canvas ready for your vision. The layout includes a large open main area, additional side spaces, a designated meeting area, and a spacious former kitchen and grill section - ideal for redevelopment or repurposing. This property is perfectly suited for a wide range of uses, including: Event center or venue, Fitness center or gym, Retail or parts store, Office conversion, Restaurant or cafe revival. Additional features include handicap acessibility throughout, flexible floor plan for customization, strong structural build (steel frame) with 6000 sq. ft. of space, 15 peak building heiht, and 14' side walls. Dropped acoustic ceiling has been removed to show the expanse of the ceilings. Whether you're starting a new business or expanding an existing one, this property offers the space, location, and adaaptability to bring your ideas to life. Call Theresa Baize at 575-748-5625 or Lois Oliver Real Estate at 575-748-9735 for one of our brokers and take a look at the opportunities this space has to offer.

601 S 1st St, Artesia

Listing courtesy of Lois Oliver Real Estate.

511 S First St, Clayton
$82,000
20262179 MLS
Welcome to 511 South First Street, a prime development opportunity located on a corner of the widely traveled intersection of South First Street and Cedar Street. Whether youre looking to expand or secure a smart investment, this property offers excellent potential for a variety of business ventures. The existing building is approximately 1,017 square feet, and the property includes just over two lots of land. With ample on-site parking, it provides convenient access for residents, visitors, or future business operations. Dont miss this rare opportunity to invest in property with strong potential and great proximity to local amenities. Owner financing available. Contact Big Country Realty for an appointment to see this property. Asking price is $82,000.00.

511 S First St, Clayton

Listing courtesy of Big Country Realty.

100 Walleyed Pike Dr, Logan
$449,000
20261654 MLS
Just one minute from Ute Lake State Park headquarters and the boat ramp, this must-see property features a 40x60 insulated and heated metal building with an attached awning, perfect for protecting multiple vehicles, boats, or anything you can imagine. The sales office includes a split unit for comfort and can easily be converted into a cabin. It also comes with thirty boat storage units, providing low-maintenance income. A fence secures the main building, office, and shipping container, offering excellent storage and protection for your investments. Currently used as a boat dealership, it's ideal for either commercial or residential use. Seller is willing to owner finance with agreeable terms and seller to replace doors on storage units with acceptable offer. Contact your favorite realtor for a private tour.

100 Walleyed Pike Dr, Logan

Listing courtesy of Your 1st Choice 4 Realty.

5206 N Grimes St, Hobbs
$2,500,000
20261650 MLS
Turnkey opportunity to acquire a multi-parcel, income-capable property in Hobbs. This offering includes four separate parcels totaling approximately 4.47 acres, featuring a commercial building for a business, a residential property (713 W. Kara), and a fully functional animal and equine facility. The property is currently configured for livestock and animal operations, with pipe fencing, multiple pens, shelters, and outbuildings already in place. Ideal for boarding, breeding, training, or small-scale agricultural business use. This property is well-suited for investors, owner-operators, or buyers seeking a live/work setup with expansion potential. Opportunities like this combining land, infrastructure, and multiple parcels are rare in this market.

5206 N Grimes St, Hobbs

Listing courtesy of Casa Oasis Realty.

1801 Plz Unit 1821, Las Vegas
$1,825,000
20261532 MLS
Welcome to the Veeder Complex in the Heart of Las Vegas, NM. Built 1880-1908. Commercial/Residential Buildings. One building faade is Italianate Style, and the other Building Faade is Local Brickwork with a Moorish-style overtone. The Two Buildings with a shared wall are 15,226,744 SF-+. 0.18 acres. The cottage is 747.06 SF-+ with 0.02acres and is a separate structure. There are three storefronts on the first floor, along the length of the building. Starting with North Residence on the second floor, with its large windows, separate entrance, and oak wood accents, you have 2 bedrooms with 2-3/4 baths. The front bedroom for guests sits at the front of the residence with large windows overlooking the Plaza, and a double living room with a large fireplace mantle, great for entertaining or watching a parade or event on the Plaza Square. The dining room gives access to the living room for overflow of larger gatherings of family or friends. The Aqua/ Turquoise Kitchen has sitting stools while visiting with the cook, and a walk-in pantry. The Primary Bedroom has a bath and a hallway connecting to the front living room. Light-filled back room with a side guest daybed, for Brunch or Entertainment. Back stairs to resident parking. Second Longmire Residence with its wide stairs leading up to the second floor. Large receiving area with a corridor that separates rooms on the left and right. On the front, large windows with rooms that lend themselves to a library, bedrooms, living rooms, dining room; all rooms with high ceilings and light-filled windows that overlook the Plaza Park. Art Nouveau green enamel fireplace. Outstanding kitchen and a bath. The large bathroom has stained-glass windows and Marble accents. The story goes that when Teddy Roosevelt was here in Las Vegas for the Rough Rider Reunion in 1899, he took a bath in this tub! The back door takes you to the back porch and down the stairs to resident parking. Filming in this residence for Longmire Series for 6 years till 2017. There are many visitors who come and take pictures in front of the Street Door that has the Longmire Sheriff Seal on the glass. Both residences are light-filled, spacious, luxurious, functional, large, and have access to shopping, restaurants, entertainment, medical, educational, and more. Small town filled with history, a quiet sanctuary for those buyers who want a second home, investment, or live/work space. Keep the leases in place or bring your business to one storefront or all three. Three full basements the length of the buildings, dirt floors. The Cottage, last but not least, bedroom split/living room, with a bath, with washer/dryer, kitchen, and large windows. Sit out front with your morning coffee and park right in front. Things of interest: 200 movies filmed here, 3 ski basins near Taos, Santa Fe, and Sapapu. United World College, Highlands University, Luna Vo Teck, hospital, airport, and so much more. One hour from Santa Fe and 3 hours from the Colorado Border. Pictures say it all! Please verify all facts in this description and measurements. Thank you.

1801 Plz Unit 1821, Las Vegas

Listing courtesy of Duke Realty Group.

1519 Schoolhouse, Springer
$199,000
20261315 MLS
Former Assemblies of God Church located in Springer, NM, situated on approximately 2 acres. The property features a brick exterior and a large, well-maintained worship area suitable for a variety of uses. The building includes multiple office spaces, 2 1/2 bathrooms, storage rooms, and a kitchen area, offering flexibility for community, business, or organizational purposes. In addition to the main building, the property includes an on-site doublewide manufactured home, providing an excellent live/work opportunity. The residence features 3 bedrooms and 2 bathrooms with an open-concept layout between the kitchen and dining area, creating a comfortable space for entertaining or everyday living. With ample space, functional layout, and versatile structures, this property offers potential for a variety of uses while being conveniently located within the Springer community.

1519 Schoolhouse, Springer

Listing courtesy of Realty One Of New Mexico - Raton.

119 Bridge St, Las Vegas
$475,000
20260899 MLS
119 Bridge Street offers a rare opportunity to acquire a property steeped in history and positioned for modern functionality. Formerly home to the beloved Popular Dry Goods store for over 76 years, this asset combines authentic character with practical interior upgrades. The building features original accents that preserve its historic charm, while recent improvements-including a roof replacement in 2023 and a recently-serviced HVAC system-ensure operational reliability. The property includes a private bathroom, an electrical room, and a private room for staff meetings or an office. A substantial unfinished basement with concrete over dirt spans approximately 4,420 square feet, ideal for storage or future customization, and is equipped with a sump pump as well as two ventilation fans leading outdoors. The small rear parking lot, cleared and ready for use, adds convenience for rear access with a loading dock. Located in the historic heart of Las Vegas, this site benefits from strong visibility and proximity to the Plaza, making it an excellent candidate for retail, specialty use, or adaptive reuse. With its combination of historic appeal and modern infrastructure, 119 Bridge Street is a compelling investment for buyers seeking a versatile property in a vibrant market

119 Bridge St, Las Vegas

Listing courtesy of Trujillo Real Estate.

41679 Us Highway 70, Portales
$190,000
20261029 MLS
This property has been a church building in the past, which is still a possibility or it could be renovated into a home or business. Very nice metal building with brick overlay construction, eye appealing metal shingle roof, large covered entry area, separate men's and women's restrooms. Counters and sinks in the back on each side for a preparation /kitchen area. Heat pump with floor vents, that will keep this building comfortable year round. Carpeted floors, pitched interior ceilings, concrete approaches front and back of building. Seller says if it remains a church, the pews will stay. If it is converted to another type property, the pews will be removed. Call Buena Vista Realty @ 575-226-0671 or Eldon Merrick @ 575-607-6242 to set up an appointment.

41679 Us Highway 70, Portales

Listing courtesy of Buena Vista Realty.

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