About This Home

This 0-bedroom, 0-bathroom commercial at 1301 S Ave D in Portales, NM is listed for $140,000 ($76 per sqft). the home offers 1,848 sqft of living space on a 0.41 acres lot.

Key Features

  • 0.41 acre lot
Listing Description

Prime commercial opportunity on a high-visibility main road in Portales! This versatile property offers approximately 1,848 SF of space on approximately 0.41 acres, making it ideal for a wide range of business uses. Currently operating as a cannabis dispensary, the property has also successfully served as a filling station, mechanic shop, and hair salon-demonstrating its flexibility and strong commercial potential.

The building features a well-designed retail/dispenser area plus an attached auto bay with an overhead door, providing additional workspace, storage, or service capabilities. Additional highlights include a convenient drive-through window, fenced rear yard for secure storage, and energy-efficient mini-split systems for heating and cooling.

Located on a busy thoroughfare with excellent visibility and traffic counts, this property is perfectly positioned to attract customers and support a variety of business ventures. The business itself is not for sale; however, the current owner is willing to assist a new cannabis dispensary operator with licensing paperwork, creating a valuable opportunity for buyers interested in entering the industry.

Whether you are looking to continue cannabis-related operations or establish another commercial enterprise, this adaptable property offers location, functionality, and opportunity all in one package.

Monthly Cost Estimate

$749/mo

20% down · 6.5% · 30 years

Principal$101
Interest$607
Insurance$41

Estimates only. Actual payments may vary.

Location

1301 S Ave D

Portales, NM 88130

Features & Amenities

Interior Features

Overhead Door(s)Audio/Video Surveillance

Property Details

Construction

Block - Cinder Siding Mission Stone

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1301 S Ave D is listed at $140,000 ($76/sqft). The estimated monthly payment is $749 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.41 acre lot. Interior Features: Overhead Door(s), Audio/Video Surveillance.

This property is listed by Brian Essex.

BE

Brian Essex

License REC-2024-0356

Agent at Town & Country Real Estate

Listed by Town & Country Real Estate · Broker phone: (575) 762-7776 · Broker website

MLS# 20262755· Source: New Mexico MLS· 171 days on PropertySimple

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1301 S Ave D, Portales, NM 88130

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