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About This Home

This 0-bedroom, 0-bathroom single family at 1301 S Ave D in Portales, NM is listed for $150,000 ($81 per sqft). the home offers 1,848 sqft of living space on a 0.41 acres lot.

Agent 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 salondemonstrating 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.

Key Features

  • 0.41 acre lot

Amenities

A/C

Monthly Cost Estimate

$802/mo

20% down · 6.5% · 30 years

Principal$108
Interest$650
Insurance$44

Estimates only. Actual payments may vary.

Location

1301 S Ave D

Portales, NM 88130

Property Details

Construction

Block Stone Siding

Parking

Parking Lot

Questions & Answers

This 0-bedroom, 0-bathroom single family at 1301 S Ave D is listed at $150,000 ($81/sqft). The estimated monthly payment is $650 based on 20% down at 6.5% interest.

Key features include: 0.41 acre lot.

This property is listed by Brian Essex and can be reached at 5753097105 or brianallen229@gmail.com.

BE

Brian Essex

Agent at Town & Country Real Estate, Inc.

(575) 309-7105

Listed by Town & Country Real Estate, Inc.

MLS# 20262755· Source: listhub· Updated 21 days ago

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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