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$ 150,000
Est. payment | /mo
1,848 SqFt
$ 150,000
Est. payment | /mo
1,848 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,848 sqft
Price per Sqft $81
MLS Listing ID 20262755
Annual Tax Amount $1,376
Tax Year 2026
Lot Size 1,848 Sqft
Lot Dimensions 18048
Property Sub-Type Commercial
Property 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.
Location
State NM
County Roosevelt County
Area New Mexico Mls
Interior
Inclusions Building, Land
Exterior
Utilities Available Electricity, Sewer, Water-City
Building
Structure Type Block,Floor-Slab,Masonry,Siding
Others
SqFt Source Assessor
Listed by TOWN & COUNTRY REAL ESTATE, INC.