805-819 Avenue C PlPortales, NM 88130

For Sale
$460,000

Five-unit shopping center, great investment.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a five-unit retail shopping center ideally situated in the heart of Portales, New Mexico, at 805-819 S Avenue C Place, zip code 88130. Built in 1992, this property boasts a total of 4732 square feet and currently enjoys four active leases, including the established Juanitos restaurant. One unit is currently vacant, presenting a unique chance for immediate income generation or strategic tenant placement. The property's central location within Portales ensures high visibility and accessibility for businesses, attracting a steady stream of customers. The asking price for this well-maintained retail center is $460,000. This represents a compelling investment opportunity in a thriving New Mexico community. The property is classified as both retail and office space, offering flexibility for a diverse range of tenants. Detailed lease information and financial records are available upon request. This is a rare chance to acquire a well-established retail center in a desirable location with significant potential for growth and return on investment. Serious inquiries only.

Highlights

  • Asking price: $460,000
  • Property type: Retail and office space in a 5-unit shopping center
  • Year built: 1992
  • Location: 805-819 S Avenue C Place, Portales, NM 88130
  • Total square footage: 4,732 sq ft
  • Current occupancy: 4 of 5 units leased, including Juanitos restaurant.

Property Details for 805-819 Avenue C Pl

Property type
Other retail properties, Other office properties
Year Built
1992

Location Insight

City
Portales
County
Roosevelt
State
New Mexico
Latitude
34.1793883
Longitude
-103.334084
805-819 Avenue C Pl, Portales, New Mexico

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805-819 Avenue C Pl
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