Clovis Real Estate Search

Clovis Commercial Properties for Sale

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Newest Clovis Commercial Properties for Sale

$889,000
20260967 MLS
Prime Downtown Clovis New Mexico Investment Opportunity | Stabilized Income with Significant Value-Add Potential. Positioned just steps from the courthouse in the heart of town, this 12,400 square foot two-unit commercial property offers immediate cash flow with substantial upside. Ideal for investors seeking strong returns or owner-users looking for a flagship location, this asset combines stability, scale, and opportunity. Unit 1 consists of a 6,700 square foot professional office complex currently leased to the Public Defenders Office on a 15-year lease through 2037, with an option extending to 2042. The lease renews annually on June 1 with 3% increases, with the lessor responsible for utilities, insurance, and taxes. Even with only one unit occupied, the property is producing approximately an 8% cap rate. Recent improvements include replacement of all three HVAC units and fresh exterior paint. The space is in excellent condition and includes a secure public entry and waiting area, two public restrooms, three reception areas, fifteen private offices, four records/storage rooms, two employee restrooms, a board room, meeting room, and a kitchen/breakroom with stove, oven, refrigerator, microwave, and sink. The property also provides 27 off-street parking spaces. Unit 2 is a 5,700 square foot historic 1930s brick building full of character and ready for renovation. Featuring hardwood floors, high ceilings, fireplaces, and an open floor plan, this space presents a compelling value-add opportunity. Its proximity to the courthouse makes it well suited for professional office use such as a religious institution, private law firm, mediation center, title company, CPA or financial services office, bail bonds, consulting firm, or co-working space. The buildings classic brick architecture and downtown presence also lend themselves to creative repositioning as a restaurant, bar, event venue, boutique retail space, or specialty business seeking a distinctive. Includes 17 off-street parking spaces. This property offers a rare combination of long-term government tenancy, built-in annual rent increases, ample parking, and untapped potential in a prime downtown setting. With stabilized income already in place and significant room to increase NOI through renovation and lease-up of Unit 2, this is a strategic investment opportunity in the Clovis commercial market. Additional financial details available.

800 Pile St, Clovis

$400,000
20262984 MLS
Looking to own or lease a business space on Downtown Main Street? Owner will also consider owner financing. Step into the possibilities with this 2-story commercial landmark located in the heart of downtown Main Street. Originally built in 1917, this impressive brick building blends timeless character with exceptional potential in a thriving, rejuvenated downtown district surrounded by established businesses, restaurants, retail, and community activity. Offering approximately 6,500 square feet on both the first and second floors, plus an additional basement area for storage or utility use, the property provides an abundance of flexible space for a wide range of commercial ventures. Large street-facing retail display windows create excellent visibility and natural light, making the main level ideal for retail, restaurant, office, gallery, entertainment, or mixed-use concepts. Upstairs, the expansive second floor opens the door to numerous possibilities, including office suites, event space, studios, or potential apartment or loft-style residential development, subject to city approval. High ceilings, historic architectural details, and the building's classic brick exterior provide the charm and authenticity increasingly sought after in downtown properties. Whether you are an investor, entrepreneur, or developer looking for a signature property with room to grow, this downtown gem offers space, character, and opportunity in one of the area's most active and revitalized business corridors.

318 N Main St, Clovis

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