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$140,000
5 Beds 2 Baths 20260411 MLS
This home is cash or conventional only! Spacious 5-bedroom, 2-bathroom home featuring two living areas and a functional layout with plenty of room to spread out. The primary suite includes double sinks for added convenience. This property offers incredible potential for buyers ready to add their personal touch. With five true bedrooms and flexible living spaces, the possibilities are endless for customization and value-add improvements. This home is ready for its next chapter and would shine with some cosmetic updates and personal touches. A wonderful opportunity for buyers seeking space and value. Property is being sold as-is and presents a great opportunity for renovation or investment. With vision and updates, this home has strong potential! Bring your ideas and make it your own!

1101 E Elbe St, Portales

$210,000
20263389 MLS
Opportunity is knocking with this unique multi-family property packed with potential! Whether you're an investor looking to expand your portfolio, a buyer seeking multiple income streams, or someone dreaming of creating a family compound, this property offers endless possibilities. Featuring multiple residences on one property, including two homes that are essentially nearly move-in ready, you'll have a head start on generating income or accommodating family members right away. The flexible layout makes it easy to envision long-term rentals, short-term rentals, multi-generational living, employee housing, or a combination of personal use and investment opportunities. This is the type of property that doesn't come along oftena true compound with room to grow, create, and maximize your vision. With so many ways to make it work for your goals, the potential here is undeniable. Whether you're looking to rent out every unit for strong cash-flow potential or create a private retreat for family and friends, this property delivers incredible value and opportunity. Don't miss your chance to own a property where the possibilities are as expansive as your imagination. Schedule your private showing today and see firsthand what makes this investment opportunity so special!

674 S Roosevelt Road T St, Portales

$140,000
20262755 MLS
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.

1301 S Ave D, Portales

$135,000
20263899 MLS
10 Acres Inside the City Limits of Portales Endless Possibilities Here's your opportunity to own 10 acres within the city limits of Portales. Surrounded on three sides by city streets, this undeveloped property offers exceptional potential for residential development, investment, or creating your own private estate. Utilities are available in the area, with neighboring homes already connected, making future development more convenient. The property also features a functioning irrigation well, providing added value and flexibility. Located within sight of the local law enforcement building, the property offers the added benefit of a nearby public safety presence. Whether you're an investor seeking your next development opportunity or someone looking to build a dream home with plenty of space and privacy, this property offers the rare chance to shape your own vision while enjoying the convenience of an in-town location. Drive by, explore the possibilities, and imagine bringing this exceptional property to life.

1716 N Abilene St, Portales

$299,000
20262303 MLS
Position your business for success with this versatile commercial property located on the main thoroughfare through Portales, offering exceptional visibility and steady traffic flow from both directions. The 2,718 sq ft building sits on an approximately 7,500 sq ft lot with paved parking, providing convenient access for customers and staff. Inside, the layout is both functional and flexible, featuring two large retail spaces, five additional rooms ideal for offices or private work areas, a restroom, kitchen, vault, and storage closetwell-suited to a wide range of business types. This property also includes an adjacent vacant lot of approximately 10,500 sq ft, creating a rare opportunity for expansion, additional parking, or future development. The building has been updated and comes equipped with cameras and security equipment, offering added value and peace of mind. Whether youre launching a new venture or expanding an existing one, this property delivers location, flexibility, and growth potential in one compelling package.

215 E 2nd St, Portales

$700,000
20263133 MLS
Opportunity is knocking with this well-known commercial property currently operating as My Time Donuts at 1350 S Ave D. Positioned in a high-visibility location with strong local traffic, this property offers excellent potential for an owner-operator, investor, or entrepreneur looking to establish or expand a business presence. The building features a functional layout with customer seating area, service counter space, kitchen/prep areas, and ample room for daily operations. Existing drive-up accessibility and convenient parking add to the appeal for customers and staff alike. Whether you continue the current use or bring your own vision, this versatile commercial space offers outstanding exposure and opportunity in a growing area.

1513 S Ave D Ave, Portales

$250,000
20250511 MLS
Discover this exceptional commercial property ideally situated in the heart of Portales at 212 W 1st Street. This versatile 4,130-square-foot space offers a prime location surrounded by essential community amenities, including the nearby Recreation Complex, Portales High School, and local shopping destinations. The building's thoughtful design incorporates both functionality and comfort, featuring an impressive layout across two floors. The first level welcomes visitors with separate men's and women's restroom facilities, while the second floor includes a private bathroom complete with shower amenities. A standout feature is the private rooftop balcony, offering a unique outdoor space perfect for breaks or casual meetings. Interior highlights include abundant built-in shelving throughout, creating efficient storage solutions for any business operation. The space is flooded with natural light through well-placed windows, creating an inviting atmosphere for both employees and clients. A spacious conference room provides an ideal setting for meetings and presentations, while the included kitchen area adds convenience for staff. The property's practical amenities extend to its exterior, with dedicated parking spaces available both alongside and behind the building. The well-maintained structure's location in Portales' business district ensures high visibility and easy accessibility for clients and employees alike. This commercial property presents an outstanding opportunity for businesses seeking a professional space with modern amenities in a central location. The combination of ample square footage, practical features, and prime positioning makes this an ideal investment for various commercial ventures.

212 W 1st St, Portales