Price Reduction
Address
414 W Ave D, Lovington, NM
Price
$ 180,000
Property Attributes
- MLS#20240421
- TypeCommercial
- CountyLEA
- CityLovington
- AreaNew Mexico Mls
- Zip88260
- StyleRetail
- Taxes$ 2874
- Price$ 180,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2300
- Lot Size0.3329 Acres
Data Source:
New Mexico MLS (NMMLS)
Property Description
Large commercial / retail building with a great location. Located at the busy intersection of Ave D & 5th in Lovington, this building was originally built as a Circle K. Building has been used for various other retail purposes over the years but still has many of the characteristics of those iconic Circle K's of the 1970s and 1980s. Building is solid but does need some renovation, including eradication and clean up of pigeons which have infiltrated the awning and to some degree the inside of the building as well. Property also has a large ice machine business which is not included with the sale. Owner of ice machine will pay rent to purchaser of property or might consider selling the ice machine business as well for an acceptable price.
| Price History | |
|---|---|
| 1/29/2024 | Listed $225,000 |
| 2/28/2024 | 7% - $210,000 |
| 3/20/2024 | 8% - $195,000 |
| 4/22/2024 | 8% - $180,000 |
General Features
| Property SubType | Retail |
|---|---|
| County | Lea County |
| New Construction | No |
| Property Type | Commercial Sale |
| HOA / Comm Assn | No |
| Garage Y/N | No |
| Status | Active |
| City | Lovington |
| Buyer Agent Compensation | 2% |
| Senior Community Y/N | No |
| MLS Area | New Mexico Mls |
| Lot Size Square Feet | 14500 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Ave D |
| Property Attached Y/N | No |
| Tax Annual Amount | 2874.98 |
| Lease Considered Y/N | No |
| Standard Status | Active |
Interior Features
| Air Conditioning Y/N | No |
|---|---|
| Heating Y/N | No |
| Fireplace Y/N | No |
| LivingAreaSource | Estimate |
| Living Area Units | Square Feet |
Exterior Features
| Lot Size Area | 14500 |
|---|---|
| Spa | No |
| Building Area Total | 2300 |
| Lot Dimensions | 100 x 145 |
| Lot Size Acres | 0.3329 |
| Lot Size Units | Square Feet |
| Open Parking Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 88260
Price
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Listing information provided courtesy of the Realtor Association of New Mexico. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
