414 Avenue DLovington, NM 88260

Property Details for 414 Avenue D

Property size (Sq ft)

2,400 SF

Property type

Retail properties

Description

This vacant 2,400 square foot retail building, located at 414 W Ave D in Lovington, New Mexico (zip code 88260), presents a unique investment opportunity. Situated on a 14,500 square foot lot at a busy intersection (Ave D & 5th), this property boasts a rich history, originally constructed as a Circle K convenience store. While requiring some renovation, the building's solid structure retains much of its original charm, reminiscent of iconic 1970s and 1980s Circle K stores. Interior renovations are needed, including pigeon removal and cleanup from the awning and interior. The property currently houses a separate ice machine business, which is not included in the sale; however, the current owner may be willing to lease the space to the buyer or potentially sell the business separately. The versatile space offers numerous possibilities, including a retail storefront, office space, or even a restaurant. A comparable building in the town has successfully operated as a popular restaurant for years, demonstrating the potential for diverse uses. The seller may be open to negotiating terms to assist with the necessary renovations. This property is priced at $170,000.

Location Insight

City

Lovington

County

Lea

State

New Mexico

Latitude

32.944

Longitude

-103.354

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