123 W 2nd St - Medical FOR SALE


Portales, NM 88130
$275,000 USD
575-799-9600

NO PHOTO

$275,000 USD
Medical - FOR SALE
null | Request Cap Rate

123 W 2nd St
Portales, NM 88130


HIGHLIGHTS

  • Established medical office building in downtown Portales.
  • Features nine private offices supporting a variety of healthcare and professional uses.
  • Corner signage provides visibility along a prominent downtown intersection.
  • Multiple treatment and exam rooms equipped with sinks.
  • Functional layout includes reception, office, and support areas.
  • On-site parking accommodates staff and visitors.

OVERVIEW

123 W 2nd Street offers an opportunity to acquire a medical office property in downtown Portales, New Mexico. The building is configured for healthcare and professional office use, featuring multiple medical exam or treatment rooms with sinks, general office areas, reception space, restrooms, and support areas that can accommodate a variety of medical, wellness, therapy, or professional service users.? Positioned within Portales' central business district, the property benefits from proximity to local government services, established commercial businesses, and Eastern New Mexico University, a significant regional institution that contributes to the area's workforce and daily activity. The downtown location provides convenient access to the surrounding community while maintaining visibility from a corner setting with on-site signage opportunities. The asset may appeal to owner-users seeking a medical or professional office presence, as well as investors evaluating an existing office property in a market with limited medical office inventory. Functional medical infrastructure, multiple treatment and office areas, and an established downtown location provide flexibility for a range of healthcare and professional service operations. The building's layout supports continued medical occupancy while also offering adaptability for related office uses, counseling services, administrative operations, or specialty healthcare practices.?

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

-

APN/PARCEL ID

100000000606500

ASK ABOUT THIS PROPERTY

Coletta RayPioneer RealtyMore Info
575-799-9600

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Coletta RayPioneer RealtyMore Info
575-799-9600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.