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$ 775,000
Est. payment /mo
Price Dropped by $25K
218 S 1St Street Lovington, NM 88260
2,638 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Restaurant
Listing Status Active
Purchase Type For Sale
Square Footage 2,638 sqft
Price per Sqft $293
MLS Listing ID 20257104
Year Built 1955
Annual Tax Amount $10,861
Tax Year 2025
Lot Size 2,638 Sqft
Lot Dimensions Approx 20,473
Property Sub-Type Restaurant
Property Description
Jimenez Rancho Grande Mexican Food Restaurant- Famous thriving business and property for sale. Well established business with an excellent reputation located at the center of town. Historic Lovington Building with the traditional Spanish adobe construction Enthusiast atmosphere. 3 main seating rooms-Private party room in back corner-Full service Commercial kitchen. Adequate to serve large crowds. Large bonus parking lot-Newly paved and expanded. TURN KEY WITH GREAT RETURN ON INVESTMENT!!
Location
State NM
County Lea County
Area New Mexico Mls
Rooms
Other Rooms 2
Interior
Inclusions Building, Business, Business Name, Equipment, Fixtures, Furniture, Land
Exterior
Garage Spaces 45.0
Utilities Available Electricity, Natural Gas, Sewer, Water-City
Roof Type Flat,Metal
Building
Structure Type Block,Floor-Slab,Siding-Metal,Stucco,Metal / Fabricate
Others
Virtual Tour https://my.matterport.com/show/?m=QguKVj6bfqj
Listed by ROBINSON & ASSOCIATES REAL ESTATE