Prime Commercial Real Estate in Downtown Portales! 11 miles from Cannon AFB and 18 miles from Clovis! Opportunity Knocks: The Former Home of a Brewpub and Restaurant just waiting to serve Roosevelt/Curry Counties and the surrounding area! Seize a unique investment opportunity at 201 S Main St, a landmark location in the heart of downtown Portales, NM. This commercial property, formerly home to a brewery and restaurant, offers an incredible canvas for a new owner-operator to bring a fresh vision to life. Key Features: Central Downtown Location: Situated prominently on Main Street, the property benefits from high visibility and foot traffic in Portales' business district. Established Community Presence: The location already has a history as a local gathering spot. Wonderful Space: The layout is perfect as a brew pub, and restaurant space. Unique Offering: This is a rare chance to own a distinct, character-filled commercial building in the area, offering something different from the standard commercial real estate inventory. The building was completely remodeled in 2012 with all new plumbing, electrical, fire-suppression, and heat and a/c. In addition to specialized utilities for efficient brewery function, there is an activated carbon water filtration as well as a reverse osmosis water purification system tailored to quality beer production. The woodfired brick oven, is unique to the property being the only one around.. Summary Equipment list: Premier Stainless direct fired 10 BBL brewhouse 4 x 10 BBL conical unitanks 5 x 10 BBL single wall serving tanks malt mill glycol chiller with glycol plumbing for all unitanks portable sanitary pump. Tons of extra hose, valves, gaskets, and various fittings. Investor Highlights: Eastern New Mexico Draw: Portales is home to Eastern New Mexico University (ENMU), ensuring a steady flow of potential customers from students, faculty, and residents. Ready for Revitalization: The local community has shown strong support for unique local dining and entertainment options, making this a high-potential investment for an ambitious operator. Don't miss this chance to own a piece of Portales history and shape its future. Whether you're an experienced restaurateur, a budding entrepreneur, or a smart investor, 201 S Main St offers the perfect foundation for success. Contact your favorite realtor today for a private showing and detailed property information!
Spacious and Afforadble home located on the outskirts of Portales. This manufactured home is a 4 bedroom 2 bath home and is spacious. This home is worth a look and an AMAZING VALUE. LVP throughout the home and a wood burning fireplace make this home feel cozy. Large living area and so many great features including updated lighting and paint. Call a broker and schedule your private showing today!
Call today to see this 4BR/2BA Home on 2 Acres – Move-In Ready & Full of Extras! This well-maintained 4-bedroom, 2-bath home sits on 2 spacious acres and features a 30' x 30' metal carport—perfect for vehicles, equipment, or extra storage. The property also includes ONE storage units to the side of the home providing plenty of room for tools, outdoor gear, or hobbies. Inside, the split floor plan offers space and comfort for the whole family. A large den opens to the kitchen and dining area, creating the perfect layout for entertaining or family gatherings. The spacious utility room just off the kitchen includes convenient access to the backyard. The owner's suite is generously sized and features a large bathroom, walk-in closet, and an additional room that can be used as a home office, nursery, or private sitting area. The remaining three bedrooms share a well-appointed hall bath. With a metal roof (added within the last 3 years), and a 3-year-old A/C unit, this home is built for durability and efficiency.
Roomy Home in a Quiet Portales Cul-de-Sac! NEW ROOF! Tucked away in a low-traffic cul-de-sac, this Portales home has plenty of space to stretch out and get comfortable. The open kitchen is perfect for hanging out while you cook—plus it comes with a new dishwasher and a big fridge, and it flows right into the living room for easy entertaining. You’ll love how open and spacious the layout feels, and the bedrooms are nice and roomy, giving everyone a place to relax. Out back, there’s a great yard with a covered patio and block fencing for privacy—perfect for cookouts or just kicking back. And the xeriscaped front yard keeps things low-maintenance so you can spend more time enjoying your home and less time working on it. Come check it out—you might just find your next home right here!
ATTENTION INVESTORS! Great opportunity to own an eight-door apartment complex with consistently low turnover. Each unit features one bedroom, one bathroom, and a large walk-in closet. Kitchens come equipped with an electric range and refrigerator. Building 1 has a metal roof, while Building 2 features a composition roof. Utilities are separately metered, and tenants pay their own utilities. Each apartment offers central heat and air plus covered porches for added comfort. The property also includes 20 concrete block storage units (each approximately 10x10) with concrete foundations and metal roofs—a great additional income source or tenant amenity. Situated on a large lot with room to expand, this property offers excellent potential for future growth. Call today for more information!
Step into this beautiful 4-bedroom, 2 bath home. This home features many updates, including new flooring, fixtures, and new paint throughout this amazing home. Large room can be used as 4th bedroom or second living area. Step out the back door to a covered back porch. Backyard is fenced and also has a celler. The outside of this home has been newly painted, and home is fixing to get new shingles on the roof. This home is a must see! Call today to schedule your private viewing.
Welcome to this home, offering comfort, space, and peace of mind. Located outside of any flood zone, this property provides both security and style. Inside, you'll find a generously sized kitchen perfect for cooking and entertaining, along with spacious bedrooms that offer plenty of room to relax. With numerous upgrades throughout and an open, functional layout, this home is move-in ready and ideal for families or anyone looking for a comfortable living space.
Welcome to this charming 3-bedroom, 2-bathroom home featuring comfort, functionality, and style! The front courtyard, filled with lush greenery, sets the tone for what’s inside. Step into a spacious living area featuring a cozy wooden fireplace with a gas starter option, plantation shutters, and updated flooring, perfect for relaxing or entertaining. The updated kitchen includes modern new appliances and an inviting eat-in area, perfect for daily meals or morning coffee. You’ll find thoughtful built-ins throughout the home, providing plenty of storage and character in every corner. Step outside to your very own backyard oasis, beautifully landscaped and perfect for relaxing or entertaining. Don’t miss your chance to make it yours, schedule your private showing today!
Great central location retail 5 unit shopping center. 1 vacancy, includes 4 leases, including the Juanitos restaurant. A total of 4732 sq ft.
This is a house in the process of becoming amazing! Price is as - is but as time passes more gets done and PRICE MAY GO UP! So get it quick! Or buy it now and contractor may work with you to finish it just like youd like them to!! Such a cute House, 3 bed 2 bath, central heat, granite countertops, new lighting, bedrooms are almot done! Upstairs is a long bedroom/ rec room/ or whatever youd like it to be! Bonus space! Lets check it out today!
Welcome to your future homesite! Nestled on a generous 2-acre property, this expansive piece of land offers endless possibilities. This property provides plenty of room for a spacious residence, outdoor living areas, a garden, or even a detached garage or workshop.
Welcome to this well-maintained 3 bedroom, 2 bath home built less than 10 years ago. This property features a brand-new roof, an inviting floor plan with a spacious living area, dining space, and a functional kitchen with ample cabinetry and counter space. The primary suite offers a private bath and generous closet, while two additional bedrooms provide flexibility for family, guests, or a home office. Enjoy a large backyard with plenty of room for entertaining, gardening, or play. This home has been carefully maintained and is move-in ready. An added benefit is the VA assumable loan, making this an excellent opportunity for qualified buyers. Conveniently located near schools, shopping, dining, and community amenities, this home combines modern design with lasting value.
40 acres located off of HWY 70 west of Portales
NEW CONSTRUCTION home located in the North Pointe Subdivision. This 3 bed 2 bat home sits on 3/4 of an acre that is close to the base highway. This home has an open floor plan, eat in kitchen, plenty of cabinets. Master bath has double sinks, separate shower. Home has spray foam insulation in walls and attic.
Looking for the perfect spot for your dream home? This four acre lot is the ideal area to enjoy the beautiful NM sunsets and peaceful country living and still be close to amenities! Electric trunk lines have been run to property and co-op water and gas, fire hydrant all nearby. See photos for lot placement on Bigler Buck Dr. Seller also has custom home plan available for separate purchase, if desired.
AFFORDABLE 3 bedroom 1 1/2 bath home! Ready and waiting for someone to make this diamond in the rough shine. This home has a good floor plan and just needs some love. A carport offers protection from the less than favorable weather. If you have a willing spirit and can do attitute come and take a look at this great opportunity. Call a broker for your private showing today.
ARE YOU LOOKING FOR LAND WITH WATER RIGHTS? Come take a look at this rare opportunity. This property features a 3 bedroom 2 bath home with about a combined 274 acres MOL with 176.9 acres of water rights. Buyers and Buyer's brokers to independantly verify with the office of the State Engineers for full details and diversion specs. The home has been updated with LVP flooring and soothing neutral colors. Covered parking and a box car shed for storage. Call for your private showing today!
This is a cute home with large rooms, an oversized corner lot with a 1 car attached carport. Home has a formal dining area, eat in kitchen and 3 bedrooms 2 baths. Rool away dishwasher in the kitchen plus a storage shed out back!
Come see this Little House on the Prairie! The possibilities on this property are endless! Whether you are looking to homestead, farm, garden or just relax, this is the home for you. Assessor's effective year built is 2012. 4 bedroom, 2 bath, 2156 sq ft. 3.57 acres, this property is a couple of miles from Portales and at least 1/2 mile from neighbor's. As you come through the gate, you are welcomed by fruit and nut trees. On the west side of the house, is a spot for an RV, with hookups included to all utilities, which includes the upgraded 220 electricity. Around the back of the property is the chicken coop, small corral with loading chute and feeding trough. Well house, which can be used as a large workshop or storage. An additional stucco building that has electricity hooked up. The well has been upgraded with a regulator and a sand trap. On the east side of the property is a pasture that is fenced for the safety of your animals. Before walking into the house, you may notice that you are walking into a ranch or farmhouse style home with an attached garage. You will love the farmhouse style kitchen that's 12x21 feet with beautiful views of the back of the property where you may see deer, quail and rabbits play!
1 Acre lot on paved road.
Welcome to your fortress of solitude in Portales! Steel fence and a steel roof surround a glorious yard and renovated home. This is not your cookie-cutter house. From unexpected nooks and creative layouts to design choices you truly won't find anywhere else, this one is brimming with character and charm. Updated paint and flooring throughout and 3 count em' 3 bathrooms! Connect with me and let's go see!
BEAUTIFUL AND READY FOR YOU! This home is 2 bedrooms and 2 baths and could be just the right fit. Tray ceilings for that WOW factor. Granite and Knotty Alderwood cabinets add to the charm. Central heat and air for added comfort and metal fencing for durability. Stone accents make the curb apeal on this home great. Don't miss your shot at this great value. Call a broker to today to schedule your private tour.
Step into comfort with this beautifully maintained brick home featuring the most peaceful welcome home environment, a thoughtfully designed layout, and generous living space throughout. Perfectly located in a charming small-town setting, just minutes from Cannon Air Force Base and Eastern New Mexico University. Whether you're a growing family, student, or military member, this home offers the ideal blend of charm, convenience, and community!
SELLER WILLING TO ENTERTAIN ALL OFFERS! Welcome to this beautifully updates 2-bedroom, 1-bath home nestled on a generous 0.6 acre lot. Enjoy the perfect blend of modern upgrades and peaceful surroundings. The home features a bright and open layout, updated flooring, freshpaint, and a stylish kitchen with contemporary finishes. The large yard offers endless possibilities- garden, entertain, or simply relax in your own private retreat. Conveniently located, move in ready and waiting for you.
Value-Add Investment Opportunity – 3 Bed, 2 Bath Near Major Employers This 3-bedroom, 2-bathroom home offers 1,265 sq ft of potential and includes a 1-car detached garage. Located just 1 mile from Walmart and 17 miles from Cannon Air Force Base, it sits in a high-demand rental market ideal for long-term tenants or military housing. The original wood flooring appears to be in good condition and can be refinished or updated with flooring of your choice. With a fresh coat of paint and light cosmetic updates, this property could quickly be transformed into a strong cash-flowing rental or a profitable flip. Don’t miss your chance to add value and equity—call your favorite realtor to schedule a showing today.

The median home value in Portales, NM is $180,500. This is higher than the county median home value of $123,400. The national median home value is $338,100. The average price of homes sold in Portales, NM is $180,500. Approximately 41.74% of Portales homes are owned, compared to 41.25% rented, while 17.01% are vacant. Portales real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Portales real estate agent to arrange a tour today!
Portales, New Mexico has a population of 12,151. Portales is more family-centric than the surrounding county with 36.13% of the households containing married families with children. The county average for households married with children is 30.89%.
The median household income in Portales, New Mexico is $44,101. The median household income for the surrounding county is $47,897 compared to the national median of $69,021. The median age of people living in Portales is 27.1 years.
The average high temperature in July is 91.7 degrees, with an average low temperature in January of 23 degrees. The average rainfall is approximately 17.7 inches per year, with 8.2 inches of snow per year.